The XII International Congress and Exhibition “Non-Ferrous Metals and Minerals – 2024” opened in Krasnoyarsk on September 10, with experts from 11 countries gathering to discuss advancements in metallurgy technologies. One of the highlights of the event was a presentation by Victor Mann, Technical Director of Rusal, who outlined the company’s progress in using inert...
READ MORENornickel, the world’s largest producer of palladium and high-grade nickel, is expanding its focus beyond traditional markets into innovative technologies. Vitaly Busko, the company’s Vice President for Innovations, discussed in an interview with TASS how Nornickel is leveraging 3D printing, artificial intelligence (AI), and new applications for palladium, particularly in hydrogen-powered vehicles and water disinfection....
READ MOREArtemis Resources and Anax Metals have signed a Memorandum of Understanding (MoU) to explore the potential of processing copper assets from Artemis’ Carlow Castle deposit at the Whim Creek processing hub in Pilbara. The Carlow Castle deposit holds an inferred resource of 64,000 tonnes of copper, and the companies are considering the inclusion of other...
READ MOREOn Monday, spot gold rebounded after falling to an intraday low of $2,485 per ounce, closing at $2,506 per ounce. Traders focused on upcoming U.S. inflation data for August, with expectations that the Federal Reserve may cut interest rates by either 25 or 50 basis points in the near future. Despite a stronger U.S. dollar,...
READ MORETMC the metals company, a player in the exploration of deep-sea battery metals, has announced the production of high-temperature calcine during the initial phase of a large-scale commercial processing trial. The project involves processing 2,000 tonnes of polymetallic nodules from the seafloor, in partnership with Pacific Metals (PAMCO) at their Hachinohe Rotary Kiln Electric-Arc Furnace...
READ MOREVale Base Metals (VBM) announced on Wednesday that it is moving ahead with the dismantling of the copperstack and superstack at the Copper Cliff smelter complex in Sudbury, Ontario. This marks the next phase in the company’s efforts to modernize its Canadian operations. The project stems from a multi-billion-dollar investment program unveiled in 2010, which...
READ MOREViva ACP, Asia’s largest producer of metal composite panels, has introduced a new line of advanced Aluminium Composite Panels (ACP) designed to improve the safety and performance of bus bodies in India. These lightweight panels offer reduced vehicle weight, enhanced fuel efficiency, and better overall performance, while also meeting the new safety standards set by...
READ MOREIran is pushing to speed up the development of the massive Janja copper and gold mining project in the southeastern province of Sistan and Baluchistan, aiming to harness the project’s economic benefits to uplift the impoverished region near the Afghan border. On his first official visit, newly-appointed industries minister Mohammad Atabak toured the Janja project...
READ MOREA team of researchers at MIT, in collaboration with ATI Specialty Materials, has developed a new method for creating titanium alloys that surpass traditional trade-offs between strength and ductility. This breakthrough could revolutionize materials used in industries like aerospace, where both high strength and flexibility are essential. Titanium alloys are critical in a range of...
READ MOREState-owned China Minmetals plans to create a 10 billion yuan ($1.41 billion) mining company in partnership with local firms in Qinghai, a lithium-rich province in northwestern China. The new entity, provisionally named China Salt Lake Industry Group, aims to develop a world-class production hub while bolstering national security around potassium and lithium resources. Lithium, crucial...
READ MORECanada Nickel has announced that Export Development Canada (EDC) may provide a $500 million loan for its Crawford project in northern Ontario, which is poised to become the world’s largest nickel-cobalt sulphide development. This potential funding, combined with $600 million in tax credits from the Canadian government, would support the construction of the C$3.5 billion...
READ MOREBaoshan Iron & Steel (Baosteel), Baowu Aluminum, and Japan’s Kobelco have received approval from the European Commission to establish a joint venture focusing on the production of automotive aluminium sheets. The transaction, reviewed under the EU Merger Regulation, raised no competition concerns within the European Economic Area, as confirmed by the Commission’s simplified merger review...
READ MOREPerfect Metals, an Australian company, has developed a new low-temperature electrolytic process to convert cassiterite directly into high-purity tin powder. This innovative process could revolutionize tin production by reducing energy inputs and enhancing sustainability. Electrolytic processes are widely used for metal purification and electroplating, and Perfect Metals has previously applied these technologies to chrome powder...
READ MOREThe International Energy Forum (IEF) has highlighted a critical challenge for the future of electric vehicle (EV) manufacturing: the world’s copper production is far from sufficient to meet the projected demand for a full EV rollout by 2050. According to research led by Dr. Lawrence Cathles from Cornell University and Dr. Adam Simon from the...
READ MOREBoliden has applied to have its Kevitsa mine in Finland designated as a strategic project under the European Union’s Critical Raw Materials Act (CRMA), as announced on the company’s LinkedIn page and highlighted by Metal Supply. The Kevitsa mine contains 14 of the 17 raw materials that the EU has classified as essential for industries...
READ MOREBMI, a division of Fitch Solutions, has revised its forecast for the global tin market, projecting an escalating shortage and further price increases in the coming years. Tin prices, which averaged $18,730 per ton between 2016 and 2020, have surged to over $32,000 per ton, driven by a supply deficit. The tin market has been...
READ MOREEurope is gearing up to launch several lithium mines over the next few years, as the European Union seeks to diversify its lithium supply and reduce dependence on China. Lithium, a critical component for electric vehicle batteries, plays a pivotal role in the energy transition and the push towards reducing carbon emissions. According to Fastmarkets,...
READ MOREDucab Metals Business (DMB), part of the Ducab Group, has announced the doubling of its aluminium production capacity from 55,000 to 110,000 tonnes per year. The company has also expanded its copper production capabilities, responding to rising global demand for its UAE-manufactured products. This expansion supports the UAE’s industrial growth plan, Operation 300bn, which aims...
READ MOREGold prices surged on Wednesday following weaker-than-expected U.S. job vacancies data, pushing the metal to briefly touch $2,500 per ounce. The decline in job openings, reported by the U.S. Bureau of Labor Statistics, increased speculation of a significant Federal Reserve interest rate cut in September, weakening the U.S. dollar and bond yields. Spot gold initially...
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China’s Boi Yi Da company is planning to construct a copper processing plant in Uzbekistan’s Namangan region, with the project expected to unfold in two stages. The first stage alone is estimated to require an investment of around $40 million. Once operational, the plant’s output will be entirely sold for export. Simultaneously, China Mining Energy...
READ MORELithium prices, crucial for electric vehicle (EV) batteries, have seen a sharp decline of more than 20% so far in 2024, but analysts suggest the market may stabilize due to the demand-supply balance. As of Monday, lithium carbonate prices on the Guangzhou Futures Exchange (Gfex) closed at 75,200 yuan ($10,571.5) per tonne, down by 3,050...
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BHP Group’s decision to expand its smelter and refinery at the Olympic Dam operation in South Australia aims to position the country as a key player in the global copper supply chain, particularly outside of China. The expansion, announced on August 30, could raise Olympic Dam’s refined copper cathode output to 500,000 metric tons annually...
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Korea Zinc has announced its involvement in a government-backed project aimed at developing high-purity nickel sulfate for secondary batteries by 2028. The initiative, part of the “2024 Materials and Components Technology Development Project,” will focus on manufacturing nickel materials from low-purity nickel oxide ore for use in battery production. Korea Zinc will collaborate with 10...
READ MOREKodal Minerals has announced that it is on track to become the first company listed on the London Stock Exchange to produce lithium in West Africa. The company’s Bougouni Lithium Project in Mali is expected to begin production by the fourth quarter of 2024, marking a significant milestone for both the company and the region....
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