Freeport Indonesia has suspended copper cathode production at its Manyar smelter following a fire that broke out on Monday, the company’s chief executive confirmed in an interview with Kompas TV on Tuesday. Chief Executive Tony Wenas stated that the duration of the production halt will depend on the outcome of an ongoing investigation into the...
READ MOREAccording to a recent update from the United States Geological Survey (USGS), U.S. domestic mine production of recoverable zinc in July 2024 amounted to 66,300 metric tons (t). Year-to-date mine production through July reached 442,000 t, up from 436,000 t during the same period in 2023. The average daily recoverable mine production in July was...
READ MORESavannah’s partners in the Boticas lithium project, located in the Vila Real district, have set their sights on Portugal as a potential site for a new lithium refinery. AMG, the German company, recently opened a refinery in Germany, but its CEO has hinted at the possibility of establishing another refinery in Portugal. “Portugal has the...
READ MOREThe ENTISE project, focused on developing sodium-ion batteries for scalable industrial energy storage, has successfully commenced. Sodium-ion batteries are seen as a promising solution for a sustainable, resource-efficient future in energy storage. Sodium is not only inexpensive and abundant but also safe and easy to recycle. However, the challenge lies in translating this technology into...
READ MOREThe London Metal Exchange (LME) has onboarded Vedanta Aluminium as the first smelter in India to successfully implement the LME Passport program. This milestone makes Vedanta Aluminium not only the first in the country but also the fifth primary aluminium producer globally to establish a direct digital connection for Certificates of Analysis (CoA) submission to...
READ MOREChina’s imports of unwrought copper increased in September compared to the previous month, driven by seasonal demand improvements and a positive consumption outlook for the industrial metal, according to customs data released on Monday. Imports of unwrought copper and related products reached 479,000 metric tons last month, marking a 15.4% rise from August, data from...
READ MOREFollowing the popularity of gold and silver, Costco recently added platinum bars to its lineup of precious metal offerings. Although platinum has not performed as strongly as gold and silver this year, its fundamentals remain solid. Platinum is a relatively newer commodity in the investment landscape. “Platinum is a ‘newer kid on the block’,” said...
READ MOREChina’s aluminium consumption growth is expected to slow to slightly below 5% this year, compared to a 6% gain in 2023, as demand cooled during the third quarter amid economic challenges, despite robust growth from the energy and transportation sectors, local analysts reported to MNI. Gu Fengda, chief nonferrous metals analyst at Guoxin Futures, noted...
READ MOREPaulo Pires, a 50-year-old shepherd, enjoys spending his time in the meadows around Covas do Barroso in northern Portugal. Accompanied by his nine-year-old son Gonçalo, Pires tends to his flock of 190 sheep while enjoying the serene landscape of pastures, forests, and the sparsely populated hills. However, this tranquil way of life is under threat,...
READ MOREOn Thursday (October 10), despite U.S. Consumer Price Index (CPI) data coming in slightly higher than expected, poor performance in initial jobless claims led to a sharp decline in the dollar index, which drove gold prices higher. Spot gold experienced significant fluctuations, ultimately closing up $22.13, or 0.85%, at $2,629.84 per ounce. Ongoing tensions in...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement Technologies, has signed a Memorandum of Understanding (MOU) with IRIS Metals Limited to produce battery-grade lithium carbonate in the United States. ReElement will apply its proprietary technology to convert spodumene concentrate (SC6) from IRIS Metals’ Beecher Lithium Project in South Dakota. This collaboration will transform IRIS Metals from an exploration...
READ MOREAllies led by the United States are seeking to leverage financial networks to increase investments in mineral projects, with the goal of securing a stable supply of critical resources for clean energy and high-tech industries. Jose Fernandez, U.S. Undersecretary of State for Economic Development, Energy, and the Environment, told Bloomberg that the Minerals Security Partnership...
READ MOREGlobal technology company ABB has signed a contract to deliver two mine hoists to Eti Bakır, Türkiye’s largest copper producer, to support operations at a new underground copper mine in the Maden district of Elaziğ. This agreement marks ABB’s first complete mine hoist installation in Türkiye. The new mine, currently under development, is expected to...
READ MOREFortuna Mining has announced production results for the third quarter of 2024 from its five operating mines in West Africa and Latin America. The company’s Q3 gold equivalent production totaled 110,820 ounces, down from 128,671 ounces in Q3 2023 and 116,570 ounces in Q2 2024. Gold production for the quarter reached 91,251 ounces, while silver...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement, is expanding its production capabilities to produce rare earth oxides on a daily basis at its Noblesville Customer Qualification Plant, in addition to its ongoing lithium carbonate production. This expansion coincides with the company’s build-out phase of its large-scale Advanced Technology Center in Marion, Indiana. ReElement will produce both light...
READ MORERussian mining company Nordgold has announced plans to invest over 30 billion rubles (approximately $321 million) in the development of the Sardana zinc deposit, one of Russia’s largest zinc fields in terms of reserves. The Sardana deposit is located in the remote Ust-Maisky area of the Yakutia Republic, covering an area of 6.1 square kilometers....
READ MOREFives has announced the acquisition of all technologies developed by Neatec, including pot alumina distribution and heat exchangers, which significantly reduce the environmental impact of primary aluminium production. These technologies complement the solutions offered by Fives Solios in the reduction sector. With more than 70 years of experience in capturing and treating industrial emissions, Fives...
READ MORESiAT, a leading Taiwanese manufacturer of advanced nanomaterials for batteries, and CSAC, the largest Taiwanese aluminum producer, have revealed promising test results for their jointly developed CNT-coated aluminum foil (CCAF) during a speaker session at the Battery Show Detroit on October 8. Launched in February, the CCAF is designed to meet the growing demand for...
READ MOREMTM Critical Metals has made significant strides in extracting metals from electronic waste using a technique known as Flash Joule Heating (FJH). Following earlier reports of high recovery rates for gold, silver, and copper, the company has now added tin and palladium to the list of successfully recovered metals. The extraction process, which does not...
READ MORESecondary refined tin and solder producer Nathan Trotter & Co. has been selected by the U.S. Department of Defense (DoD) to receive funding to expand the country’s tin smelting and refining capacity. The project will involve constructing comprehensive tin smelting and refining facilities in Coatesville, Pennsylvania, to de-risk the tin supply chain. Nathan Trotter will...
READ MOREA $1 million grant from the U.S. Department of Energy (DOE) has been awarded to Sougata Roy, an assistant professor of mechanical engineering at Iowa State University, to explore the use of additive manufacturing for producing shields and other components for nuclear reactors. The research aims to leverage 3D printing techniques to create tungsten-based alloys...
READ MOREStillwater Critical Minerals has signed a comprehensive, non-binding Memorandum of Understanding (MOU) with US Strategic Metals (USSM) to explore a range of critical minerals-related business opportunities. The MOU reflects a shared alignment in corporate values and aims to advance the development of the critical minerals supply chain in the United States, contributing to the green...
READ MOREPalladium membranes have shown great potential for the purification of hydrogen gas. As the demand for pure hydrogen continues to grow in various industries, the need for efficient and cost-effective purification methods becomes increasingly important. Palladium membranes offer a promising green solution due to their high selectivity and permeability for hydrogen gas. “Production of hydrogen...
READ MOREJapan’s refined copper production is expected to increase by 5.5% in the second half of fiscal 2025 compared to the same period a year earlier, according to Reuters calculations based on smelter plans. This increase is primarily attributed to reduced maintenance activities and solid demand. The financial second half covers the period from October to...
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