· Palladium can be a better catalyst for water disinfection than other metals · Trials of new compounds with palladium for water purification are currently underway Clean water is the foundation of human health and the health of the planet. It is a limited resource globally, and new water treatment technologies are needed to address...
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The global production of refined copper rose 5.9% year-on-year to 16.1 million tonnes in the first seven months of 2024, while consumption increased by 2.9% to 15.57 million tonnes, according to a report released by the International Copper Study Group (ICSG). This led to a widening global surplus of 528,000 tonnes during the January-July period,...
READ MORENorwegian aluminum producer Norsk Hydro announced on September 25 that it has begun operations at an advanced aluminum scrap sorting facility in Michigan, USA, through its joint venture, Alsort. The facility, which uses proprietary sorting technology, is expected to provide Hydro with a stable supply of raw materials for the production of low-carbon aluminum products....
READ MORERusal, the world’s largest aluminum producer outside of China, anticipates that the global aluminum market could edge closer to balance by 2025. The company expects demand to rise, aided by lower borrowing costs and China’s economic stimulus measures, helping to reduce the current supply surplus. Russia’s Rusal, which accounts for 5.5% of global aluminum production,...
READ MOREStB Giga Factory Inc, an Australian-Chinese joint venture, has officially inaugurated a PHP 7-billion ($124.6 million) production facility for lithium iron phosphate (LFP) batteries in the Philippines. The factory, located at the Filinvest Innovation Park in New Clark City, Tarlac province, will supply the renewable energy and automotive sectors. The manufacturing complex was opened on...
READ MORECopper prices fell on the London Metal Exchange (LME) on Monday as some investors booked profits, following a sharp rise driven by stimulus measures in China, the world’s largest consumer of metals. The three-month copper contract on the LME dropped 0.8% to $9,905.5 per metric ton after reaching $10,158, its highest level since June 7....
READ MOREGreen Lithium Refining Limited, a British low-carbon lithium refinery developer, announced on Tuesday that it has signed a memorandum of understanding (MoU) with mining giant Rio Tinto. The agreement aims to establish a commercial partnership to develop a lithium supply chain that will enhance the security of supply for the UK’s and EU’s automotive and...
READ MOREAnton Alikhanov, Minister of Industry and Trade of the Russian Federation, took part in the official launch of a new aluminum cap production line at Arnest Packaging Solutions in the Moscow region. Joining him at the event were Ekaterina Zinovieva, Deputy Chairman of the Moscow Region Government, Alexey Sagal, President of Arnest Group, and Alexander...
READ MOREChina’s aluminium industry is poised for increased output as demand remains robust and power supplies improve. However, rising costs for essential raw materials like bauxite and alumina are expected to limit producer profits, posing challenges for the country’s aluminium sector. Improved power availability, especially in Yunnan province, will support higher production levels. Analysts from Shanghai...
READ MOREGlobal copper demand is projected to rise by about 70% by 2050, exceeding 50 million tons annually, according to Rag Udd, chief commercial officer at mining giant BHP Billiton. Udd attributed this anticipated growth to copper’s essential role in both current and emerging technologies, as well as the global push towards clean energy to meet...
READ MORE**TerraVolta Resources Secures $225 Million for Lithium Project** The US Department of Energy has awarded a $225 million grant to TerraVolta Resources for its Liberty Owl project, which aims to extract lithium from formation water in hydrocarbon fields located in Texas and Arkansas. The project, with an estimated capital investment of over $1 billion, is...
READ MOREBotanickel, a French bio-sourced nickel producer, has been cultivating fields of Alyssum murale, a hyperaccumulator plant, in the Balkans for several years. The plant is used to extract nickel from the soil by absorbing heavy metals through its roots and storing them in its aerial parts without harm, according to Guillaume Echevarria, a specialist in...
READ MORELohum Cleantech, an India-based lithium-ion battery pack maker and recycler, has announced a partnership with U.S.-based ReElement Technologies and American Metals to establish a lithium-ion battery materials processing facility in the United States. The initial investment for the project is set at $30 million. The facility, located at the Marion Advanced Technology Center in Indiana,...
READ MORERio Tinto Group is aiming to begin production at its Resolution copper joint venture in Arizona, in partnership with BHP Group, by the end of the decade, according to an interview with CEO Jakob Stausholm, reported by Bloomberg News on September 26. The Resolution project, which has faced various delays, is reportedly nearing the end...
READ MOREIndia’s pursuit of carbon neutrality heavily relies on securing key metals like copper and nickel, essential for the renewable energy sector and the electric vehicle (EV) industry. These materials are crucial to reducing reliance on external sources, and recycling is expected to play a major role in establishing a sustainable and reliable supply chain. Copper,...
READ MOREHindustan Copper (HCL) is moving forward with major expansion projects aimed at increasing its copper mine production capacity to 12.2 million tons per annum (MTPA), a move that will significantly enhance India’s domestic copper output. One of the key components of this expansion is the development of an underground mine beneath the existing open cast...
READ MORENovelis has announced the recovery and imminent restart of operations at its Sierre plant in Switzerland, following a severe flood in late June that caused significant damage. The company expects the plant to resume production by the end of October after successfully restoring major assets by the end of September. The flood heavily impacted the...
READ MOREPT Freeport Indonesia has officially commenced operations at its new copper smelter in Gresik, East Java. The $3.7 billion facility is set to process 1.7 million tonnes of copper concentrate annually, with an output capacity of 900,000 tonnes of copper cathode, 50 tonnes of gold, and 210 tonnes of silver each year. President Joko “Jokowi”...
READ MORERussia significantly increased its aluminum exports to China during the first eight months of 2024, reaching a record $2.3 billion, according to an analysis of Chinese customs data by RIA Novosti. This represents a 1.4-fold increase compared to the same period last year and a dramatic rise from $60.6 million in 2019. While aluminum sales...
READ MORESienna Resources has significantly expanded its land holdings at the Case Lake West Cesium and Spodumene Pegmatite Project in the Larder Lake Mining Division of Ontario, Canada. The project, located roughly 100 kilometers north of Kirkland Lake, now covers approximately 4,200 contiguous acres. This area is considered highly prospective for cesium and spodumene pegmatites, and...
READ MOREKAZ Minerals, a leading copper producer in Kazakhstan, announced a 4% year-on-year decrease in copper production for the first half of 2024, totaling 190,900 tonnes. The drop in output was primarily due to a lower ore grade, though record ore processing levels—47.5 million tonnes, up 7% from the same period in 2023—partially mitigated the impact....
READ MOREPlatinum group metals (PGMs), including platinum and palladium, are experiencing a renewed surge in demand, driven by the rising sales of hybrid vehicles. The shift in the automotive industry toward plug-in hybrids, as opposed to pure electric vehicles (EVs), is reversing the decline in PGM usage seen over the past few years. PGMs, which are...
READ MOREBoliden and Komatsu have announced a significant step in their ongoing collaboration to electrify and automate mining trucks at the Aitik open-pit copper mine. In a world-first development, the two companies introduced a mining truck that can be converted to battery operation, marking a new milestone in the move towards fossil-free mining. At Aitik, Boliden...
READ MOREKorea Zinc’s Chief Technical Officer (CTO), Lee Je-joong, and key engineers have announced plans to resign if the $1.5 billion takeover bid by private equity firm MBK Partners and Korea Zinc’s largest shareholder, Young Poong, succeeds. The declaration was made during a press conference, underscoring the escalating power struggle between the two founding families of...
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