Jetty, a U.S.-based startup working on advanced smelting technologies, has announced that John Slaven will take over as CEO starting next month. Slaven brings extensive experience from previous senior roles at companies such as BHP, Alcoa, and Betanda. Jetty is developing copper hydrometallurgical technology aimed at extracting copper from low-grade ores, which were previously considered...
READ MOREGeorgia Governor Brian P. Kemp, first lady Marty Kemp, Aurubis CEO Toralf Haag, and various local officials will attend the ribbon-cutting ceremony this Friday. The plant is projected to create over 200 local jobs and will process more than 180,000 tons of complex recycling materials annually, such as printed circuit boards and insulated copper cables....
READ MOREHindalco’s copper division is set to invest $2.94 billion (₹24,500 crore) across two major copper projects in Gujarat, including the establishment of India’s first electronic waste (e-waste) recycling facility in Dahej, South Gujarat. The new facility will have an annual production capacity of 200,000 tonnes of copper, marking a significant step toward copper recycling in...
READ MOREThe potential merger would position the combined entity as one of the largest aluminium producers globally, offering numerous strategic advantages, including increased production capacity, a broader global presence, improved environmental, social, and governance (ESG) performance, enhanced energy security, and greater shareholder value. HE Khalid Al Rumaihi, Chairman of Alba’s Board, emphasized that this partnership aligns...
READ MOREItaly’s government has decided to reallocate €200 million ($222.78 million) in European Union funds, previously designated for a Stellantis-led battery plant in Termoli, to other green initiatives. This decision follows Stellantis’ announcement of delays in its European battery gigafactories, driven by slower-than-expected demand for electric vehicles (EVs). Automotive Cells Company (ACC), a joint venture involving...
READ MOREFPX Nickel has announced significant progress in its value engineering studies, positioning the company to develop North America’s largest battery metals refinery. The refinery, designed to produce 32,000 tonnes of nickel in nickel sulphate annually, could support the production of around 450,000 electric vehicles each year. These studies have optimized the purification flowsheet, substantially improving...
READ MOREThe United States Geological Survey (USGS) reported that domestic primary aluminum production in the US was 55,000 metric tons (t) in June 2024, with average daily production at 1,830 t. This marks a slight decrease from the 1,840 t reported in May 2024, 12% less than in June 2023, and 30% lower than June 2022...
READ MORESwedish mining company Boliden is reportedly in discussions to acquire the Zinkgruvan mine, located in Askersund municipality, from Lundin Mining, according to a report by Dagens industri. This comes after Lundin Mining’s CEO, Jack Lundin, confirmed earlier this week that the company is looking to sell its European assets, including the Neves Corvo zinc and...
READ MORECodelco and SQM have taken a step forward in their collaboration to produce lithium in the Salar de Atacama. The National Economic Prosecutor’s Office (FNE) in Chile has begun the process of reviewing the antitrust aspects of the Association Agreement between the two companies, which was signed on May 31, 2024. This investigation is a...
READ MOREZambia’s largest mines are turning to South Africa’s Eskom Holdings to combat a severe energy crisis caused by a historic drought. This crisis has depleted the country’s hydropower resources, threatening the shutdown of the Kariba Dam, the world’s largest man-made reservoir, which supplies the majority of Zambia’s power. The drought has reduced power generation, leaving...
READ MOREJapan Develops Innovative Alloy for Aviation Researchers at Japan’s National Institute of Materials Science have created an alloy of titanium and nickel that combines the strength of steel with the elasticity of rubber. In experiments, the alloy was elongated by 50% and then further stretched by 12% after being heated to 300°C. This process resulted...
READ MORESibanye-Stillwater, a major South African precious-metals miner, has revised its gold production guidance downward for the year and reported a larger-than-expected net loss for the first half of 2024. The company’s financial performance was hurt by persistently weak platinum prices and a $401 million impairment related to declining palladium price forecasts. For the first half...
READ MORENth Cycle, a U.S.-based metal-refining startup, has opened its first commercial nickel-cobalt refinery in Ohio, with plans to partner with recyclers and eventually miners to produce metals with less waste. The facility, which received a $7.2 million tax credit under the Inflation Reduction Act, produces mixed hydroxide precipitate (MHP), a key precursor material used by...
READ MOREGold prices surged more than 1% on Thursday, reaching a record high as expectations for an interest rate cut by the U.S. Federal Reserve next week strengthened following data suggesting a slowing U.S. economy. Spot gold climbed 1.6% to $2,552.63 per ounce by 11:40 a.m. ET (1540 GMT), while U.S. gold futures rose 1.5% to...
READ MOREIn July 2024, Russia reclaimed its position as the top aluminum supplier to South Korea, increasing exports by 48% compared to June, reaching 29.8 thousand tons, according to reports from *RIA Novosti*. This marked the highest volume since March and amounted to $78 million in shipments. Russia had previously been the leading supplier in March...
READ MOREAnson Resources has received final approval from the State of Utah, Department of Natural Resources, Division of Water Rights, allowing its subsidiary, A1 Lithium, to begin brine extraction at the Green River lithium project. This approval marks a critical milestone for the company as it progresses toward large-scale lithium production in the United States. The...
READ MOREToronto-based miner Barrick Gold announced that it expects to complete the feasibility study for a significant expansion of its Lumwana copper mine in Zambia by the end of this year, with construction slated to begin in 2025. The planned expansion aims to increase plant throughput from 27 million tonnes to 52 million tonnes annually by...
READ MOREIndian conglomerate Vedanta announced plans to increase its production of nickel and nickel sulphate, capitalizing on the rising demand for electric vehicle (EV) battery materials in Northeast Asia. In an emailed statement, the company said that its subsidiary, Vedanta Nico, aims to expand capacity for these key materials, though it did not provide specific production...
READ MOREBoliden’s ongoing expansion project at the Odda zinc smelter, aimed at increasing annual production from 200 to 350 ktonnes, has encountered delays, particularly at the roasting facility. As a result, the ramp-up to the new production capacity will now begin at the end of the first quarter of 2025, rather than in late 2024 as...
READ MOREUK-based mining explorer Greatland Gold has acquired the Telfer gold mine and the nearby Havieron gold and copper prospect in Western Australia’s Great Sandy Desert for $714 million, capitalizing on rising gold prices. The deal was struck with Newmont Corporation, the world’s largest gold producer, which decided to offload the assets after its $26.2 billion...
READ MOREAluminium prices in China are projected to trend higher in September, supported by favorable macroeconomic conditions and a decline in production, particularly in Yunnan province, according to analysts from the Shanghai Metals Market. Production growth is anticipated to slow, with an estimated year-on-year increase of just 1.4% to about 3.6 million metric tons for the...
READ MORESchlumberger has announced the successful large-scale demonstration of its sustainable lithium production process at its Clayton Valley plant in Nevada. The company’s innovative solution offers an end-to-end process, including advanced impurity treatment and concentration technologies, to produce high-purity lithium carbonate or hydroxide, which are essential for the growing electrification economy. SLB’s technology extracts lithium from...
READ MOREAt the “BRICS Climate Agenda in Modern Conditions” forum held in Moscow, Nornickel proposed a collaborative approach with BRICS nations to further develop the palladium sector, focusing on green technologies. The forum, which addressed global climate change and strategies to mitigate its effects, saw the participation of Nornickel’s Palladium Center, which emphasized the strategic role...
READ MOREDespite an increase in production from South African platinum producers, the global platinum market is expected to remain in deficit in 2024, according to the World Platinum Investment Council (WIPC). South African producers such as Impala Platinum (Implats), Sibanye-Stillwater, Anglo American Platinum (Amplats), and Wesizwe Platinum have been restructuring their operations in response to low...
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