In a significant move, the United States has expanded sanctions on Russia, marking the largest update this year. Key Russian figures, including Iskander Makhmudov and others, face new U.S. sanctions effective September 14. The machine building sector sees several entities added to the sanctions list, such as Transmashholding, AvtoVAZ, Sollers, and more. Further entities affected include Russian Copper Company (RMK),...
Staff Writer
Accelerated Gold Deposit Detection Method Developed at SPbSU
Scientists at St. Petersburg State University (SPbSU) have devised a method to determine the age of the mineral pyrite based on helium concentration. This innovative technique promises faster identification of gold deposits, with a margin of error not exceeding 5%. The university’s press service shared this information. “We are the first in the world to demonstrate that this method can...
Massive Lithium Deposit Discovered in Nevada–Oregon Border Area Could Transform Global Supply
A remarkable lithium deposit situated along the Nevada–Oregon border has garnered attention as it holds the potential to meet the soaring global demand for this critical metal. This discovery, featuring an estimated 20 to 40 million tonnes of lithium metal, surpasses the size of previously identified deposits, including one beneath a Bolivian salt flat previously considered the world’s largest. In-depth...
AO Almalyk Mining and Metallurgical Complex Signs Memorandum of Understanding and Cooperation with Chinese Company
On September 5, 2023, a Uzbek-Chinese business forum took place in Tashkent, within the framework of which events were held to commemorate the 10th anniversary of the “Belt and Road” initiative and a conference on cooperation and exchange between China (Shandong) and Uzbekistan. The aim of these events was to promote the joint utilization of the “Belt and Road” opportunities,...
Gekko Systems Facilitates Commencement of Tungsten Production at Dolphin Mine
Gekko Systems has reached a significant milestone as it oversees the initiation of commercial tungsten production at the Dolphin Tungsten Mine on King Island. Group 6 Metals (G6M) engaged Gekko Systems to design, procure, and construct a mineral processing plant dedicated to tungsten recovery at the Dolphin Mine located on King Island. Gekko’s engineering team collaborated closely with G6M to...
EXLABESA Completes Acquisition of FLANDRIA ALUMINIUM, Enhancing Its Presence in European Markets
EXLABESA has successfully acquired FLANDRIA ALUMINIUM, a specialized French company engaged in extrusion, machining, surface treatment, and recycling of aluminum profiles. The agreement, recently finalized, has received the necessary legal approvals from relevant authorities and has been sanctioned by the French Competition Commission. This strategic takeover aligns with EXLABESA’s international expansion strategy and is poised to bolster the company’s direct...
Draslovka’s GlyCatTM Gold Leaching Process Successfully Implemented at Mongolian Mines
Draslovka a.s. has entered into a user license agreement with Bayan Airag Exploration LLC in Mongolia for the pioneering application of its exclusive glycine gold leaching process, GlyCatTM, in a commercial heap leaching operation. This groundbreaking technology is now being used to extract gold from ore sourced from the Golden Hills and Limestone Ridge pits. The decision to fully integrate...
Hyundai Partners with Korea Zinc to Secure Nickel Supply for Electric Vehicle Batteries
Hyundai Motor Group has entered into a strategic partnership with Korea Zinc, a prominent ferrous metals smelting firm, with the objective of establishing a stable supply chain for nickel — a crucial raw material in the production of electric vehicle (EV) batteries. Under this collaboration, Hyundai and Korea Zinc will jointly source and process nickel raw materials, and they will...
Kolkata Metro Embraces Innovation with Composite Aluminium Third Rail
Kolkata Metro Railway, an integral part of the city’s transportation network for nearly four decades, is embarking on a transformational journey by transitioning from steel Third Rail to composite Aluminium Third Rail. This move aligns Kolkata Metro with prestigious international counterparts such as London, Moscow, Berlin, Munich, and Istanbul Metro, all of which have made the shift from steel to...
E3 Lithium Advances Direct Lithium Extraction Technology to Meet Growing EV Demand
E3 Lithium Ltd, founded in 2016, is betting on the potential of direct lithium extraction (DLE) technology to reshape the lithium mining industry. Although this innovative method, which extracts lithium from brine solutions without traditional evaporation processes, was initially met with skepticism, CEO Chris Doornbos now believes it will become the industry standard, especially as the demand for electric vehicle...