Indonesia’s nickel production is expected to grow by 15% in 2024, a slower rate than previously forecast, according to a report by Macquarie Group. The British company’s managing director for commodity markets, Jim Lennon, noted that the production estimate for the year has been revised down to 2.20 million tons, from an earlier projection of...
READ MOREChariot is accelerating its plans to become a lithium producer by shifting focus to a pilot plant strategy at its Black Mountain lithium project in Wyoming. The company aims to supply spodumene concentrate to meet growing U.S. demand, responding to an expected rebound in lithium prices. This strategic pivot, away from large-scale exploration, follows internal...
READ MORENickel and cobalt production at Madagascar’s Ambatovy mine has been interrupted after a pipeline transporting ore from the mine in the east of the country to its refinery was damaged, according to a statement from Sumitomo Corp, a major shareholder. The incident, which occurred on September 25, is under investigation, though no injuries have been...
READ MOREHindustan Zinc reported an increase in mined metal production for the July-September period, reaching 256,000 tonnes, a 2% rise compared to the same period last year. The company also announced an 8% increase in saleable metal production, totaling 262,000 tonnes for the quarter. Refined zinc production grew by 7% year-on-year, amounting to 198,000 tonnes in...
READ MOREALRO, one of Europe’s largest aluminum producers, has announced the opening of its new aluminum processing facility, Cutsmart Systems, in Slatina, Romania. The facility, developed with an investment of RON 13.7 million (approximately USD 2.9 million), is designed to enhance ALRO’s production capabilities by providing precision cutting services tailored to various industries’ needs. The launch...
READ MOREStephen Rowland has been appointed as the new President of the International Copper Association (ICA), succeeding Shehzad Bharmal, Executive Vice President and COO of Teck Resources, who led the ICA for the past two years. Glencore, a prominent member of the ICA since 2013, remains actively involved in the organization, which serves as a global...
READ MOREBridgnorth Aluminium has embarked on a £2 million investment in new technology at its 66-acre site in Shropshire, marking a significant step in its long-term growth strategy. The company, which employs over 330 people, reported a 33% increase in sales in 2024 and is actively recruiting for an additional 10 roles to support its expansion....
READ MOREThe 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 MORERio Tinto has finalized the acquisition of Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Limited (BSL), as announced on 30 September 2024. BSL operates the Boyne Island aluminium smelter in Gladstone, Australia. With this transaction, Rio Tinto’s ownership stake in BSL has increased to 71.04%. Rio Tinto expressed its commitment to collaborating with its joint...
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....
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