Russian 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 MOREHydro has appointed Erik Fossum and Jeff Lehman as the new leaders for its aluminium extrusion businesses in Europe and North America, respectively. Erik Fossum will serve as the new business unit president of Extrusion Europe, succeeding Bruno D’hondt, who successfully led the unit since September 2018, delivering strong results over the period. Jeff Lehman...
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 MOREAtlantic Metals, a subsidiary of Moxico Resources, has signed a binding agreement with mineral exploration company Latin Metals to acquire a 75% interest in two copper exploration projects in Argentina. These projects include the Esperanza copper-gold porphyry exploration project and the Huachi copper exploration project. To earn this stake, Moxico must meet several financial and...
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 MOREMilitary Metals (CSE: MILI) has expanded its search for critical minerals beyond Canada by agreeing to acquire three brownfield projects in Slovakia. These projects include two focused on antimony and one on tin, advancing Military Metals’ goal of becoming a key player in critical minerals exploration and development. Under the letter of intent signed on...
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 MOREJapan’s refined copper production is expected to increase by 5.5% in the second half of fiscal 2025 compared to the previous year, according to Reuters calculations based on plans outlined by smelters. The rise is attributed to reduced maintenance activities and solid demand, particularly from the electronics and construction sectors. The financial second half in...
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 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...
READ MORERio Tinto and Arcadium Lithium plc have announced a definitive agreement in which Rio Tinto will acquire Arcadium in an all-cash transaction valued at $5.85 per share. The deal values Arcadium’s share capital at approximately $6.7 billion. Arcadium is a vertically integrated producer of lithium chemicals, with an annual production capacity of 75,000 tonnes of...
READ MOREUS aluminium products producer Novelis, a subsidiary of India’s Hindalco Industries (Aditya Birla Group), has commissioned Italian equipment supplier Danieli to build a flat-rolled sheet production facility at its Bay Minette plant, currently under construction in Alabama. The facility will have an annual capacity of 1 million tonnes, focusing on aluminium scrap recycling and aluminium...
READ MORESual Partners, controlled by Viktor Vekselberg and his partners, is seeking to prevent the proposed buyback of UC Rusal shares. According to Vedomosti, UC Rusal is pursuing the buyback to capitalize on its share of the asset in the absence of dividend payments. UC Rusal’s main shareholder, En+, founded by Oleg Deripaska, holds a 56.9%...
READ MOREA team of Russian researchers has synthesized unique ferromagnetic films made of palladium and iron using the molecular beam epitaxy (MBE) method, according to the Institute of Physics and Technology (ITF). “We have adapted molecular beam epitaxy technology to synthesize gradient magnetic thin films based on a ferromagnetic alloy of palladium and iron. The resulting...
READ MOREThe premium for aluminium shipments to Japanese buyers for the October to December period has been set at $175 per metric ton, reflecting a 1.7% increase from the previous quarter, according to four individuals directly involved in pricing talks. This rise aligns with higher premiums seen in Europe. The new figure surpasses the $172 per...
READ MORERusal’s aluminium exports fell by 4% year-on-year to 2.19 million tonnes in the first nine months of 2024, according to company data reviewed by Interfax. During the same period, the total volume of aluminium transported by Rusal, including domestic shipments, decreased by 1% to 2.69 million tonnes, based on information from Russian Railways. Notably, aluminium...
READ MORENorwegian aluminium producer Norsk Hydro has completed a capacity expansion project at its Cressona smelter in Pennsylvania, USA, with an investment of approximately NOK 1 billion ($94 million). The expansion includes the installation of a new extrusion press with a force of 3,000 tonnes, enabling the production of aluminium profiles up to 12 inches (305...
READ MOREAurubis, one of the world’s leading multi-metal producers and a major copper recycler, has announced a EUR 16 million investment in its Stolberg copper rolling mill in the Rhineland, Germany. The investment includes two new core units—a hood annealing line and a stretch-bending line—to enhance the competitiveness, energy efficiency, and safety of the site. The...
READ MOREStatistics from the Mercantile Exchange of Vietnam (MXV) indicate a significant increase in trading activity last quarter, with precious metals emerging as the most actively traded asset in Vietnam, accounting for 21.5% of the trading volume on MXV. Other metals, such as copper and silver, also showed notable trading activity, ranking seventh and ninth with...
READ MOREIran produced 264,617 tonnes of aluminium ingots in the first five months of the current Iranian calendar year (March 20-August 21), according to data released by the Iranian Mines and Mining Industries Development and Reconstruction Organization (IMIDRO). This marks a slight increase of 1% compared to the same period last year. The production increase was...
READ MORERussian aluminium giant Rusal is considering a share buyback valued at approximately 15 billion rubles ($156 million), following a review by the company’s board of directors. The board has begun a preliminary assessment of the potential buyback, noting that it could be favorable for shareholders overall. However, no final decision has been made, and the...
READ MOREIvanhoe Mines reported record production at its Kamoa-Kakula Copper Complex and Kipushi zinc mine in the Democratic Republic of Congo (DRC) for Q3 2024. Kamoa-Kakula produced 116,313 tonnes of copper in concentrate, while Kipushi produced 17,817 tonnes of zinc in concentrate during its ramp-up phase. Kamoa-Kakula’s Phase 3 concentrator, which began producing in June, is...
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