Swiss copper alloy producer Ampco Metal has acquired the Schmelzmetall Group, a move aimed at enhancing its position within the industry and expanding its product offerings to the aerospace, defense, and other advanced technology sectors. According to a press release from Ampco Metal, the integration of Schmelzmetall’s sales department is expected to be finalized by...
READ MOREChina’s cobalt powder production increased by 3.97% month-on-month in October, reaching 773.5 tonnes, while also rising 7.28% compared to the same period last year. From January to October, total production reached 7,978 tonnes, marking a year-on-year growth of 12.29%. In October, overall demand for cobalt powder was moderate, and the market saw the presence of...
READ MOREVulcan Energy has commenced production of lithium hydroxide at its Central Lithium Electrolysis Optimisation Plant in Frankfurt, Germany. The first lithium hydroxide has been successfully produced from high-purity lithium chloride, which is extracted from brines at Vulcan’s direct lithium extraction optimisation plant. This milestone marks the first sustainable production of lithium hydroxide fully domestically produced...
READ MOREJiaxin New Materials Company has successfully conducted a trial production of its new 7-series high-end aluminium alloy round ingot product. This development marks a major milestone for the China-based company as it expands its product line with a high-strength aluminium alloy designed for demanding applications. The newly developed alloy primarily uses zinc as its main...
READ MOREZhejiang Huayou Cobalt, among the largest nickel producers globally, is in discussions with banks for $2.7 billion in financing for its Ford-backed battery-grade nickel project in Indonesia, sources familiar with the matter have indicated. The project aims to boost nickel production for electric vehicles. HSBC and Standard Chartered are arranging the loan and inviting additional...
READ MORENorsk Titanium has received continued funding to develop and refine its production process for nickel superalloy components aimed at US Department of Defense (DoD) applications. The company’s patented Rapid Plasma Deposition (RPD) technology is being used to create aerospace-grade structural titanium and is now expanding its capabilities to produce nickel superalloys. The funding supports Norsk...
READ MOREOn October 15th, Inner Mongolia Weiwang Aluminum Products Processing officially began the trial production phase of its aluminium alloy ingot project. With an investment of RMB 100 million (approximately $13.7 million USD), the facility is set to produce 60,000 tonnes of aluminium alloy ingots annually, using 70,000 tons of recycled aluminium. The project began construction...
READ MOREChina’s Zinc Smelter Purchasing Team (CZSPT) has set the domestic processing fees for zinc concentrate at between 2,000 yuan ($281.57) and 2,500 yuan per metric ton for the first quarter of 2025, according to media reports. The new fees reflect the industry’s ongoing difficulties, including tight ore supplies and declining smelting margins. For imported zinc...
READ MOREBarrick Gold made significant strides in the third quarter of the year, despite ongoing challenges, ensuring that its annual production and cost targets remain within reach due to an anticipated strong performance in the fourth quarter. Gold production remained steady compared to the previous quarter, while copper production saw a 12% increase quarter-on-quarter. The company...
READ MOREChina Zinc Smelters Purchasing Team (CZSPT) has established new processing fees for domestic zinc concentrate for the first quarter of 2025, ranging between 2,000 and 2,500 yuan per metric ton (approximately $281.57 to $352 USD), according to a statement from state-backed research firm Antaike on Tuesday. The fees for imported zinc concentrate have also been...
READ MOREAccording to a survey conducted by Mysteel, battery cell production schedules for November and December have surpassed market expectations, particularly among top-tier manufacturers. This increase is largely driven by strong momentum in the energy storage sector, along with higher-than-anticipated power battery demand in Europe and a stable electric vehicle market in China. Unlike the situation...
READ MOREPoland-based aluminum producer Alumetal has finalized an Environmental Product Declaration (EPD) that documents the environmental impact of its recycled foundry alloy aluminum products. The EPD, based on an independent third-party assessment, offers detailed transparency regarding the mix of scrap qualities used in production at Alumetal’s plants. Alumetal, acquired by Norway’s Norsk Hydro ASA last year,...
READ MORENovelis, based in Atlanta, has released its financial results for Q2 FY2025. The company reported a net income of \$128 million, down 18% year-over-year. Excluding special items, net income was \$179 million, a 1% drop from the prior year. Adjusted EBITDA was \$462 million, down 5%, but up 1% excluding the \$25 million impact from...
READ MORESwiss resource giant Glencore reported a 4% year-on-year decline in copper production to 705,200 tons for the period from January to September 2024. The decrease was primarily attributed to the sale of its Cobar mine in Australia in June. Zinc production also fell by 4%, reaching 643,600 tons, mainly due to reduced output at the...
READ MORESouth Korean battery materials producer L&F Company announced plans to begin production of nickel-cobalt-manganese (NCM) cathodes for battery electric vehicles (BEVs) by the end of 2024. The new cathodes will feature 95% nickel content, the highest used so far in BEV battery cathodes. The company made the announcement during its third-quarter earnings presentation, revealing a...
READ MOREAres Strategic Mining has shipped its new flotation plant, featuring state-of-the-art flotation technology. This facility will be the only one of its kind in North America, designed specifically to produce acidspar, a high-purity form of fluorspar (calcium fluoride) crucial for several industrial applications, including aluminum production, chemical manufacturing, lithium-ion batteries, electronics, and specialized glass and...
READ MOREThe price of alumina, a crucial raw material for aluminium production, has reached a record high of $707.59 per tonne. This surge is attributed to ongoing supply and production issues in major exporting countries like Guinea, Australia, and China, as reported by ZeroHedge. In Guinea, a leading supplier of bauxite, challenges in foreign trade and...
READ MOREIn mid-July, metallurgist Constellium successfully cast its first aluminum plate using hydrogen combustion at its research center in Voreppe, Isère, France. This marks a significant milestone for the company as it explores sustainable production methods aimed at reducing carbon emissions. The multinational company plans to deploy the hydrogen combustion system, still in the development phase,...
READ MOREAluminium Bahrain (Alba) made two key announcements on November 3 at the Gateway Gulf 2024 investment forum in Manama, hosted by the Bahrain Economic Development Board. Alba and Japan’s Daiki Aluminium Industry Company will form a joint venture called Alba-Daiki Sustainable Solutions (ADSS) to set up an aluminium dross processing facility in Bahrain. Alba will...
READ MORECapstone Copper reported strong production results for the third quarter of 2024, producing 47,460 tonnes of copper, largely driven by its operations in Chile. The Mantoverde Development Project reached commercial production in September, delivering two shipments of copper concentrate. The project capital remained on budget at $870 million. Copper production during Q3 included 17,481 tonnes...
READ MOREBall Corporation has acquired Alucan, a European producer of extruded aluminium aerosol and bottle products. The acquisition, completed on October 31, includes manufacturing facilities in Llinars del Vallés, Spain, and Lummen, Belgium. The acquisition aims to increase Ball’s production capacity and meet growing demand for sustainable packaging in Europe. The new facilities will allow Ball...
READ MOREUzbekistan’s Enter Engineering has entered a $215 million cooperation agreement with FLSmidth Inc., a global supplier of mining equipment and services, to develop a new concentrating line at Almalyk Mining and Metallurgical Complex’s (Almalyk MMC) MOF-4 plant. The project aims to increase copper processing and production capacity at Almalyk MMC. The agreement includes the supply...
READ MOREIvanhoe Mines announced that its Kamoa-Kakula copper complex in the Democratic Republic of Congo achieved record monthly production of 41,800 tonnes of copper concentrate in October, along with a combined milling record of 1.2 million tonnes for the month. Copper concentrate production for the year reached 345,042 tonnes as of October 31, representing 79% of...
READ MOREHudbay Minerals is advancing its Copper World project in Arizona, positioning itself as a key U.S. supplier of critical minerals for renewable energy. The $1.3 billion project comprises seven deposits and is expected to produce 85,000 tonnes of copper annually over a 20-year mine life. A feasibility study is scheduled for completion next year, with...
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