Copper mining giant Antofagasta reported a fifteen percent increase in third-quarter production, while maintaining expectations for full-year output to reach the lower end of its guidance range. Copper production totaled 179,000 tonnes for the three months ending September 30, up 15.3% from the second quarter. Year-to-date output stands at 463,700 tonnes, down 1.2% compared to...
READ MOREOn October 15, President of Uzbekistan Shavkat Mirziyoyev reviewed the progress of the Yoshlik-1 deposit development in Almalyk, along with the construction of the third copper processing plant based on this deposit. The Almalyk Mining and Metallurgical Combine (AMMC) is a leader in the extraction of non-ferrous, rare, and precious metals. In 2023, the combine...
READ MOREIn the medium term, aluminum supply is expected to remain constrained, according to analysts at BofA Securities. This is largely due to China’s production cap of 45 million tonnes per year. The bank forecasts that global aluminum supply will increase at a rate of only 2.1% annually from 2023 to 2026, while demand is projected...
READ MORERio Tinto reported aluminum production of 809,000 tonnes for the third quarter of 2024, marking a two percent decrease from the previous quarter and a two percent decline compared to the same quarter last year. Despite the decrease, the company is maintaining its full-year aluminum production guidance of 3.2 to 3.4 million tonnes. This information...
READ MORENupur Recyclers Limited (NRL) announced today its expansion into aluminum extrusion manufacturing through a $2.16 million (₹180 million) investment in its subsidiary, Nupur Extrusion Private Limited. The move aims to capitalize on the growing demand for recycled materials in the solar energy and construction sectors. Shares of Nupur Recyclers Limited (NRL) were trading at $1.64...
READ MOREFPX Nickel has successfully completed pilot-scale hydrometallurgical refinery testwork, producing battery-grade nickel sulphate from its Baptiste Nickel Project. This development represents a significant step forward in demonstrating the technical feasibility of refining awaruite concentrate at the Baptiste site. The testwork campaign was partially funded by a grant from Natural Resources Canada under the Government of...
READ MOREAlcoa has announced a new agreement to supply up to sixteen and a half million metric tons of smelter-grade alumina to Aluminium Bahrain (Alba) over the next decade. The agreement, which will commence in 2026 and run through 2035, allows Alba to procure alumina primarily sourced from Western Australia, ensuring a consistent and reliable supply...
READ MORESouth Korea-based Posco Future M has announced the production of nickel, cobalt, and aluminium (NCA) cathode materials at its Pohang factory, three months ahead of schedule. On October 12, the company successfully manufactured high-nickel materials with a nickel content of 88%, which enhances energy density and output, making them ideal for high-performance electric vehicle batteries....
READ MOREFreeport Indonesia has suspended copper cathode production at its Manyar smelter following a fire that broke out on Monday, the company’s chief executive confirmed in an interview with Kompas TV on Tuesday. Chief Executive Tony Wenas stated that the duration of the production halt will depend on the outcome of an ongoing investigation into the...
READ MOREThe ENTISE project, focused on developing sodium-ion batteries for scalable industrial energy storage, has successfully commenced. Sodium-ion batteries are seen as a promising solution for a sustainable, resource-efficient future in energy storage. Sodium is not only inexpensive and abundant but also safe and easy to recycle. However, the challenge lies in translating this technology into...
READ MOREThe London Metal Exchange (LME) has onboarded Vedanta Aluminium as the first smelter in India to successfully implement the LME Passport program. This milestone makes Vedanta Aluminium not only the first in the country but also the fifth primary aluminium producer globally to establish a direct digital connection for Certificates of Analysis (CoA) submission to...
READ MORESouth Korea-based Posco Future M Co. has announced the production of nickel, cobalt, and aluminium (NCA) cathode materials at its Pohang factory, three months ahead of schedule. On October 12, the company successfully manufactured high-nickel materials with a nickel content of 88%, enhancing energy density and output, making them ideal for high-performance electric vehicle batteries....
READ MOREChina’s imports of unwrought copper increased in September compared to the previous month, driven by seasonal demand improvements and a positive consumption outlook for the industrial metal, according to customs data released on Monday. Imports of unwrought copper and related products reached 479,000 metric tons last month, marking a 15.4% rise from August, data from...
READ MOREIvanhoe Mines, Inc. has reported record production figures for the third quarter of 2024 at its Kamoa-Kakula copper mine and Kipushi ultra-high-grade zinc mine, both located in the Democratic Republic of Congo (DRC). The Kamoa-Kakula mine, one of Ivanhoe Mines’ flagship projects, achieved a new milestone in the third quarter of 2024, producing a record...
READ MOREStolberg copper producer Aurubis has invested approximately €16 million in two new core units for its copper rolling mill in Stolberg. The Hamburg-based company aims to reduce energy consumption and CO2 emissions while increasing production capacity. With around 400 employees, Aurubis Stolberg specializes in producing high-precision copper and copper alloy strips and wires. The newly...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement Technologies, has signed a Memorandum of Understanding (MOU) with IRIS Metals Limited to produce battery-grade lithium carbonate in the United States. ReElement will apply its proprietary technology to convert spodumene concentrate (SC6) from IRIS Metals’ Beecher Lithium Project in South Dakota. This collaboration will transform IRIS Metals from an exploration...
READ MOREGlobal technology company ABB has signed a contract to deliver two mine hoists to Eti Bakır, Türkiye’s largest copper producer, to support operations at a new underground copper mine in the Maden district of Elaziğ. This agreement marks ABB’s first complete mine hoist installation in Türkiye. The new mine, currently under development, is expected to...
READ MOREILJIN, a leading South Korean manufacturer of automotive and industrial bearings and chassis components, is making a major move into the aluminum forging market to expand its production capabilities. The company plans to invest nearly $100 million in a new forging facility in Auburn, Alabama, aimed at increasing its output of aluminum components. The new...
READ MOREFortuna Mining has announced production results for the third quarter of 2024 from its five operating mines in West Africa and Latin America. The company’s Q3 gold equivalent production totaled 110,820 ounces, down from 128,671 ounces in Q3 2023 and 116,570 ounces in Q2 2024. Gold production for the quarter reached 91,251 ounces, while silver...
READ MOREThe Ministry of Industry and Tourism has granted €30 million from the PERTE for industrial decarbonization to Cunext in Córdoba to support green copper production through recycling. The project also received an additional €5.3 million in incentives from the Regional Government of Andalusia. Banco Sabadell has established a €12 million confirming line linked to sustainability,...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement, is expanding its production capabilities to produce rare earth oxides on a daily basis at its Noblesville Customer Qualification Plant, in addition to its ongoing lithium carbonate production. This expansion coincides with the company’s build-out phase of its large-scale Advanced Technology Center in Marion, Indiana. ReElement will produce both light...
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...
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