KGHM, a listed copper group, has outlined its production and financial expectations for 2025, with significant contributions from its domestic and international operations. According to a market filing, KGHM Polska Miedź, a key unit of the group, is projected to sell 572,900 tonnes of payable copper in 2025. The unit’s production targets include 392,300 tonnes...
READ MOREEuropean Metals Holdings Limited has unveiled a substantial increase in the planned production of lithium chemicals from its Cinovec Project, underscoring its potential as a key player in the European Union’s push for lithium self-sufficiency by 2030. The revised plans show a 42% increase in the annual production of battery-grade lithium hydroxide monohydrate, now targeting...
READ MOREThe Husnes primary plant, located on the west coast of Norway, produces low-carbon extrusion ingot for the European construction and automotive industries. A new sow caster will provide flexibility to produce sow ingots during periods of lower demand for the plant’s primary products. “We continue to invest in the future of our Norwegian smelters, which...
READ MOREPalliser Capital has escalated its campaign to end Rio Tinto’s dual-listed structure by calling for an independent review. In a letter sent to Rio Tinto’s board on Thursday, the activist investor, alongside other shareholders, demanded the inclusion of a resolution in the next annual general meeting to initiate a “comprehensive and transparent” review of the...
READ MOREFrench industrial firm Arverne Group has announced that its subsidiary, Lithium de France, has entered into a framework agreement with Tenaris, a global manufacturer of tubular goods for the energy industry. The agreement includes the supply of casing and tubing for Lithium de France’s geothermal heat and lithium project in Alsace. As part of the...
READ MOREUnited Lithium Corp.’s Bergby Lithium Project in Sweden has been granted a national interest designation by the Geological Survey of Sweden (SGU), marking it as a mineral project of strategic importance. The designation aims to safeguard the Bergby area against developments that could hinder future lithium extraction, supporting long-term resource management and planning. The national...
READ MORELundin Mining Corporation has announced a definitive agreement to sell its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden AB for up to $1.52 billion. The transaction includes an upfront cash payment of $1.37 billion and up to $150 million in contingent payments based on future copper and zinc prices. The deal...
READ MOREStellantis and CATL have reached an agreement to invest up to €4.1 billion in a joint venture to establish a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be entirely carbon neutral, the plant will be developed in multiple phases, with production expected to begin by the end of 2026. The...
READ MOREA recent report highlights that Europe could recycle enough battery materials by 2030 to supply up to two million electric vehicles (EVs) annually. However, high energy costs and insufficient financial support pose significant challenges to achieving this goal. The findings come as the European Union (EU) intensifies efforts to reduce reliance on China for critical...
READ MOREDangsheng Technology has announced significant progress in its European new materials industrial base project following the approval of an environmental permit by the Finnish government. This development marks an essential milestone in the company’s efforts to establish a major production base in Finland. The project’s first phase, involving a planned annual production capacity of 60,000...
READ MOREBritish mining company Savannah Resources has concluded the administrative easement process for its Minha do Barroso lithium project in Boticas, Portugal. This step grants the company immediate access to land within the C-100 Mining Concession, marking a key milestone for the project’s progression. Savannah had previously reached agreements to purchase over 100 plots of land...
READ MOREAdvanced Electric Machines (AEM), a start-up from Newcastle, England, is transforming the e-mobility sector with its innovative High-Density Switched Reluctance Motor (HDSRM). By eliminating the use of rare earth materials and copper, AEM has developed a more sustainable and cost-effective electric motor, with aluminum-based technology at its core. This approach not only reduces costs by...
READ MOREAurubis, a leading multimetal producer, has inaugurated a state-of-the-art recycling plant at its Olen site in Belgium. The facility, named the Bleed Treatment Olen Beerse (BOB) plant, is a hydrometallurgical installation designed to recover valuable metals such as nickel and copper from electrolyte streams generated during metal production at Aurubis’ Belgian sites in Olen and...
READ MOREAurubis AG, a leading provider of non-ferrous metals and one of the largest copper recyclers globally, closed the 2023/24 fiscal year with strong financial results. Operating earnings before taxes (EBT) rose to €413 million, up from €349 million in the previous year. Net cash flow remained robust at €537 million, and return on capital employed...
READ MOREThe European Investment Bank (EIB) has signed a 30 million euro loan agreement with Andalusian company Cunext to finance the construction of a copper cathode production plant in Córdoba. The facility will use recycled materials, specifically copper anodes, to produce high-purity copper through advanced electrolysis technology, aiming to reduce reliance on primary copper sourced from...
READ MOREKazakhstan and the United Kingdom are advancing their partnership in the field of critical minerals, with British companies actively negotiating supply contracts with Kazakhstani producers of tungsten products. Six brokers from the UK and three end users are currently in talks to secure these materials, reflecting growing interest in strengthening supply chains for essential metals....
READ MORENumerous European automakers have begun cutting jobs and closing factories, reflecting a slowdown in electric vehicle (EV) demand and the impact of low lithium prices. Swedish battery producer Northvolt recently filed for Chapter 11 bankruptcy protection in the US, while Portuguese energy firm Galp has reversed its plans to proceed with the Aurora lithium project...
READ MOREA lesser-known metal, antimony, has experienced a 300% price rally this year, outpacing gains in gold, silver, and even Bitcoin. Western nations have embarked on a \$100 billion spending spree to replenish their military arsenals, including cruise missiles, artillery shells, javelins, and armored vehicles—all of which require antimony. However, the United States does not produce...
READ MOREKingsrose Mining has received approvals to begin drilling at the Karenhaugen prospect, located within the Porsanger Project in Norway. The Porsanger Project is positioned at the northern end of two converging greenstone belts, which are considered highly prospective for ultramafic-hosted massive sulphide nickel, copper, and platinum group element mineralisation. Kingsrose initially applied for the drilling...
READ MORENorway has decided to suspend plans to issue licences for deep-sea mining in 2024, following opposition from environmental groups and international institutions. This decision was announced by the Socialist Left Party, a key ally of the centre-left minority government, on Sunday. The suspension was agreed upon in exchange for the party’s support of the government’s...
READ MOREHydro Energi , a wholly-owned subsidiary of Norwegian aluminium company Norsk Hydro, has entered into an agreement to purchase 2.63 TWh of renewable power from a unit of Swiss energy group Axpo. The power supplies will be delivered under a 10-year power purchase agreement (PPA) with Axpo Nordics, as confirmed by Axpo’s parent company on...
READ MOREHemerdon Mine, located on the outskirts of Plymouth, Devon, has called on the UK government for support in extracting one of the world’s largest tungsten deposits. According to company executives, the mine, operated by Tungsten West since 2019, holds the second largest deposit of tungsten globally. Tungsten is a critical mineral with high demand in...
READ MOREThe Cell Recycling Competence Centre (CRCC), which BMW is constructing in the Straubing-Bogen district of Lower Bavaria, will introduce direct recycling—a process allowing the mechanical dismantling of residual battery production materials and entire battery cells into their valuable components, which can then be used for pilot production of new battery cells. “The new Cell Recycling...
READ MORETrafigura Group has ordered the withdrawal of thousands of tons of zinc from London Metal Exchange (LME) warehouses, contributing to a significant rally in zinc prices, according to sources familiar with the matter. Over the past two days, orders to withdraw zinc from LME-supervised warehouses have surged by 97,225 tons, marking the largest jump in...
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