French aluminium oxide producer Alteo has confirmed the acquisition of white corundum producer Niche Fused Alumina (NFA), a move approved by the commercial court of Chambery. Alteo, which employs 380 people and generates approximately EUR 180 million in revenue, has been a long-standing supplier and partner in research and development (R&D) with NFA. This acquisition...
READ MOREIn Liebenau, representatives from the State Directorate, the Saxon Mining Authority, and Zinnwald Lithium GmbH (ZL) recently addressed questions from local citizens about the planned lithium mining in the region. Liebenau is one of two possible locations for the planned processing plant of Zinnwald Lithium GmbH, with the other being Bärenstein. ZL is currently working...
READ MOREBridgnorth Aluminium has launched a £2 million investment initiative in new technology at its 66-acre Midlands site as part of a long-term growth strategy aimed at expanding into new markets. The company, which employs over 330 people, has experienced a 33% increase in sales in 2024 and is currently recruiting an additional 10 employees. This...
READ MORENexans has announced plans to invest more than €90 million ($95 million) in the development of an advanced copper recycling plant at its Lens site in northern France, with completion expected by 2026. This investment, in partnership with Continuus Properzi, aims to significantly boost production capacity and foster a more sustainable copper supply chain, which...
READ MORESwedish mining group Boliden reported a stronger-than-expected rise in core earnings for the third quarter, citing solid production and improving metal prices. Boliden’s third-quarter operating profit, excluding the revaluation of process inventory, reached 3.0 billion Swedish crowns ($274.3 million), up from 1.9 billion crowns during the same period last year. The result came in above...
READ MORECornish Lithium, a Westcountry mineral exploration company, has unveiled its lithium hydroxide demonstration plant at the Trelavour Hard Rock Project in St Dennis, Cornwall. The facility, the first of its kind in the UK, aims to produce battery-grade lithium hydroxide, which is essential for electric vehicles (EVs), grid-scale electricity storage, and rechargeable electronics. The launch...
READ MOREAlcoa Corporation and Ignis Equity Holdings, the majority shareholder of Ignis Business Group, a vertically integrated energy company, announced that they are moving toward signing a strategic cooperation agreement to support the continued operations of Alcoa’s San Cibrao plant. Under the proposed agreement, Alcoa would provide €75 million, while Ignis would make an initial investment...
READ MOREFollowing a meeting involving opposition members and representatives of the associations We Won’t Give Jadar Up and the Alliance of Serbia’s Environmental Organizations (SEOS), Ecological Uprising leader Aleksandar Cuta Jovanovic announced on the evening of October 14 his support for a “nationwide people’s uprising against miner Rio Tinto.” Jovanovic called on citizens to organize blockades...
READ MOREThe European aluminum industry needs urgent support to remain competitive in the face of high energy and raw material prices, according to Paul Voss, CEO of the European Aluminium Association, in an interview with S&P Global Commodity Insights. Voss highlighted that European aluminum producers face significantly higher electricity costs compared to their counterparts in other...
READ MORESavannah’s partners in the Boticas lithium project, located in the Vila Real district, have set their sights on Portugal as a potential site for a new lithium refinery. AMG, the German company, recently opened a refinery in Germany, but its CEO has hinted at the possibility of establishing another refinery in Portugal. “Portugal has 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 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 MOREPaulo Pires, a 50-year-old shepherd, enjoys spending his time in the meadows around Covas do Barroso in northern Portugal. Accompanied by his nine-year-old son Gonçalo, Pires tends to his flock of 190 sheep while enjoying the serene landscape of pastures, forests, and the sparsely populated hills. However, this tranquil way of life is under threat,...
READ MOREMetals Acquisition, which was believed to have considered acquiring the $1 billion Neves Corvo copper and zinc mine in Portugal, has decided not to proceed. Instead, the company announced plans to raise $140 million to reduce debt and “pursue strategic inorganic growth opportunities.” Sources also indicated that South32 had looked at the Neves Corvo asset...
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 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 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 MOREThe European Union’s shift towards clean energy and digital technologies is driving a rapid increase in the demand for critical raw materials, with forecasts showing exponential growth in the coming years. As the EU moves away from fossil fuels, materials such as lithium, cobalt, and nickel — essential for batteries, renewable energy technologies, and the...
READ MORECunext Copper has extended its green and sustainable syndicated loan to nearly €35 million, funding the expansion of its facilities in Córdoba. The financing will support the installation of a new furnace for the production of anodes from secondary (scrap) copper, increasing output by an additional 40,000 tonnes per year. The loan, provided by the...
READ MOREThe London Metal Exchange (LME) is keeping a close watch on the tightening aluminium market, where the October contract has experienced a significant shift. A sharp premium has emerged in the spread between October and November contracts, alongside one party holding a large long position in the October market. “The LME is closely monitoring the...
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 MOREGreen Lithium Refining Limited, a British low-carbon lithium refinery developer, announced on Tuesday that it has signed a memorandum of understanding (MoU) with mining giant Rio Tinto. The agreement aims to establish a commercial partnership to develop a lithium supply chain that will enhance the security of supply for the UK’s and EU’s automotive and...
READ MOREThe National Commission for Public Debate (CNDP) published its findings on Monday, September 30, regarding the proposed lithium mining project in Échassières, France, following five months of public debate. The project, known as EMILI, was announced in October 2022 by French mining company Imerys. It aims to develop France’s largest lithium deposit, with a planned...
READ MOREBotanickel, a French bio-sourced nickel producer, has been cultivating fields of Alyssum murale, a hyperaccumulator plant, in the Balkans for several years. The plant is used to extract nickel from the soil by absorbing heavy metals through its roots and storing them in its aerial parts without harm, according to Guillaume Echevarria, a specialist in...
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