The Finnish company Sensmet has developed a technology called Micro-Discharge Optical Emission Spectroscopy (µDOES), which can measure multiple metals, including lithium and their impurities, in real time. The technology is based on atomic emission spectroscopy and creates a micro-discharge or electric spark directly inside an aqueous sample, causing a microscopic volume of the fluid surrounding...
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The London Metal Exchange (LME) announced on 17 January that General Counsel and Head of Enforcement Tom Hine will step down from his role at the end of the month. In a statement, the exchange said that the LME Group legal management team temporarily assumed Hine’s responsibilities starting September 2022. Hine has been with the...
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LKAB, a mining company based in Sweden, has identified significant deposits of rare earth elements in the Kiruna area, which are essential for the manufacture of electric vehicles and wind turbines. The company reports mineral resources exceeding one million tonnes of rare earth oxides, making it the largest known deposit of its kind in Europe....
READ MOREThe chair of the London Metal Exchange (LME), Gay Huey Evans CBE, announced that she will step down from her role in the wake of a nickel trading scandal that has shaken the exchange. The scandal, which was sparked by volatile prices in the nickel market in March due to the war in Ukraine, prompted...
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China’s nickel buyers, the world’s largest purchasers of the metal, have asked producers to switch to Shanghai Futures Exchange (SHFE) contracts to price their supplies next year. Who The sources, who asked to remain anonymous because they were not authorized to speak to the press, possess direct knowledge of the matter. Why it matters If...
READ MOREWho The Russian diversified mining company Norilsk Nickel has outlined three scenarios for economic growth, energy transition and climate change for the next three decades. The three scenarios, presented in November during the 27th Conference of the Parties to the UN Framework Convention on Climate Change (COP27) in Egypt, are based on the global temperature...
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EUR 588 million (USD 616.22 million) of capital expenditure has been earmarked for a lithium project in Finland. Who Diversified South African miner Sibanye-Stillwater is set to advance its Keliber lithium project in Finland, seeking a foothold in the European battery metals market. The company took control of Finnish battery chemicals maker Keliber in October...
READ MOREA major UK exchange has decided against banning Russian metal. Who The London Metal Exchange, after several weeks of deliberation, has published a paper outlining its reasoning for not banning Russian metal. The key points include the stipulation that the Exchange should refrain from making ethical judgements, the potential effects on participants in the market...
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Kopy Goldfields AB’s (publ) wholly owned subsidiary JSC AG Mining (“AGM”) has signed an agreement to acquire a 25% interest in the Russian gold company Zolotaya Zvezda CJSC, for a total cash consideration of RUB 550 million (USD 8.9 million). Who Swedish gold exploration and production company Kopy Goldfields, which is looking to take over...
READ MORECoeur Mining announced the closure of the sale of its southern Nevada assets on 4 November. The Sterling and Crown exploration sites, which occupy a land area of 14,365 ha, will be purchased by a subsidiary of AngloGold Ashanti (NYSE: AU). AngloGold has existing gold projects in the Beatty area of Nevada, making the purchase...
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After the signing of a financing package that will provide up to $123 million in liquidity, Nevada Copper is set to restart operations at its Underground Mine location within the larger Pumpkin Hollow reserve. The resumption of copper extraction at the site comes with an optimised plan to bring the mine’s life-cycle value forward by...
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Nickel Creek Platinum has announced the completion of a drilling and geophysics programme conducted in Yukon, Canada, as part of the Nickel Shaw Project. The project involved a total of 3,300 metres of drilling, 2,000 metres of which comprised a Prefeasibility Study (“PFS”) at the Wellgreen deposit. Eight holes were drilled to support the conversion...
READ MOREThe German government has appealed to the International Seabed Authority to put deep-sea mining activities on hold while an assessment of regulations and potential environmental damage is conducted. The announcement comes after the climate activist group Ocean Rebellion staged a protest against the Hidden Gem drill ship in Rotterdam in February 2022. Spain and New...
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A USD 873 billion mine extracting Ni, Cu, Pt, Pd and Au metals from the magmatic sulphide deposit that forms the core of Norilsk Nickel’s eponymous operations was listed as the most valuable mine in the world by MINING.COM. If the calculations were based on prices back in March, the value of the mine would...
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A new recycling facility is set to turn the Finnish town of Heinola into an aluminium and copper processing hub. The plant, whose construction costs are estimated at 7 million euros, will begin operating next year. The facility consists of a pre-crushing line and a separation line. The operations will have a production capacity of...
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Impression Technologies Ltd (ITL) and fischer group have presented novel forming solutions for ultra-high-strength aluminum structures. The developments have the potential for widespread application in automotive production, especially in electric vehicles. Who Since becoming ITL’s first globally accredited HFQ (Hot Form Quench) partner in December 2020, fischer has invested in a dedicated state-of-the-art high volume...
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One of Europe’s largest lithium mines is set to be opened in Central France by 2027. The plan is to produce 34,000 tonnes of lithium hydroxide per year from 2028, enough to equip 700,000 electric vehicles annually. Who Industrial metals firm Imerys has confirmed that there are sufficient concentrations and quantities of lithium at a...
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