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    Timmins nickel mine could be one of Canada’s largest carbon capture and storage facilities

    Timmins nickel mine could be one of Canada’s largest carbon capture and storage facilities

    Canada Nickel Company is promoting its Crawford Project – a nickel mine in Timmins, Ontario – as one of the largest carbon capture and storage facilities in the country. The company claims that the mine, which is an ultramafic deposit, has the potential to capture and sequester large amounts of carbon dioxide (CO2) through a process it calls In-Process Tailings...

    Aluminium Dunkerque restarts idled production capacity

    Aluminium Dunkerque restarts idled production capacity

    Aluminium Dunkerque, one of Europe’s largest aluminium smelters, has begun to relaunch production capacity that was idled last year due to soaring electricity costs. According to a spokesperson for the company the site, which halted around a fifth of its output in the fourth quarter, should reach full capacity by the end of May. The move follows an easing in...

    London Metal Exchange Chair Resigns in Wake of Nickel Trading Scandal

    London Metal Exchange Chair Resigns in Wake of Nickel Trading Scandal

    The 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 the LME to shut its...

    LME Implements New Deferral Rules Amid Low Stockpiles and Controversy over Copper Outlook

    LME Implements New Deferral Rules Amid Low Stockpiles and Controversy over Copper Outlook

    The London Metal Exchange (LME) has introduced new rules allowing for deferral in order to prevent future squeezes on its warehouse inventories. These rules come with costly fees, however, and traders on the LME have expressed concern over the dwindling inventories. The tight stockpiles reflect the tension that has gripped metals markets for much of this year, a result of...

    Platinum Outshines Other Precious Metals in 2022

    Platinum Outshines Other Precious Metals in 2022

    Based on Kitco analytics Precious metals had a mixed performance in 2022, with platinum being the top performer, up nearly 11% on the year. Silver came in second, with a gain of nearly 3%, while gold ended the year flat. Palladium was the biggest loser, down around 6% in 2022. These precious metals showed their best performance in the last...

    Canada’s Kuya Silver Consolidates Northern Ontario Mining Project

    Canada’s Kuya Silver Consolidates Northern Ontario Mining Project

    Canadian miner Kuya Silver announced in early January that it was finalising the acquisition of battery materials refiner Electra Battery Materials’ assets in the two companies’ Silver Kings joint venture in Northern Ontario. This deal will boost Kuya’s ownership in the Silver Kings Project from 75% to 100%. To finalise the deal, which covers about 16,600 hectares of silver and...

    Indian aluminium industry seeks government intervention in Budget 2023 for removal of tax on raw materials

    Indian aluminium industry seeks government intervention in Budget 2023 for removal of tax on raw materials

    The Aluminium Association of India (AAI) has called for government intervention in the form of supportive measures to address challenges faced by the aluminium industry, including rising foreign imports, a declining market share and escalating costs. The AAI has specifically requested the removal or rationalization of taxes on key inputs for the sector, such as calcined petroleum coke, caustic soda...

    Civmec to Equip Rio Tinto’s Western Range Iron Ore Project for $230mn

    Civmec to Equip Rio Tinto’s Western Range Iron Ore Project for $230mn

    The diversified mining conglomerate Rio Tinto has awarded engineering company Civmec a contract worth 330 million Australian dollars ($229 million) to build and modify facilities for its Western Range project in the iron ore-rich Pilbara region in Western Australia, Civmec announced on 9 January. Under the contract, Civmec will build a new run of mine (ROM) pad, a primary crushing...

    Constellium secures multi-year supply agreement with Daher for aerospace aluminium products

    Constellium secures multi-year supply agreement with Daher for aerospace aluminium products

    Constellium SE, a leading producer of aluminium products, has announced a multi-year contract with Daher, a French aircraft manufacturer, to supply a wide range of flat-rolled aluminium products. The contract will focus on supplying materials for Daher’s TBM and Kodiak aircraft, and will include joint supply chain initiatives and product development. Who Constellium SE, a publicly traded company that specializes...

    DR Congo to Modernise Gold Trade, Attract Foreign Investment with Tax Incentives

    DR Congo to Modernise Gold Trade, Attract Foreign Investment with Tax Incentives

    The Democratic Republic of Congo (DRC) is working to transform itself from a producer to a processing country, according to Finance Minister Nicolas Kazadi. To achieve this goal, the government has signed a deal with the United Arab Emirates to buy all gold produced by the artisanal sector and is putting infrastructure in place to formalise the market. Most of...

    Platinum-cobalt alloy developed as catalyst for next-gen hydrogen fuel cells

    Platinum-cobalt alloy developed as catalyst for next-gen hydrogen fuel cells

    The high cost of platinum, a valuable metal that is the main catalyst for the chemical reactions in next-generation hydrogen fuel cells, has been a barrier to the widespread adoption of this technology. However, scientists have engineered a platinum-cobalt alloy to act as a catalyst, greatly reducing the amount of platinum needed to achieve the same or even better performance....

    Leading Nickel Companies to Watch in 2023 as Market Remains Tight

    Leading Nickel Companies to Watch in 2023 as Market Remains Tight

    According to Investorintel, nickel prices have had a strong year in 2022, rising 43% to reach $28,199 per tonne at the time of writing. This increase has been driven by strong demand and limited new supply in the market. Looking ahead to 2023, the nickel market is expected to remain tight, although some analysts are concerned about potential new supply...

    Russia’s Largest Lithium Deposit to Go Under Hammer in 2023

    Russia’s Largest Lithium Deposit to Go Under Hammer in 2023

    Russia’s largest lithium deposit, the Kolmozerskoye field, is set to go up for auction in 2023 with an initial price of 1.6 billion rubles. Heavily sanctioned by western governments, with no easy way to trade with global lithium suppliers, Russia was forced to restart the Kolmozersky lithium project to secure supplies of the metal, an essential ingredient in high-capacity power...

    Canada announces USD 3.8 billion critical minerals strategy to address global demand for clean technology

    Canada announces USD 3.8 billion critical minerals strategy to address global demand for clean technology

    The demand for critical minerals including lithium, graphite, nickel, cobalt, copper, rare earth elements, potash, uranium and aluminum is increasing as the world moves towards a global net-zero economy and the adoption of clean technologies such as solar panels and electric vehicle batteries. These minerals are not only essential for clean technology, but also play a crucial role in creating...

    Scientists create tiny metallic snowflakes using gallium

    Scientists create tiny metallic snowflakes using gallium

    Scientists in New Zealand and Australia have made a significant discovery in the field of nanomaterials by creating tiny metallic snowflakes. Who Professor Nicola Gaston and research fellow Dr Steph Lambie, both of Waipapa Taumata Rau, University of Auckland, and Dr Krista Steenbergen of Te Herenga Waka, Victoria University of Wellington, collaborated with colleagues in Australia led by Professor Kourosh...

    EU to secure supply of ‘green’ metals in trade deal with Chile

    EU to secure supply of ‘green’ metals in trade deal with Chile

    The European Union and Chile have agreed on a partnership to liberalise bilateral trade and enhance EU access to metals like lithium and copper, which are widely used in electric vehicles. The EU, which signed the trade deal on 9 December, already relies heavily on Chile for lithium sourcing, with over 60% of its imports of the “battery metal” coming...

    Chinese nickel buyers reportedly seeking to ditch LME in favour of SHFE

    Chinese nickel buyers reportedly seeking to ditch LME in favour of SHFE

    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 the Chinese buyers succeed in...

    Russian mining giant Nornickel presents 3 scenarios for green transition to 2050

    Russian mining giant Nornickel presents 3 scenarios for green transition to 2050

    Who 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 projections of the Intergovernmental Panel...

    Protesters vow to halt work at Peru copper mines amid political unrest

    Protesters vow to halt work at Peru copper mines amid political unrest

    Peruvian protesters have threatened to disrupt operations at Glencore’s Antapaccay and MMG’s Las Bambas copper mines, demanding fresh general elections, the country’s La Republica newspaper has reported. The protests were triggered by the impeachment and detention of the South American country’s former president Pedro Castillo. The demonstrators are demanding early presidential elections and the closure of Congress. Seven protesters were...