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    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...

    Exploration company signs development memorandum with Canadian Native American nation

    Exploration company signs development memorandum with Canadian Native American nation

    Ring of Fire Metals (RoFM) has signed a memorandum of understanding (MoU) with the Webequie First Nation, outlining a framework for collaboration on proposed development in Northern Ontario’s Ring of Fire. Who Ring of Fire Metals and the Webequie First Nation have signed a memorandum of understanding outlining how the two parties will collaborate to advance ongoing exploration activity in...

    Recycled lead and battery end products to be supplied to Glencore

    Recycled lead and battery end products to be supplied to Glencore

    Glencore is to sign a long-term agreement with recycling technology firm ACE Green Recycling, whereby the latter will supply recycled lead and key metal-based battery end products from recycled lithium-ion batteries. Under the 15-year agreement, Glencore will receive up to 100% of ACE’s products from four of its proposed lead-acid and lithium-ion battery recycling parks in the US, India and...

    Vale intends to separate its base metal business

    Vale intends to separate its base metal business

    Around the midpoint of 2023, Brazil-based mining company Vale plans to split off its base metal operations into a separate company from its core iron ore business. Its nickel operations in Canada will be impacted by this decision, including those in Sudbury, Ontario; Thompson, Manitoba; and Voisey’s Bay, Newfoundland and Labrador. Who Vale executives announced the news at a New...

    New tailings technologies to be developed by Rio Tinto, OZ and Boliden

    New tailings technologies to be developed by Rio Tinto, OZ and Boliden

    As part of the Think & Act Differently (TAD) incubator initiative, funding and support will be offered to innovators seeking to reimagine mining and processing to remove, minimize, find value in or reuse mine tailings. Who Anglo-Australian mining firm Rio Tinto, copper miner OZ Minerals and Sweden-based metals firm Boliden have agreed to partner on developing new solutions to manage...

    Russia aims for rare earth metal independence, dominance

    Russia aims for rare earth metal independence, dominance

    Russia is second only to China in terms of volumes of rare earth metal reserves, but accounts for just 2% of the global market. Supposedly, development of known reserves is hampered by a lack of local demand, but over 90% of required REMs are imported. In the context of ever toughening sanctions, shifting to a model similar to China’s is...

    Glencore shows record profits despite USD 1.6 billion in fines

    Glencore shows record profits despite USD 1.6 billion in fines

    Switzerland-based mining company Glencore has said it will pay USD 180 million to the Democratic Republic of Congo to settle corruption claims. The Congo payout is the latest in a series of corruption cases which has seen Glencore agree to pay out more than USD 1.6 billion in fines this year. Despite the fines, Glencore is expected to make record...

    Nickel price surge threatens to create USD 2.6 billion loss for key LME entity, new report shows

    Nickel price surge threatens to create USD 2.6 billion loss for key LME entity, new report shows

    Analytics recap. Nickel. Early December. Based on analysis by the Financial Times. The London Metal Exchange (LME) clearing house, a crucial organization created to stop problems in one market from spreading to the wider financial system, was in danger of failing in March, according to judicial files disclosed this week. According to the documents, the LME’s clearing house suffered a...

    LME hopes to resume nickel trade in Asian hours after March price spike

    LME hopes to resume nickel trade in Asian hours after March price spike

    LME was forced to suspend the nickel market and cancel all trades on 8 March, after prices spiked more than 50% to hit a record above USD 100,000 per tonne within a few hours. And although nickel trading resumed on 16 March after daily price limits were introduced, it wasn’t available during Asian hours. Now it’s set to resume. Who...