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    IBAT Launches Commercial Lithium Production with Breakthrough DLE Technology

    IBAT Launches Commercial Lithium Production with Breakthrough DLE Technology

    International Battery Metals (IBAT) has achieved a significant milestone by becoming the first company to commercially produce lithium using a novel direct lithium extraction (DLE) technology. The company is producing lithium at a site in rural Utah, controlled by US Magnesium, at a rate of nearly 5,000 metric tons per year. The company’s portable DLE plant design allows for scalable...

    Core Lithium Begins Drilling at Shoobridge Project

    Core Lithium Begins Drilling at Shoobridge Project

    Core Lithium has announced the commencement of reverse circulation (RC) drilling at its 100% owned Shoobridge Project, located approximately 130 kilometers south of Darwin, Northern Territory. This marks one of the initial drilling programs under the company’s FY25 exploration agenda. Shoobridge, known for its historic pegmatite tin-tantalum surface workings, has not previously been tested for lithium potential. The project is...

    Alcoa Sees Improved Earnings and Revenue in Q2 Amid Market Upturn

    Alcoa Sees Improved Earnings and Revenue in Q2 Amid Market Upturn

    Alcoa has announced its financial expectations for the second quarter of 2024, projecting an adjusted EBITDA of $310-330 million and revenue between $2.85-2.925 billion. This is a significant increase from the $132 million EBITDA and $2.599 billion revenue reported in the first quarter of 2024. The company anticipates an adjusted net profit of $15-35 million for the second quarter, translating...

    Aeris Resources Updates FY24 Production Guidance

    Aeris Resources Updates FY24 Production Guidance

    Australian copper-gold producer and explorer Aeris Resources Limited has released an update on its FY24 production guidance, highlighting positive outcomes for its key mining operations. Aeris reported that its Tritton copper operations achieved FY24 production of 19.7 kilotonnes (kt), with a robust performance in the June quarter contributing 5.4 kt. The Cracow gold operations produced a total of 45.9 thousand...

    BHP to Temporarily Suspend Western Australia Nickel Operations Amid Market Oversupply

    BHP to Temporarily Suspend Western Australia Nickel Operations Amid Market Oversupply

    BHP has announced a temporary suspension of its Nickel West operations and the West Musgrave project, collectively known as Western Australia Nickel, starting in October 2024. This decision comes in response to an oversupply in the global nickel market, with forward consensus prices projected to decline significantly due to the growth of alternative low-cost nickel supplies. The suspension will affect...

    CMOC Group to More Than Double Copper Output in Congo by 2028

    CMOC Group to More Than Double Copper Output in Congo by 2028

    CMOC Group has announced plans to significantly increase its copper production from mines in the Democratic Republic of Congo, aiming to boost output to between 800,000 and 1 million tons by 2028. This ambitious target comes in response to anticipated strong demand for copper, driven by its essential role in green technologies. The Chinese producer intends to achieve this growth...

    LithiumBank Resources Opens Calgary Pilot Plant to Advance Alberta’s Lithium Extraction

    LithiumBank Resources Opens Calgary Pilot Plant to Advance Alberta’s Lithium Extraction

    LithiumBank Resources has officially opened its pilot plant in Calgary, a key step in unlocking Alberta’s significant lithium resources. This milestone is expected to contribute to the feasibility phase of LithiumBank’s development plans as the Company progresses toward commercial development. Paul Matysek, Executive Chairman of LithiumBank, emphasized the importance of this development, stating, “Licensing of our pilot plant is a...

    India Considers Single Licence for Critical Mineral Mining to Attract Global Giants

    India Considers Single Licence for Critical Mineral Mining to Attract Global Giants

    The Indian government is contemplating issuing a unified licence for the exploration and extraction of critical minerals, aiming to simplify the current fragmented licensing process and attract major global mining companies like Rio Tinto, Glencore, Anglo American, and Barrick Gold, Mint newspaper reported today. Currently, India’s critical mineral auction process involves two distinct steps: first, exploration licences are auctioned with...

    Orion Minerals Sees High-Grade Potential at South African Flat Mine Project

    Orion Minerals Sees High-Grade Potential at South African Flat Mine Project

    Orion Minerals, which is developing copper mining assets in South Africa, has identified promising opportunities to increase high-grade tonnage from shallow deposits, particularly at its Flat Mine project in the Northern Cape. Earlier this month, Orion completed a R92.3 million capital raise to support its copper and zinc operations in South Africa. In addition, the Industrial Development Corporation approved a...

    Queensland Set to Lead in High-Purity Alumina Production with New Gladstone Refinery

    Queensland Set to Lead in High-Purity Alumina Production with New Gladstone Refinery

    Queensland is solidifying its position as a top producer of bauxite and aluminium products with the imminent construction of the world’s largest high-purity alumina (HPA) refinery in Gladstone. Alpha HPA’s managing director, Rimas Kairaitis, announced that construction on the 10-hectare facility at Yarwun will commence by the end of September. The second stage of this project will enable full-scale production...

    Australia and China See Expanding Opportunities for Mining Industry Cooperation

    Australia and China See Expanding Opportunities for Mining Industry Cooperation

    Key figures in Australia’s mining industry have recently highlighted the increasing potential for deeper collaboration with China, driven by both countries’ focus on high-quality development and industrial manufacturing. China’s commitment to developing new quality productivity and advancing energy transformation offers significant opportunities for Australia’s mining sector. Jacob Stausshelm, CEO of Rio Tinto Group, emphasized that China’s efforts to enhance energy...

    Guinea’s Bauxite Exports Hit Record High as China’s Aluminum Demand Soars

    Guinea’s Bauxite Exports Hit Record High as China’s Aluminum Demand Soars

    The second quarter of 2024 saw Guinea’s bauxite exports reach an unprecedented 38.01 million tonnes, according to Greek broker Intermodal. This surge is largely driven by robust demand from China, which has been setting new records in primary aluminum production. In the first five months of 2024 alone, Chinese primary aluminum production hit 17.77 million tonnes, marking a 5.4% increase...

    China’s Top Copper Smelters Set Lowest Q3 Processing Charges Since 2015

    China’s Top Copper Smelters Set Lowest Q3 Processing Charges Since 2015

    China’s leading copper smelters have agreed on the lowest price guidance for third-quarter processing charges since at least 2015, according to sources familiar with the matter. Despite the significant drop from previous quarters, the newly set guidance prices are higher than current spot levels, as smelters anticipate a moderate easing of supply shortages in the upcoming months. The China Smelters...

    Porsche and Hydro to Increase Use of Low-Carbon Aluminium in Sports Car Production

    Porsche and Hydro to Increase Use of Low-Carbon Aluminium in Sports Car Production

    Porsche and Hydro have outlined their plans to expand the use of environmentally friendly aluminium in Porsche’s sports car manufacturing. Following a Letter of Intent (LOI) announced last year, the companies have now detailed their delivery targets. This initiative will ensure that Porsche and its suppliers have access to carbon-reduced aluminium, which boasts an ecological footprint of less than 4...

    Marula Mining Acquires Majority Stake in South African Cobalt Project

    Marula Mining Acquires Majority Stake in South African Cobalt Project

    Marula Mining has announced the acquisition of a 51% stake in Mansena Kruisrivier Cobalt, a South African mining entity, through its wholly owned subsidiary Muchai Mining South Africa. This move secures Marula’s involvement in the Kruisrivier Cobalt Project, located in Limpopo Province, South Africa. The Kruisrivier Cobalt Project spans over 2,340.90 hectares on the Kruisrivier 74 JC Farm and includes...

    Endeavour Silver Reports Q2 2024 Production of 2.2 Million Silver Equivalent Ounces

    Endeavour Silver Reports Q2 2024 Production of 2.2 Million Silver Equivalent Ounces

    Endeavour Silver has announced its second quarter 2024 production results, revealing a total output of 1,312,572 ounces of silver and 10,549 ounces of gold, translating to 2.2 million silver equivalent ounces (AgEq). The company’s year-to-date production has reached 4.4 million AgEq ounces, aligning with the upper range of the full-year 2024 production guidance of 8.1 million to 8.8 million AgEq...

    Novelis Files Patent for Advanced Metal Level Monitoring System in Casting

    Novelis Files Patent for Advanced Metal Level Monitoring System in Casting

    Novelis, a U.S.-based company, has filed a patent application for a new system and method designed to monitor metal levels during the casting process. The patent application, filed on December 23, 2022, is identified by the application number 202217074874 A. The inventor, John Robert Buster Mccallum, has developed a monitoring system aimed at maintaining the level of molten metal within...

    Wesdome Gold Mines Reports Record Quarterly Production in Q2 2024

    Wesdome Gold Mines Reports Record Quarterly Production in Q2 2024

    Wesdome Gold Mines Ltd. has announced its production results for the second quarter ending June 30, 2024 (Q2 2024). The company will release its Q2 2024 financial results after markets close on Wednesday, August 14, 2024, followed by a conference call and webcast the next morning. Q2 2024 Production Performance: – Ore milled (tonnes): – Eagle River: 52,552 (Q2 2023:...