Germany’s Rheinwerk Plant Shifts to Recycled Aluminium as EU Faces Industry Crossroads

Indonesia’s proposed increase in mineral royalties is sending ripples through the mining sector, with analysts warning of potential pressure on profit margins, investor confidence, and the country’s downstream processing ambitions. A public consultation paper released by the Energy and Mineral Resources Ministry under President Prabowo Subianto details plans to raise royalties on key commodities, including…

Revex Technologies has been awarded a $145 million grant from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) to advance the REV Nickel Project. The funding, issued on January 15 but delayed due to administration changes, will support sustainable nickel concentrate production from metal-bearing waste streams, including mine tailings and…

Magna Mining has finalized the acquisition of a portfolio of base metals assets in the Sudbury Basin from an affiliate of KGHM International. The acquisition includes the operating McCreedy West copper mine, as well as the past-producing Levack, Podolsky, and Kirkwood mines. The deal, completed under a share purchase agreement dated September 11, 2024, also…

Spot rhodium prices have climbed to their highest levels in 20 months, driven by increased buying interest from Anglo American Platinum (Amplats) and tight first-quarter supply from South Africa. Prices have risen 20% this month, breaking above $5,000 per troy ounce before reaching $6,040 on Tuesday—the highest since June 2023—before retreating to $5,640 on Wednesday….

The World Platinum Investment Council (WPIC) has published its Platinum Quarterly report for Q4 2024 and the full year, providing an updated forecast for 2025. The platinum market recorded a significant deficit of 995 koz in 2024, exceeding earlier projections by 46%, as total demand surpassed 8 Moz for the first time since 2019. Strong…

Northam Platinum reported a nearly 50% drop in earnings for the six months ending December 31, 2024, as lower platinum group metals (PGM) prices weighed on performance. Headline earnings declined by 49.7% to R238.24 million, prompting an 85% cut in the interim dividend to 15 cents per share. Despite CEO Paul Dunne’s assurance that the…

Russia’s Nornickel, the world’s top supplier of palladium, a metal mainly used in car manufacturing, is pushing to expand its industrial applications as demand from automakers decline. In collaboration with the Krasnoyarsk Non-Ferrous Metals Plant, Russian state-owned refinery, and with support from the Chinese Precious Metals Committee, the company introduced palladium-based bushings as an alternative…

Scientists from the Tokyo University of Science (TUS) have developed a low-cost palladium-based nanosheet catalyst that matches platinum’s efficiency in hydrogen production. This breakthrough aims to address the affordability challenges of large-scale hydrogen generation, which has traditionally relied on expensive platinum-based catalysts. The research, published in Chemistry – A European Journal, introduces bis(diimino)palladium coordination nanosheets…

Palladium prices have plummeted from a peak of approximately $3,440 per ounce in March 2022 to around $921 per ounce, significantly impacting profitability. As a result, Implats’ first-half profit fell 43% to 1.85 billion rand ($100.23 million), leading the company to halt dividend payments. Last year, Implats announced plans to reduce the lifespan of the…