Rohit Pathak, CEO of Copper Business at Hindalco Industries, has been appointed to the Board of Directors at the International Copper Association (ICA), recognizing his leadership and contributions to the global copper industry. In this role, Pathak will help shape international strategies, focusing on sustainability, industry growth, and best practices in copper production. His expertise...
READ MORETartana Minerals Limited is engaged in advanced discussions with Mt Garnet Mineral Finance Pty Ltd (MGMF) regarding a potential agreement to access the Mungana Processing Plant. The agreement would allow Tartana to mine its copper ore and transport it 25 kilometers to the Mungana facility for processing into copper sulphide concentrate. With an annual processing...
READ MORELithium battery recycling is emerging as a key solution for reducing environmental impact and securing future supplies of critical battery metals. A Stanford University study highlights that recycling lithium-ion batteries emits less than half the greenhouse gases (GHGs) of traditional mining while using only a quarter of the water and energy. Recycling defective scrap materials...
READ MORERussian aluminum producer Rusal is experiencing increased production costs despite acquiring a 30% stake in Chinese alumina producer Hebei Wenfeng New Materials (HWNM) for $264 million in 2023. The investment granted Rusal access to 1.4 million tonnes of alumina annually, replacing lost supply from Ukraine’s Nikolayev refinery and Australia, which had accounted for 40% of...
READ MORESaudi Aluminum Casting Foundry, a subsidiary of Obeikan Glass, has commenced trial operations at its aluminum casting facility in Al-Madina Al-Munawwara Industrial City. The facility is set to produce a range of aluminum products as part of its manufacturing and casting processes. The company stated that the pilot phase will continue until factory equipment is...
READ MOREHydro and Rio Tinto have announced a partnership to develop carbon capture technology aimed at reducing emissions from aluminum smelters. The companies plan to invest approximately $45 million over five years, with research and development efforts taking place at Hydro’s facilities in Norway and Rio Tinto’s locations in Europe. Both companies will continue their independent...
READ MORERusal is expanding its production capacity for advanced aluminium powders and pastes in the Irkutsk region, aiming to double its output. These materials are crucial for aerated concrete production, making Rusal a key supplier to Russia’s construction industry. The expansion is being carried out by OOO Metalcom, which oversees Rusal’s powder business. The company operates...
READ MORERio Tinto’s 74%-owned South African subsidiary, Richards Bay Minerals (RBM), has signed a deal with independent power producer Red Rocket South Africa for 230 MW of wind energy. The renewable power will supply RBM’s smelting and processing facilities at its Richards Bay ilmenite operation, the company announced on January 30. Red Rocket is developing the...
READ MOREThe global zinc market saw a reduction in supply shortage in November 2024, easing to 52,900 tons from 65,400 tons in October, according to the International Lead and Zinc Study Group. Despite a cumulative shortage of 33,000 tons from January to November, this was a significant shift from the 312,000-ton surplus recorded in the same...
READ MOREFirst Primary Aluminium Smelter in the US in Nearly 50 Years Century Aluminum has begun construction of a new primary aluminium smelter, marking the first such facility built in the US in 45 years. While the exact location has yet to be determined, the company is considering sites near the Ohio or Mississippi rivers. The...
READ MORERain City Resources has commissioned a containerized pilot plant utilizing Avonlea Lithium Corporation’s proprietary Advanced Chemical and Cavitation Extraction technology (ACCELi) for direct lithium extraction (DLE). The plant, designed for pre-commercial trials, has a flow-rate capacity of 150 barrels per day and successfully completed a wet test in Calgary. It is now prepared for shipping...
READ MORENornickel, one of the world’s largest precious metals producers and a leader in non-ferrous extraction, has signed a cooperation agreement with BelAZ, the leading CIS manufacturer of mining dump trucks. This partnership focuses on the development and production of specialized machinery tailored for Nornickel’s mining operations, aiming to reduce reliance on imported equipment and enhance...
READ MOREStardust Power, an American developer of battery-grade lithium products, has officially commenced construction on a $1.2 billion lithium refinery at the Southside Industrial Park in Muskogee, Oklahoma. The groundbreaking ceremony, held on January 22, was attended by company officials, Lieutenant Governor Matt Pinnell, Muskogee Mayor Patrick Cale, and other state and local representatives. The 66-acre...
READ MOREJSW Group announced its entry into the non-ferrous metals sector by securing a Mine Developer and Operator (MDO) contract for two copper mines in Jharkhand, India. The contract, awarded by state-owned Hindustan Copper Limited (HCL), includes the operationalization of the mines and the establishment of a copper concentrator plant, with a total capital investment of...
READ MOREThe aluminium premium for shipments to Japanese buyers for the first quarter of 2025 has been set at $228 per metric ton, marking the highest level in nearly a decade. This represents a significant increase from the $175 per metric ton premium in the previous quarter and marks the fourth consecutive quarterly rise, according to...
READ MOREIn early Monday trading (January 27) in the Asian market, spot gold rebounded slightly, with prices currently near $2,773 per ounce. This marks a recovery of nearly $10 from the intraday low of $2,763.65 per ounce. Analysts predict that gold prices may soon challenge the all-time high of $2,790.15 per ounce, set on October 31...
READ MOREMarine Air Flow International, an Australian manufacturer known for its engine ventilation equipment, has shifted to using Capral Aluminium’s LocAl Super Green, a low-carbon aluminium solution. This transition marks a step toward sustainability for the company, which supplies filtration systems to ensure clean air in marine engine rooms. Nearly half of its business comes from...
READ MOREIn 2024, Russia’s Seligdar reported an 8% increase in consolidated revenue from metal sales, reaching 58.2 billion rubles (approximately $776 million). Revenue from gold sales rose by 6% to 50.8 billion rubles ($677 million), while revenue from tin, tungsten, and copper concentrates grew by 19%, totaling 7.5 billion rubles ($100 million). In the gold mining...
READ MOREAlcoa, the largest aluminum producer in the United States, reported a net profit of $60 million for 2024, reversing a loss of $651 million from the previous year. The company attributed its improved performance to lower raw material and energy costs, alongside higher alumina and aluminum prices, though these gains were partially offset by increased...
READ MOREFirst Quantum Minerals (FQM) achieved strong copper production results in 2024, surpassing its guidance with an annual output of 431,000 tonnes. The performance exceeded the company’s expected range of 400,000-420,000 tonnes, reflecting a year-on-year increase of 54,000 tonnes. The growth was driven by higher ore grades at Kansanshi and increased throughput at Sentinel. Kansanshi delivered...
READ MOREThe Global Zinc Market Enters an Era of Surplus The global zinc market is poised for a surplus of 270,000 tonnes in 2025, following a deficit of 184,000 tonnes in 2024. This surplus is expected to exert downward pressure on zinc prices, which BMI forecasts will decline by 5.8% in 2025 to an average of...
READ MORESolus Advanced Materials reported a remarkable 60% increase in battery foil sales volume in 2024 compared to the previous year, with expectations for continued growth in 2025. This performance stands out amidst a challenging period for the electric vehicle (EV) market, which saw many battery and material companies facing declining sales. Despite these market conditions,...
READ MOREIn Asian morning trading on Monday, January 20, spot gold experienced a sharp decline, dropping to an intraday low of $2,690.96 per ounce. This marks a continuation of the retreat seen in the previous session, as gold prices closed at $2,702.27 per ounce on Friday, down $12.08 or 0.45%. The decline in gold prices at...
READ MORERio Tinto Group plans to establish a dedicated lithium unit, Rio Tinto Lithium, after completing its $6.7 billion acquisition of Arcadium Lithium PLC. According to an internal memo cited by Reuters on January 17, the new division will manage operations at the Rincon lithium project in Argentina. However, the Jadar lithium project in Serbia will...
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