Cobalt, lithium, and copper are essential for lithium-ion batteries and the electric vehicle (EV) supply chain. As China maintains strategic control over these minerals, the United States and its allies are working to diversify sources to secure supply chains. The US and Japan are increasing cooperation, exploring trilateral partnerships with Latin American mineral producers such...
READ MOREThe European Union is reportedly discussing new import restrictions on Russian aluminium as part of its 16th sanctions package against Moscow for the invasion of Ukraine. However, the impact is expected to be limited, as Russian metal continues to find alternative buyers outside sanctioning countries. LME aluminium prices briefly rose above $2,600 per tonne in...
READ MOREGaltco is set to establish a low-carbon aluminium production plant in Tolú, Sucre, with an estimated investment of $1.2 billion. The facility aims to produce over 350,000 tonnes of green aluminium annually from the Gulf of Morrosquillo, reinforcing Colombia’s role in sustainable aluminium production. On January 29, a Memorandum of Understanding (MoU) for the Galtco...
READ MORESantacruz Silver Mining has released its Q4 2024 production results from its Bolivar, Porco, and Caballo Blanco Group of mines in Bolivia, as well as its San Lucas ore sourcing business and Zimapán mine in Mexico. The company produced a total of 4,710,013 silver equivalent ounces, including 1,761,686 ounces of silver, 23,357 tonnes of zinc,...
READ MOREKBR has been awarded a contract by Weardale Lithium Limited to support one of Europe’s most advanced lithium brine extraction demonstration facilities in Eastgate, County Durham, United Kingdom. The facility will extract lithium carbonate from geothermal groundwater sourced from existing production wells, with plans to scale up to a commercial production target of 10,000 tons...
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 MORETerra Metals Inc., a U.S.-based mining company, has announced progress in its copper and cobalt mining operations and renewable energy projects in Zambia. The company’s assets in the Kabompo Dome, located near major mining operations, position it strategically within the region’s mining sector. The company plans to re-commission its copper and cobalt acid leach plant...
READ MOREIndia has allocated 163 billion rupees ($1.88 billion) to advance its critical minerals sector, aiming to secure essential raw materials such as lithium. The federal Ministry of Mines confirmed the funding, which will support domestic exploration and offshore mineral projects. The government expects an additional 180 billion rupees in public sector investment for critical minerals,...
READ MOREThe Canadian federal government has announced a $41 million investment in Foran Mining Corporation’s Saskatoon office to support the development of emissions-free copper production. The funding will be used to expand Foran’s McIlvenna Bay plant in Saskatchewan, creating 400 new jobs and advancing the country’s transition to a net-zero carbon economy. James Steels, Chief Financial...
READ MOREVale Base Metals, a subsidiary of Vale has initiated a strategic review to assess the potential sale of its mining and exploration assets in Thompson, Manitoba. This move is part of the company’s broader effort to optimize its vertically integrated nickel portfolio, ensuring long-term competitiveness. The review’s findings are expected in the second half of...
READ MOREChina’s lithium carbonate production is expected to fall by approximately 17% in January to 59,800 tonnes, according to a survey conducted by Mysteel in early January. The decline is primarily attributed to domestic lithium converters and hydrometallurgical plants temporarily suspending production for maintenance and overhauls during the Chinese New Year (CNY) holiday. Mysteel’s latest survey...
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 MORESt. Louis-based Phinix has initiated a two-year, $1.8 million cost-shared project funded by the Remade Institute in Rochester, New York. The initiative, titled “Commercial Removal of Fe and Mn from Molten Aluminum Scrap Melts,” aims to enhance the quality and sustainability of recycled aluminum by eliminating metallic impurities from aluminum melts. This project builds upon...
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 MORETaural India, an integrated aluminum foundry, has signed a memorandum of understanding (MoU) with the Government of Maharashtra to expand its advanced manufacturing operations in Supa, Ahilya Nagar. The agreement, finalized during the World Economic Forum (WEF) in Davos, underscores Maharashtra’s dedication to fostering industrial growth in Tier II regions. Currently operating a 300,000 sq....
READ MORENornickel, one of the world’s largest producers of non-ferrous and precious metals, is moving forward with a significant copper-nickel ore mining project at its Severny mine. The project will target deposits at depths of 430 to 730 meters within the Zhdanovskoye, Bystrinskoye, and Tundrovoye sites, which form part of the Pechenga Group, the raw materials...
READ MOREKorea’s major aluminum flat producers—Novelis Korea, Choil Aluminum, and Daeho Al—achieved a combined shipment of 865,148 tons in 2024, a 5.5% increase from 820,228 tons in 2023. However, domestic shipments fell by 7.2%, dropping from 329,363 tons to 305,616 tons, as the local market faced significant challenges. In contrast, export demand rose sharply, climbing from...
READ MOREDespite macroeconomic uncertainties, including the geopolitical challenges posed by Donald Trump’s return to the White House, the outlook for the copper market remains positive, according to a report by Bank of America (BofA). The analysis highlights falling copper inventories in China, growing demand from the country, and ongoing supply constraints as key factors supporting strong...
READ MOREVale Base Metals, a subsidiary of Vale SA (NYSE: VALE), has announced a strategic review to explore and evaluate options for its mining and exploration assets in Thompson, Manitoba. The review, which includes the potential sale of the assets, is part of Vale Base Metals’ broader effort to optimize its global mining portfolio and focus...
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 MOREThe production of recycled-content copper is projected to see a modest increase in 2024 compared to last year, according to data from the Lisbon-based International Copper Study Group (ICSG). Between January and November 2024, global secondary copper production exceeded 4.23 million metric tons (mmt). With at least 378,000 metric tons produced monthly in the last...
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...
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