Atlas Lithium has successfully received its modular Dense Media Separation (DMS) lithium processing plant at the Port of Santos, Brazil, marking a significant step toward its goal of becoming a key lithium producer in Brazil’s Lithium Valley. The facility, fully owned and paid for by Atlas Lithium, was transported via the cargo vessel Irene’s Wisdom...
READ MOREAccording to the latest update from the U.S. Geological Survey (USGS), U.S. mines produced 84,100 metric tons of recoverable copper in November 2024. Average daily mine production remained at 2,800 metric tons, unchanged from October but 12% lower than in November 2023. Year-to-date mine output of recoverable copper through November 2024 totaled 948,000 metric tons,...
READ MORERevex 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...
READ MOREEmirates Global Aluminium (EGA), the world’s largest producer of premium aluminum, has adopted a hybrid cloud infrastructure managed by Azure Arc to enhance operational efficiency and optimize production. The approach integrates on-premises datacenters with Azure’s public cloud, enabling advanced AI and automation solutions. “We use the best of the Azure public cloud but we also...
READ MOREChina’s lithium carbonate production reached 64,100 tonnes in February, marking a 0.8% increase from the previous month, according to Mysteel’s updated survey, which covers 68 companies and 83 production bases. The slight monthly increase was driven by ramped-up output from new production capacities and steady operations at major refineries optimizing costs. Additionally, refineries processing outsourced...
READ MORERussia’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...
READ MORESpot 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....
READ MOREPremiums for aluminum buyers in the U.S. physical market surged to record highs on Tuesday following President Donald Trump’s announcement that tariffs on Canadian aluminum would double to 50%. The increase, set to take effect Wednesday, comes in response to Ontario imposing a 25% tariff on electricity exports to the U.S. Physical aluminum transactions typically...
READ MOREPeru’s copper production could rise from nearly three million metric tons per year to four million in the coming years, according to Energy and Mines Minister Jorge Montero. “Just with the northern mining corridor, primarily in the Cajamarca region, we could increase annual copper production by one million fine metric tons, bringing total output from...
READ MOREMetso has introduced its Cu POX leaching process, an advanced hydrometallurgical method designed to optimize copper recovery from sulfide concentrates while minimizing environmental impact. As copper ore compositions evolve due to deposit depletion and stricter environmental requirements, this innovative solution enhances efficiency and sustainability in copper extraction. At the core of the Cu POX process...
READ MOREThe world’s capacity to produce cobalt and lithium—two essential elements for batteries used in mobile devices, tools, and electric vehicles—is expected to double over the next five years, according to the U.S. Geological Survey’s (USGS) inaugural World Minerals Outlook. Meanwhile, production capacity for gallium, palladium, platinum, and helium is expected to remain stable. “The USGS...
READ MOREEcoPro Innovation has signed a joint development agreement with Canadian power company Hydro-Quebec to advance next-generation lithium metal cathode technology. The agreement marks a significant expansion for EcoPro Innovation, moving beyond lithium processing into cathode material development and strengthening its position in the all-solid-state battery market. The signing ceremony took place at the InterContinental Hotel...
READ MOREGermany’s subsoil contains up to 26.51 million metric tons of lithium, according to findings from the Li+Fluid project, a research initiative examining lithium-rich fluids in the North German Plain and Thuringian Basin. Researchers detected lithium concentrations of up to 66 mg/l in fluids, particularly in water sourced from Rotliegend sandstones, the Zechstein carbonate, and the...
READ MOREChinese mining group MMG has suspended operations at its cobalt processing plant in the Democratic Republic of Congo (DRC) due to weakening demand and lower prices. Cobalt, a key battery metal used in electric vehicles (EVs), is one of the DRC’s major exports. The decision comes just 15 months after MMG launched the plant at...
READ MOREFollowing a surplus in 2024, the global copper market is projected to enter a deficit in 2025 due to demand outpacing production growth, according to India Ratings and Research. Prior to 2024, the copper market experienced a five-year deficit. Shradha Saraogi, associate director at India Ratings and Research, highlighted that rising demand for copper and...
READ MOREShanghai copper prices outperformed other base metals on Wednesday, driven by expectations of increasing demand from China’s power and construction sectors. The most-active copper contract on the Shanghai Futures Exchange (SHFE) closed 2.08% higher at 79,410 yuan ($10,962) per metric ton, reaching an intraday high of 79,470 yuan—its highest level since September 30. According to...
READ MORESpot gold experienced a sharp drop in early Asian trading on March 7, falling from a session high of $2,914 per ounce to an intraday low of $2,896.40 per ounce. Analysts attribute the decline to profit-taking ahead of the U.S. Non-Farm Payrolls report and rising U.S. Treasury yields, which reduced the appeal of the non-yielding...
READ MOREMining giant BHP has acquired a stake in Australian company Cobre’s Kitlanya copper projects in Botswana, committing up to $25 million in funding for exploration of copper-silver deposits in the region. BHP’s investment will focus on Cobre’s East and West Kitlanya projects on the Kalahari Copper Belt margins. The company has pledged a minimum of...
READ MOREChina’s electrolytic cobalt production reached 5,370 tonnes in February, reflecting a 5.85% month-on-month increase and a substantial 120.99% surge compared to the previous year. The rise was driven by major cobalt manufacturers resuming normal operations after the Chinese New Year holiday to fulfill long-term orders. However, raw material price fluctuations, influenced by export control policies...
READ MORELithium Americas has announced a strategic investment of $250 million from Orion Resource Partners LP to support the development and construction of Phase 1 of the Thacker Pass lithium project in Nevada. Orion has committed to purchasing senior unsecured convertible notes totaling $195 million and entering into a Production Payment Agreement (PPA) worth $25 million,...
READ MOREVale Overseas, a wholly owned subsidiary of Vale S.A., has announced the Total Consideration payable in connection with its previously disclosed cash tender offers for outstanding notes. The offer applies to a maximum aggregate principal amount of notes up to US$450,000,000, excluding any premium and accrued interest. The Offers are subject to the conditions outlined...
READ MORERussia must establish a full production chain for rare earth metals (REM) to achieve technological sovereignty, according to Andrey Trenin, head of the company developing the Afrikand deposit. The country remains heavily reliant on China for its REM supply, despite possessing significant reserves. The topic of REM has gained attention due to the global deglobalization...
READ MORETaiwanese aluminum extrusion manufacturer Alformer Industrial Co. will invest nearly NT$1 billion ($31.6 million) to establish a new factory in Beidou, Changhua. The facility will focus on producing high-strength aluminum alloy formwork, integrating smart manufacturing and automation technologies, and adopting MES warehouse management and robotic arm welding systems. Initially specializing in aluminum doors and windows,...
READ MOREIndonesia’s Ministry of Energy and Mineral Resources is weighing an increase in mining taxes across various minerals, including copper and coal, as part of a shift from fixed-rate royalties to a price-dependent structure. The proposal, outlined in a public consultation document released over the weekend, comes as the government seeks additional revenue to fund major...
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