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Mining

  • Elementos and Atlantic Copper to Test Smelting Potential for Spanish Tin Project

    BY John Davis
    Elementos has entered into an industrial testwork partnership with Atlantic Copper to explore the potential for processing tin concentrate from the Oropesa Tin Project in southern Spain. The collaboration will focus on evaluating the technical and economic feasibility of smelting lower-grade tin ore into refined tin products at Atlantic’s CirCular Plant, located 245 kilometers from...
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  • Russia to Launch Lithium Production by 2030, Aiming for 60,000 Tonnes Annually

    BY John Davis
    Russia plans to begin industrial lithium production by 2030, targeting an output of at least 60,000 metric tons of lithium carbonate annually as part of its strategy to reduce reliance on imports and expand domestic battery production, according to the Ministry of Natural Resources and Environment. The move aligns with directives from President Vladimir Putin,...
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  • Philippines Seeks to Supply India with Nickel to Reduce Reliance on China

    BY John Davis
    The Philippines has invited India to source nickel for battery production, aiming to diversify its export markets and reduce dependence on China, which currently accounts for 98% of its nickel exports. Foreign Minister Enrique Manalo emphasized the need for stronger trade partnerships, highlighting the opportunity for greater economic collaboration between Manila and New Delhi. Speaking...
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  • Zijin Mining Accelerates Global Expansion with Focus on Copper, Gold, and Lithium

    BY Lara Browne
    Zijin Mining is ramping up its global expansion with plans to significantly increase copper, gold, and lithium production over the next five years. The China-based company, with a market capitalization of approximately $60 billion, aims to produce 1.5 million tons of copper and 3.2 million ounces of gold annually by 2028. At the 2025 Prospectors...
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  • Vale Base Metals Targets Doubling Copper Production by 2035

    BY Lara Browne
    Vale Base Metals, a privately held entity spun out from Brazilian mining giant Vale S.A., is aiming to double its copper production to approximately 700,000 tons per year by 2035, according to CEO Shaun Usmar. Speaking at the 2025 BMO Global Metals, Mining & Critical Minerals Conference, Usmar emphasized the company’s strategic focus on battery...
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  • Electra Battery Materials Seeks Funding to Complete North America’s Only Cobalt Refinery

    BY Lara Browne
    Electra Battery Materials, poised to become the only cobalt sulfate refinery in North America, is navigating financial hurdles as it works to complete its Temiskaming Shores facility in Northern Ontario. Construction at the site stalled in 2023 due to funding shortages, but the company remains optimistic about securing the remaining capital needed to resume operations....
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  • Boliden Proposes Victoire de Margerie for Board of Directors

    BY Lara Browne
    Mining company Boliden’s Nomination Committee has proposed Victoire de Margerie as a new member of the Board of Directors. The proposal will be presented at the company’s Annual General Meeting on April 23. Alongside de Margerie’s nomination, all current board members have been proposed for re-election, with Karl-Henrik Sundström recommended to continue as Chairman of...
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  • Bolivia Faces Public Backlash Over Lithium Contracts with China and Russia

    BY Lara Browne
    Bolivia is facing growing public opposition to contracts signed with Chinese and Russian firms to exploit its vast lithium reserves, with local communities arguing the deals provide little benefit to the country. The controversy has led the Bolivian Chamber of Deputies to suspend parliamentary discussions on the agreements, pending further consultations with civil society groups....
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  • Boliden Completes Major Expansion at Odda Zinc Smelter

    BY John Davis
    Boliden has completed a significant expansion at its Odda zinc smelter in Norway, nearly doubling production capacity in what is one of the largest industrial investments on Norway’s mainland. The upgraded facility now has the capacity to produce 350,000 tonnes of zinc annually, up from 200,000 tonnes. The investment includes new infrastructure for logistics and...
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  • Teck Resources Invests $40 Million in Bunker Hill Mining to Bolster North American Zinc Supply

    BY Sophia Schmitz
    Teck Resources Limited announced a $40 million USD equity investment in Bunker Hill Mining Corp. on March 6, aiming to reinforce the North American critical minerals supply chain. The investment will secure a reliable source of high-quality, cost-competitive zinc and lead concentrate from Idaho’s Silver Valley for Teck’s Trail operations in British Columbia. The funding...
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  • Acid Spill at Chinese-Owned Mine in Zambia Causes Widespread Contamination

    BY John Davis
    Authorities and environmental groups in Zambia are assessing the long-term impact of an acid spill from a Chinese-owned copper mine that has polluted a major river and threatens millions of people. Contamination has been detected at least 100 kilometers downstream from the site of the spill, raising concerns about water safety and ecosystem damage. The...
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  • Glencore to Cut Costs at Canadian Copper and Zinc Plants Amid Global Review

    BY Lara Browne
    Glencore PLC is set to further reduce costs at its copper and zinc plants in Canada as part of a broader review of its global smelting operations, prompted by declining processing margins. According to an internal memo cited by Bloomberg News on March 14, the company is restructuring its operations to improve efficiency. As part...
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  • Indonesia’s Mining Royalty Hike Sparks Industry Concerns

    BY Lars Jensen
    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...
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  • Indonesia Grants Freeport Six-Month Copper Export Permit Amid Smelter Repairs

    BY John Davis
    Indonesia will issue Freeport Indonesia a six-month permit to export copper concentrate while its smelter undergoes repairs, ensuring continued government royalty payments, Energy Minister Bahlil Lahadalia announced on Monday. Freeport has been seeking an export permit after a fire in October 2024 damaged its new smelter in Gresik, East Java province, forcing a halt in...
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  • Atlas Lithium’s Modular Processing Plant Arrives in Brazil, Advancing Lithium Production

    BY Lars Jensen
    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...
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  • U.S. Copper Mine Production Falls 12% Year-Over-Year in November 2024

    BY Sophia Schmitz
    According 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,...
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  • Peru Aims to Boost Copper Production to Four Million Tons Annually

    BY Lars Jensen
    Peru’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...
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  • Metso Launches Sustainable Copper Sulfide Leaching Process with High Recovery Rates

    BY John Davis
    Metso 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...
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  • Germany’s Lithium Reserves Could Meet Domestic Demand for Decades

    BY Lara Browne
    Germany’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...
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  • MMG Halts Cobalt Processing in DRC Amid Market Downturn

    BY Lara Browne
    Chinese 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...
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  • Global Copper Market to Face Deficit in 2025, Aluminium and Zinc Trends Shift

    BY Lara Browne
    Following 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...
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  • BHP Invests in Cobre’s Copper Exploration in Botswana

    BY Lars Jensen
    Mining 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...
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  • Vale Overseas Announces Total Consideration for Notes Purchase Offers

    BY Sophia Schmitz
    Vale 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...
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  • Lithium Americas Secures $250 Million Investment from Orion for Thacker Pass Project

    BY Sophia Schmitz
    Lithium 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,...
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