Nigeria is set to commission two large lithium processing plants this year, marking a major step away from exporting raw minerals and toward building value within the country. Mining Minister Dele Alake announced that a $600 million lithium processing facility near the Kaduna-Niger border will be commissioned this quarter, while a $200 million refinery near...
READ MOREGlencore increased its zinc metal production by 8% year-on-year in the first quarter of 2024, reaching 227,700 tonnes. The Anglo-Swiss commodities group attributed the rise to the restart of its Nordenham smelter in Germany, which had been offline since late 2022, and solid output from its Spanish subsidiary, Asturiana de Zinc. The company, led by...
READ MOREIndonesia plans to more than double its cobalt production capacity to 114,630 metric tonnes per year by 2027, up from 55,630 tonnes in 2024, according to Septian Hario Seto, executive secretary of the country’s National Economic Council. Speaking at the Cobalt Congress 2025 in Singapore, Seto said the country has no intention of controlling global...
READ MOREIndia’s robust infrastructure expansion and steady automobile demand continue to drive strong domestic zinc consumption despite global uncertainties, according to Arun Misra, CEO of Hindustan Zinc. For the March quarter of 2025, Hindustan Zinc recorded revenues of INR 9,000 crore (approximately USD 1.08 billion), a 20% year-on-year increase. Earnings rose significantly by 47% to INR...
READ MOREGlencore has reaffirmed its full-year 2025 production guidance despite reporting lower copper output in the first quarter. Copper production fell by 30% year-over-year to 167,900 tonnes, largely due to lower mining rates and ore grades at its Collahuasi and Antapaccay operations, along with a feedstock transition at KCC. CEO Gary Nagle said copper production would...
READ MOREVulcan Energy Resources reported further progress on its Phase One Lionheart Project in Germany during the quarter ending 31 March 2025, including the production of Europe’s first fully integrated, battery-quality lithium hydroxide monohydrate (LHM). The company also achieved several permitting and commercial milestones as it moves toward full construction. During the quarter, Vulcan’s Central Lithium...
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