Aluminium Dunkerque, a French aluminium producer, has announced plans to sell a portion of its metal to Glencore, one of the world’s leading commodities traders. The deal marks an important step forward for the two companies in terms of their long-term relationship. Aluminium Dunkerque is one of the largest aluminium producers in Europe, with an…
South African energy company Seriti Resources has announced plans to build the largest wind farm in the country to power its coal mines. The project, which is expected to cost around R1.8 billion (US$120 million), will involve the construction of up to 200 turbines and is expected to generate up to 400 megawatts of electricity….
A downturn in some of the highly touted energy-transition metals is causing disruptions throughout the mining sector. This has led to project delays, thwarted deals, and a race for funding that is poised to impact the industry for years. Lithium, a crucial metal for electric-vehicle batteries, has experienced an over 80% drop from its late-2022…
Rio Tinto has awarded Civmec, an Australian engineering and construction firm, with a contract worth over $228 million (AUD) for work on the Western Range iron ore project in the Pilbara region of Western Australia. The contract covers the construction of process facilities, non-process infrastructure, and associated works. The Western Range project is part of…
Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) is expanding the resource at its Thacker Pass lithium project in Nevada, USA, and is awaiting a final permit decision from the state of Nevada. The company announced that it has completed a preliminary economic assessment (PEA) for the project, which shows that the Thacker Pass project has the potential…
Magnesium is the third most used metal, following iron and aluminium. Magnesium derives its name from magnesite, a magnesium carbonate mineral, and this stone in turn is told to owe its name to magnesite dumps found in Magnesia, a region in the antique Greek region of Thessaly. The British chemist Humphry Davy is said to…
British bank Barclays release its first precious metals vault on the border of London that provide to institutional investors, sovereign-wealth funds, central banks and commercial banks. The burial chamber, which houses gold, silver, platinum, palladium and rhodium and began working earlier this month, is one of Europe’s largest. Jonathan Spall, product manager for metals at…
Diverse Range of Minerals – Mining extracts a variety of minerals, including metals (gold, silver, copper), gemstones (diamonds, rubies), industrial minerals (limestone, gypsum), and energy resources (coal, uranium). Oldest Human Industry – Mining dates back over 40,000 years, with early humans extracting materials like flint and ochre for tools and pigments. Global Economic Impact –…
The Chinese consortium CBC, including battery giant CATL, and Bolivia, inked a deal on Wednesday, strengthening their collaboration in one of the world’s largest lithium reserves. As Bolivia aims to enhance its role in the battery production chain with China, President Luiz Arce mentioned that Bolivia could launch a new international tender this month. Arce…
US Rare Earth and its joint venture partner, Australia’s Lynas Corporation, have announced their plans to produce almost half of the critical minerals identified by the United States Geological Survey (USGS) in its recently released list of 35 critical minerals. The two companies plan to build a processing facility in Texas to manufacture a range…
