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…
In recent years, concerns over the ethical and environmental impact of mining have grown, prompting a global push for responsible and sustainable practices within the industry. The issue of “blood metals,” which are minerals extracted from conflict zones or areas with poor labor practices, has particularly gained attention. In response to this mounting awareness, Avalon…
In a significant development for the global lithium industry, Tianqi Lithium Australia, a subsidiary of Tianqi Lithium Corporation, has achieved a milestone by producing Australia’s first battery-grade lithium hydroxide. This breakthrough marks a crucial step forward in the production of high-quality lithium compounds needed for the booming electric vehicle (EV) and renewable energy sectors. The…
In a significant development for the mining industry, the Responsible Copper Mining Framework, which has gained traction in recent years, is being extended to encompass the extraction of nickel, zinc, and molybdenum. This expansion marks a critical step forward in promoting responsible and sustainable practices within the resource extraction sector, addressing environmental, social, and economic…
Platinum: Platinum is a material which is very rare and the cost of gold is double than gold. In igneous rocks platinum is formed and these rocks also have iron and magnesium. Along with other materials like copper and gold, Platinum is also found in thin layers. Using surface and underground Platinum is mined. Due…
The continued reliance on coal as an energy source has raised concerns about its environmental impact and contribution to climate change. While the detrimental effects of coal on air pollution and greenhouse gas emissions are well-documented, recent studies suggest that increased coal use could also lead to droughts in Asia. This article delves into the…
Sibanye Stillwater Ltd. experienced a significant downturn last year, reporting a $2 billion loss due to an impairment charge against its US palladium mine. This marked a sharp contrast from the previous year when the miner posted a $1.1 billion profit. The company’s shares dropped as much as 7.4% in Johannesburg trading following the announcement….
The mining industry, with a history as ancient as time itself, relies on a diverse array of components and essential participants to achieve success. Juniper Systems’ robust data collection tools emerge as the contemporary solution for the modern mining process. The most recent advancements in mobile technology bring significant enhancements to various facets of mining…
The future of the global mining industry is closely connected to the future of the global mining workforce. As the world enters an era of major technological advances, the global mining workforce is increasingly being shaped by the impact of automation, digitalization, and the rise of robotics. Automation is rapidly replacing manual labor in the…
The OPEC-Russia oil deal, announced on December 10, 2016, has renewed the threat posed by Canadian oil sands to the global oil market. The deal, which was brokered between the Organization of the Petroleum Exporting Countries (OPEC) and Russia, calls for both countries to cut their oil production by 1.2 million barrels per day (bpd)…