11% jump in ESCO’s beam production
Mining News Pro - Esfahan Steel Company produced 299,706 tons of iron beams in the first 3 months of this year, which indicates an 11% growth compared to the same period last year.
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Visit: 26
ESCO is the driving force behind the development of rail transportation in big cities
Mining News Pro - CEO of Esfahan Steel Company, presented a report on the company's recent activities and achievements in a press conference with media members on the first day of the 17th specialized Mashhad mining and metallurgy exhibition.
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Visit: 37
Lithium world asks if surprise mine shutdown can arrest slump
An unexpected shutdown at one of China’s biggest lithium mines has left the industry scrambling to judge if the move will be enough to end the battery material’s prolonged price slump.
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Visit: 56
Vedanta plans to expand nickel sulphate production to tap overseas demand
Indian metals-to-oil conglomerate Vedanta plans to step up nickel and nickel sulphate production and tap rising demand for EV battery materials in countries in northeast Asia, the company said on Thursday.
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Visit: 50
Boliden flags delay, cost increase at Norway zinc smelter
Swedish miner Boliden said on Thursday the expansion of its Odda zinc smelter in Norway will take longer than expected due to a delay in construction work and that the cost will increase by 100 million euros ($110.16 million).
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Visit: 45
China to agree on concession for Mao-era Africa railway by year-end
A Chinese state-owned company will finalize an agreement to take over the concession of a railway that links Zambia’s copper mines to a Tanzanian port by the end of 2024, according to the agency in charge of the line
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Visit: 55
SLB launches lithium filtration system after Nevada tests
SLB on Tuesday said it will commercially launch its version of a direct lithium extraction (DLE) system after years of tests in a Nevada desert and could be producing the electric vehicle battery metal for clients by 2027.
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Visit: 51
Rio Tinto partners with Utah State University
Rio Tinto Kennecott has announced a $450,000 partnership with Utah State University’s Janet Quinney Lawson Institute for Land, Water, and Air.
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Visit: 90
Epiroc drills to join Pilbara Minerals’ fleet
Pilbara Minerals has ordered several surface drill rigs from Epiroc for its Pilgangoora lithium operation in Western Australia.
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Visit: 57
Innovative technology to shine at WA Mining
The latest technology will be delivered to the heart of Australia’s resources sector, with this year’s WA Mining Conference and Exhibition (WA Mining) combining digital innovation with operational excellence.
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Visit: 53
Cyprium increasing ‘speed to first ore’
Cyprium Metals has boosted the economics of its Nifty copper complex following an updated geotechnical study conducted by its technical partner, MEC Mining.
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Visit: 44
Australia should address miners’ concerns, industry group says
Australia should resolve issues related to the environment approval process, said Tania Constable, chief executive of the country’s minerals council, highlighting the industry’s concerns that the development of new mines will become increasingly challenging.
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Visit: 72
Core Lithium takes a bite of Charger
Core Lithium has changed tack after its initial bid for Charger Metals was rejected, and will now acquire a portion of the company through a deal with Charger’s joint venture partner.
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Visit: 49
China sets up Beijing-backed lithium group to tap salt lakes
China Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material from salt lakes in the far west of the country.
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Visit: 58
8 billion dollars of steel chain export fir Iran
Mining News Pro - The 16th Isfahan Metallurgy, Steel, Foundry, Machinery and Related Industries Exhibition (Metalex2024) was held in Isfahan.
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Visit: 90
Arcadium to put Mt Cattlin on hold
Arcadium Lithium will transition its Mt Cattlin mine in Western Australia into care and maintenance following the recent softening of lithium prices.
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Visit: 58
Chinese lithium producers embrace hedging to manage volatility
Chinese lithium processors are ratcheting up hedging to offset wild swings in the battery metal, a sign that local futures launched around a year ago are gaining traction.
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Visit: 67
Copper processing charges could fall further next year, says Cochilco
A global mined copper shortage will continue into 2025, putting pressure on processing charges that were already at historic lows this year due to the expansion of smelters, said Chile’s state-run copper commission Cochilco in a study on Thursday.
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Visit: 68
Indonesia sees nickel price holding near current levels on new plants
Indonesia’s government sees nickel prices stabilizing near current levels in the future, as new plants in the world’s biggest producer offset rising demand and keep the market well supplied.
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Visit: 50
Harmony targets first copper from Australia mine by 2028
South Africa’s Harmony Gold expects to start producing copper from its Australian mining project by 2028, the company said on Thursday, as it diversifies into the key decarbonization metal.
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Visit: 48
Piedmont Lithium pulls US government loan application as prices slump
Piedmont Lithium has pulled its application for a debt package from a popular US government loan program and is scaling back ambitious expansion plans across two continents, as tumbling prices of the electric vehicle battery metal force the US miner to conserve cash.
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Visit: 38
Chile’s top court rejects Tianqi appeal to halt SQM-Codelco deal
Chile’s Supreme Court rejected Chinese firm Tianqi’s appeal to halt a lithium deal between SQM and state-run Codelco, local newspaper La Tercera reported on Wednesday.
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Visit: 37
Carlyle’s Currie sees copper price capped at $9,500 on China demand
Copper is likely to trade in a tight range of $8,500 to $9,500 a metric ton until policy support in top consumer China starts to create some demand strength, according to veteran commodities analyst Jeff Currie.
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Visit: 46
US Steel warns Nippon deal failure would put thousands of jobs at risk
US Steel warned on Wednesday that a failure to merge with Nippon Steel would put thousands of US union jobs at risk and signaled that it would close some steel mills and potentially move its headquarters out of politically important Pennsylvania.
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Visit: 58
Goldman temporarily suspends zinc coverage
Goldman Sachs has suspended covering zinc markets “for the moment”, citing “restricted capacity” following the departure of the sector lead earlier this year.
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Visit: 40