The currency required for the development plans of the National Iranian Copper Industry Company will be provided
Mining News Pro - The CEO of the National Iranian Copper Industries Company announced the supply of foreign currency needed for the development plans of this company with the aim of increasing exports to 4 billion dollars per year and said: This support is in the form of 6 currency packages with a total value of 5.6 billion euros in a period of 4 years by the bank.
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Visit: 74
Northvolt starts battery plant work in win for Europe’s industry
Northvolt AB is starting construction of a €5 billion ($5.4 billion) battery plant in northern Germany to supply electric cars, capping an intense lobbying effort under newly relaxed European Union state aid rules.
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Visit: 74
China’s younger steel industry slows net zero path, BHP CEO says
China’s steel industry is young compared to Europe’s, and its transition to net zero may be slower as it takes a different path to reach government-mandated decarbonization goals, according to BHP Group Ltd.’s chief executive officer Mike Henry.
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Visit: 55
Wyloo says industry will turn from LME without green nickel
Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn’t launch a green nickel contract, the industry will have to look for another trading venue.
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Visit: 61
Australia considers tax credit for minerals processing, says industry group
The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining industry association said on Wednesday.
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Visit: 62
Lithium players to gather in Arkansas as low prices pressure industry
Exxon Mobil, Albemarle and others eyeing ways to tap Arkansas’s vast lithium reserves will gather in Little Rock this week as the industry grapples with sagging prices for the battery metal that have spooked investors and fueled layoffs.
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Visit: 89
South African platinum industry could shed up to 7,000 jobs to cut costs
Restructuring of South Africa’s platinum group metals (PGM) industry in response to rising costs and falling prices could result in between 4,000 and 7,000 job cuts, the country’s Minerals Council said on Monday.
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Visit: 109
Khuzestan Steel is the pioneer in development of the Iran's steel industry
Mining News Pro - Chief executive of Khuzestan Steel Company says that the company is the narrator of the development and evolution of the industry and it was put into operation with a capacity of one million and 500,000 tons.
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Visit: 44
Mining industry sees a way to navigate narco crisis in Ecuador
Ecuador’s budding mining industry sees a way through the violent mayhem sweeping the country, with operating mines and development projects expected to carry on as planned after stepping up security measures.
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Visit: 81
China’s copper premium spikes on demand from renewables industry
Mining News Pro - China’s copper market is tightening with premiums over exchange prices spiking as better-than-expected demand from electric vehicles, solar panels and the power industry draws down inventories.
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Visit: 110
Investors with $11 trillion back plan to reform mining industry
Mining News Pro - Some of the world’s biggest investors are throwing their weight behind a plan to reform the mining industry so it can safely meet the growing demand for minerals and metals needed for the green transition.
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Visit: 151
Lithium heavyweight Chile woos Japan to develop local industry
Mining News Pro - Chile, home to the world’s largest lithium reserves, says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to the ingredient, in exchange for adding value to the raw material and transferring skills.
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Visit: 94
Big Oil, heavy industry discuss emission curbs ahead of COP28
Mining News Pro - Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month.
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Visit: 192
Malaysia to ban export of rare earths to boost domestic industry
Mining News Pro - Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation and loss of resources, Prime Minister Anwar Ibrahim said on Monday, making it the latest country to restrict shipments of key minerals.
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Visit: 171
AI’s potential role in the coal industry
Mining News Pro - In this thought-provoking interview, we delve into the intriguing realm of artificial intelligence and its potential to reshape the landscape of coal mining and utilization. Join us as we engage with an expert at the intersection of AI and energy to uncover the promises, challenges, and prospects of integrating cutting-edge technologies into a time-honored sector.
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Visit: 205
Hormozgan Steel Company is the leader of "production growth" in Iran’s steel industry
Mining News Pro - Since the beginning of this year, Hormozgan Steel has been the leader of the production growth in the country's steel industry by registering a 7.5% jump in the production of metal and 23% in DRI production.
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Visit: 243
The CEO of KSC: Iran’s steel industry is on the edge
Mining News Pro - Amin Ebrahimi said that the resilience of the country's steel industry has reached an alarming limit following the intensification of challenges such as the shortage and high cost of energy carriers.
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Visit: 325
Argentina’s Pan American Energy joins oil industry’s push into lithium
Mining News Pro - A top Argentine crude exporter plans to start exploring for lithium in the latest case of oil and gas producers joining the rush for the battery metal in a pivot away from fossil fuels.
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Visit: 237
Australia exports first copper to China since 2020, industry hopes end to ban near
Mining News Pro - Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume as diplomatic relations improve.
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Visit: 203
Mining industry associations respond to Federal Budget
Mining News Pro - The Minerals Council of Australia (MCA) and the Queensland Resources Council (QRC) have responded to the recently released Federal Government Budget, which saw critical minerals receive a boost.
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Visit: 159
CEO of KSC: Electricity restrictions is one of the most important challenges of steel industry
Mining News Pro - The fourth meeting of the strategic committee was held with the presence of CEO Amin Ebrahimi, deputy of operation and development, and a group of deputies and managers of Khuzestan Steel Company.
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Visit: 268
Tightest supply in 18 years boosts copper ahead of industry show
Mining News Pro - The copper industry isn’t letting tightening credit and slowing growth kill the buzz heading into one of its biggest annual gatherings.
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Visit: 128
Tightest supply in 18 years boosts copper ahead of industry show
Mining News Pro - The copper industry isn’t letting tightening credit and slowing growth kill the buzz heading into one of its biggest annual gatherings.
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Visit: 159
HOSCO can become the best company of steel industry in Iran
Mining News Pro - Business manager of Ministry of Industry, mine and trade says that Hormozgan Steel Company is one of the major steel industry companies and has the potential to become the best.
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Visit: 237
UK university, Bolivian government join forces to boost lithium industry
Mining News Pro - The University of Warwick and the Bolivian Government have joined forces to collaborate on lithium battery research with the goal of backing the South American country’s efforts to become a world leader in renewable energies and electric vehicles.
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Visit: 162