Hydro says Russian metal threatens LME benchmark, Rusal hits back
Mining News Pro - The London Metal Exchange should reconsider a decision not to ban Russian aluminum from its warehouse network as large volumes are jeopardizing the benchmark status of its contract, producer Norsk Hydro said in a letter this week.
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Visit: 80
Extraction of 42 million and 95 thousand tons of minerals by Nicico
Mining News Pro - Employees of the National Copper Company managed to set a record of extracting 42 million and 95 thousand tons of minerals in the first two months of this year. Also, in Sarchesheme copper mine, a record of 21 million and 415 thousand tons of extraction was recorded in the period of two months.
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Visit: 62
Mobarakeh Steel producing more than 20 thousand tons of hot coil a day
Mining News Pro - In the hot rolling section, at the beginning of the year, Mobarakeh Steel Company managed to set a new record with the production of 20 thousand 486 tons of hot coils in one day.
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Visit: 77
175 thousand tons of alumina powder was produced in Iran Alumina Company
Mining News Pro - CEO of Iran Alumina Company located in Jajarm city said: 175 thousand tons of alumina powder was produced in this industrial complex in the 9 months of this year, which is equal to the same period last year.
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Visit: 67
Rusal eyes rising demand for low-carbon aluminum in China
Mining News Pro - Russian aluminum giant Rusal is looking to supply more low-carbon aluminum to China amid friendly ties and rising demand for the metal from the country’s electric vehicle firms, a Rusal manager said on Friday.
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Visit: 160
Russia’s Rusal: 2023 sales pick up after LME decision
Mining News Pro - Rusal’s sales had already exceeded 76% of its primary aluminum and value-added production for 2023, the company said, confirming an earlier source-based report by Reuters.
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Visit: 428
En+ says Rusal remains in full compliance with US regulations
Mining News Pro - The chairman of EN+, which owns a 57% stake in aluminum producer Rusal, dismissed media reports that Washington is weighing restricting imports of Russian metal, saying Rusal remained in full compliance with US regulations.
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Visit: 443
Yunnan asks aluminum producers to cut power usage
Mining News Pro - China’s southwestern province of Yunnan has ordered producers of electrolytic aluminum to reduce their power usage this week, the companies told Reuters on Tuesday.
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Visit: 459
Iran Alumina Company import 200 thousand tons of bauxite from Turkey annually
Mining News Pro - The CEO of Iran Alumina, located in Jajarm, North Khorasan province, said that 200,000 tons of bauxite is imported from Turkey every year as the raw material needed for this complex.
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Visit: 395
Fifty-thousand-year-old diamonds may be used to design ultra-hard yet malleable electronics
Mining News Pro - An international team of scientists discovered that diamonds formed during a high-energy shock wave from an asteroid collision around 50,000 years ago have unique and exceptional properties, caused by short-term high temperatures and extreme pressure.
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Visit: 644
Iran Alumina plans for a 350 thousand tons of aluminum export
Mining News Pro - The CEO of Iran Alumina Company announced plans to export 350,000 tons of aluminum ingots this year.
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Visit: 709
Global autonomous mining truck population tops thousand mark, to reach 1,800 by 2025
Mining News Pro - The number of autonomous haul trucks in operation globally reached 1,068 by May 2022, representing an annual increase of 39%, according to figures tallied by GlobalData. The UK-based data analytics firm also expects this total to exceed 1,800 (a 70% increase on current levels) by the end of 2025.
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Visit: 372
Australia begins long road to retraining thousands of coal workers for clean energy roles
Mining News Pro - The sudden speed of the shift to clean power is forcing Australia, a global champion of coal and gas, to confront one of the energy industry’s biggest challenges — how to transition millions of fossil fuel workers to new roles in wind and solar.
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Visit: 313
Rio takes full control of Rusal alumina partnership in Australia
Mining News Pro - Rio Tinto Group has taken full control of an alumina refinery it owns with United Co. Rusal International PJSC in Australia, formally removing access to a key source of raw material for the Russian aluminum giant.
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Visit: 609
Signet shocks diamond trade with refusal to buy Russian gems
Mining News Pro - Signet Jewelers Ltd., the owner of Kay Jewelers and Zales, sent shockwaves through the global diamond trade on Wednesday, telling suppliers it would no longer buy stones mined in Russia, the world’s biggest source of gems.
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Visit: 369
Barrick’s Tanzania gold mine hit by new police abuse accusations
Mining News Pro - A corporate watchdog is alleging that local police are killing and assaulting villagers around a Tanzanian mine owned by Barrick Gold Corp. The Canadian miner denies that it is responsible for police conduct.
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Visit: 449
Rusal halts alumina shipments from Ukraine
Mining News Pro - Russian aluminium producer Rusal the world’s top manufacturer of the metal outside China, has halted alumina shipments from its 1.75-Mtpa Nikolaev refinery, nearby the port of Mykolaiv in Ukraine, heightening disruptions to the alumina and aluminium market, consultancy firm Wood Mackenzie said on Monday in a research note.
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Visit: 675
Aluminum shortages to deter blanket sanctions on Rusal
Mining News Pro - The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, propel prices to new records and damage manufacturing, analysts say.
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Visit: 467
USA Rare Earth to produce nearly half of critical minerals in USGS’ updated list
Mining News Pro - USA Rare Earth announced that it expects to produce nearly half of the critical minerals listed in the US Geological Survey’s revised list of raw materials deemed crucial for national security and the economy.
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Visit: 509
Thousands protest against Rio Tinto’s lithium project in Serbia
Mining News Pro - Thousands of people in Belgrade and other Serbian towns blocked main roads and bridges over the weekend for hours in anti-government protests, targeting two new laws that environmentalists say will let foreign companies take advantage of local resources.
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Visit: 472
Production of 6 million 306 thousand 965 tons of concentrate in the first half of the year
Mining News Pro - Chardormalu Mining and Industrial Co. produced 6 million 306 thousand 965 tons of concentrate in H1.
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Visit: 679
Regulators in Hong Kong examine Rusal demerger plan
Mining News Pro - Hong Kong’s stock market regulators are examining plans by Russian aluminium producer Rusal to spin off its high-carbon smelters and refineries into a separate company that will be listed in Moscow, the Financial Times reported on Sunday.
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Visit: 821
Mobarakeh Steel Co. supply nearly 200 thousand tons of hot rolled coil in commodity exchange
Mining News Pro - Iran’s Industrial and Mining Commodity Exchange Market will be supplied by 199,980 tons of hot rolled coil by Mobarakeh Steel Company in August 30, 2021.
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Visit: 970
Medusa lowers output guidance at Co-O
Mining News Pro - Medusa Mining has set a production target of between 90 000 oz and 95 000 oz for the 2022 financial year, with all-in sustaining costs (AISC) targeted at between $1 250/oz and $1 300/oz.
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Visit: 372
Deep-South takes Namibia’s mining minister to court over licence refusal
Mining News Pro - Canada’s Deep-South Resources (TSX-V: DSM) is taking the Namibian Ministry of Mines and Energy to court as it refused in June refused to renew the company’s prospecting licence for its Haib copper project.
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Visit: 411