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.

European companies exploring ways to boost rare metal supply

Mining News Pro - European companies are exploring ways to replace the gallium and germanium supply put at risk by China’s export curbs after pressure from EU authorities, but the industry says incentives will be needed to make critical mineral production viable.

UK risks losing out to Europe in hydrogen energy race

Mining News Pro - In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030. Two years later, delivery is falling short and it’s dropped behind European rivals jostling for a piece of the market.

European insurers are underwriting 30% of US coal, study says

Mining News Pro - Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group Insure Our Future.

Europe lines up African minerals pacts to ease reliance on China

Mining News Pro - The European Union is finalizing partnerships with the Democratic Republic of Congo and Zambia to boost local industries as the bloc competes with China to secure critical materials for the green and digital sectors.

Investors glimpse opportunity in Europe’s unloved mining shares

Mining News Pro - Investors are finally seeing potential in European mining shares, as China’s step-by-step economic stimulus is steadily laying the foundations for a recovery of the unloved sector.

Europe’s mining quest faces a hurdle

Mining News Pro - In Portugal’s northern Barroso region, Maria Loureiro weeps at the prospect of losing her family’s land to a mine that could become one of Europe’s biggest producers of lithium, used in electric vehicle batteries and other clean technologies.

Europe’s top copper producer Aurubis hit by huge metals scam

Mining News Pro - Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive scam involving shipments of scrap metal that it uses in its recycling business.

Europe’s unwanted coal heads to China and India as heat builds

Mining News Pro - Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer.

Li-Cycle mark European expansion with landmark venture

Mining News Pro - Glencore and Li-Cycle Holdings group, two of the world’s leading recyclers, have partnered up to deliver a landmark European project.

How a Soviet nuclear site could be key to Europe’s EV market

Mining News Pro - On the edge of Sillamae, a town of just over 12,000 people in northeast Estonia, sits a grassy hill with a secret.

EU urges European banks to step up funding for critical minerals

Mining News Pro - European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers of minerals needed for the energy transition, as the European Union prepares its Green Deal industrial plan.

Molybdenum price in Europe hits record high

Mining News Pro - The copper market took a breather on Wednesday after eight straight days of gains, but not before touching a fresh six month high of $4.39 a pound ($9,680 a tonne) in early trade, bringing its gains YTD to 12%.

Europe’s largest rare earths deposit found in Sweden

Mining News Pro - Swedish state-owned mining company LKAB said it had found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town.

Europe needs to invest over €300 billion in the next two years to reach climate goals

Mining News Pro - Europe needs to invest €302 billion annually to build relevant infrastructure over the next two years if it wants to reach its goals of becoming climate neutral by 2050 and reducing greenhouse gas emissions to net zero, a new study has shown.

Lithium explorer Wealth Minerals targets European investors

Mining News Pro - Wealth Minerals Ltd. is betting that its plan to use a more sustainable lithium mining method will lure European buyers of the mineral used in electric vehicle batteries and solar panels.

ِDecarbonization Story

Is decarbonization Europe's impossible dream?

Mining News Pro - Swedish steel is considered the world’s toughest. It may soon become its greenest. In Boden, a town near the Arctic Circle, a startup called h2 Green Steel (h2gs) is erecting a €4bn ($4bn) new mill, Europe’s first in nearly half a century.

European consortium gets €12.3m to develop mine management system

Mining News Pro - The ultimate goal behind the new system is to reduce Europe’s dependence on imported minerals and metals used to produce everything from mobile phones, to renewable energy, and modern defence equipment.

Russian aluminum dilemma for Europe’s buyers

Mining News Pro - Europe’s power crisis, production cuts, and shortages of aluminum have left consumers in a quandary about Russian supplies of the metal vital for the region’s transport, construction and packaging industries.

Metal plants feeding Europe’s factories face an existential crisis

Mining News Pro - In the aluminum industry, closing a smelter is an agonizing decision. Once power is cut and the production “pots” settle back to room temperature, it can take many months and tens of millions of dollars to bring them back online.

Europe crisis shows coal’s value, South Africa minister says

Mining News Pro - South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of rolling blackouts, pointing to Europe’s pivot back to the use of fossil fuels as evidence of the constraints of using green energy.

Tiny pure-gold pin is ‘pulsing heart’ of European space mission

Mining News Pro - A pure-gold pin not much bigger than the tip of a pencil is the ‘pulsing heart’ of the European Space Agency’s Low Earth Orbit Facility, LEOX.

Gold price recovers as European Central Bank raises rates higher than expected

Mining News Pro - Gold prices regained ground after falling to the lowest level in 15 months as the European Central Bank took some investors by surprise and raised rates by 50 basis points on Thursday.

Europe’s power crunch cuts zinc and aluminum capacity in half

Mining News Pro - Europe has lost about half of its zinc and aluminum smelting capacity within the past year, and a further surge in power prices could knock more plants offline over winter, the region’s biggest metal producers warned.

Europe snaps up coal from abroad to fill gap left by Russia

Mining News Pro - A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles.

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