Nornickel’s Vice President for Ecology and Industrial Safety, Stanislav Seleznev, has announced the upcoming launch of the second industrial line of the Sulfur Program at the Nadezhda Metallurgical Plant in Norilsk by fall 2024. This initiative is part of Nornickel’s comprehensive strategy to significantly reduce sulfur dioxide emissions within its Polar Division. The first industrial line, operational since October, has...
Expert Base Metals
Shanghai Unison Aluminium Products Sets Up €35M Plant in Plovdiv, Bulgaria
Shanghai Unison Aluminium Products is making significant strides in Bulgaria with a €35 million investment to construct a plant for aluminium automotive components near Plovdiv. This move, part of the company’s international expansion strategy, aims to supply the growing automotive industry, particularly with extruded aluminium products. The facility, soon to break ground in the industrial zone near Radinovo, Maritsa municipality,...
Himadri Speciality Chemical Acquires 40% Stake in Lithium-Ion Materials Company
Himadri Speciality Chemical announced its acquisition of a 40% stake in Invati Creations, a Kolkata-based firm specializing in lithium-ion electrode materials. The deal, valued at Rs 45.16 crore (approximately USD 5.43 million), was finalized through a mix of cash and a share swap arrangement. This strategic move follows closely on the company’s announcement to establish India’s first commercial production facility...
Atlantic Copper Achieves 12% Sales Growth, Investing in Sustainability and Efficiency
Atlantic Copper has reported a successful financial year for 2023, with sales reaching €2,597 million, marking a 12% increase from the previous year. This growth comes despite the challenges of rising raw material costs, which amounted to €2,337 million, and operating expenses of €173 million. The Huelva-based company managed to overcome these obstacles, attributing its positive financial outcome to higher...
Rusal Responds to European Aluminium’s Sanctions Lobbying
Rusal, recognized as one of the leading aluminium producers globally, has issued a statement regarding recent actions by European Aluminium, as reported to Reuters. The company criticizes European Aluminium’s lobbying for sanctions against Rusal, seeing it as an attempt to exploit the geopolitical situation for competitive advantage, disregarding the broader implications for European consumers, economic stability, and environmental goals. European...
Alcoa Committee Urges Spanish Government Intervention to Save Factory
The works council of Alcoa’s San Cibrao plant is pressing the Spanish Government to take decisive action regarding the future of the industrial complex. José Antonio Zan, president of the works council, emphasized that the government possesses all necessary means to assume control of the facility, especially in light of Alcoa’s recent declaration of the plant’s lack of viability and...
Otumfuo Osei Tutu II Backs GIADEC and Mytilineos Partnership for Bauxite Development
The Asantehene, Otumfuo Osei Tutu II, has endorsed the partnership between the Ghana Integrated Aluminium Development Corporation (GIADEC) and Mytilineos for the development of the Nyinahin bauxite resources and the construction of a refinery, marking a significant move towards establishing an Integrated Aluminium Industry in Ghana. During a meeting at the Manhyia Palace in Kumasi, the Asantehene expressed his support...
OceanaGold Sees Significant Increase in Gold Production at Didipio Mine
OceanaGold has reported a notable 22.35% rise in gold production at its Didipio Gold-Copper Mine located in Nueva Vizcaya, according to the latest figures released by the Australian-Canadian mining company. Over the past year, the mine successfully produced 138,500 ounces of gold, a significant increase from the 113,200 ounces recorded in the previous year. Joan Adaci-Cattiling, Didipio Mine President and...
Job Cuts at Zimplats and Mimosa Mine Amid Challenging Platinum Market
In a challenging period for the platinum group metals (PGM) industry, Impala Platinum’s Zimbabwean unit, Zimplats, alongside Sibanye-Stillwater’s jointly owned Mimosa mine, are implementing workforce reductions in Zimbabwe. This development echoes a trend of retrenchments within the PGM sector in South Africa, prompted by a persistent downturn in platinum prices. Zimplats has introduced a voluntary retrenchment scheme for its employees,...
Hanrui Cobalt Confirms Production Operations Remain Unaffected
Nanjing Hanrui Cobalt, a leading cobalt producer in China, has dispelled market rumors about a production halt at its Jiangxi plant, affirming that operations continue as normal. Amidst speculation that an incident had disrupted production, Huang Yunyue, the company’s general counsel and operations manager, clarified to Reuters that Hanrui maintains a steady monthly output of 480 to 500 metric tons...