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Industry News

October 3, 2023#Lithium #Precious metals

Italian Government Awaits Glencore’s Business Plan for Portovesme Lithium Project

by Industry News

The Italian government is poised to expedite the licensing process for lithium battery production at Glencore’s Portovesme site in Sardinia. However, before any action can be taken, the government requires a detailed business plan from the Swiss company. This statement was issued by Adolfo Urso, the Minister of Enterprise and Made in Italy. Earlier this year, Glencore, in collaboration with...

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October 3, 2023#Base Metals #News

Uranium-Gold Exploration in Canada: Panther Metals Backs Fulcrum’s Project Expansion

by Industry News

Panther Metals has voiced its support for Fulcrum’s recent expansion of the Charlot-Neely uranium-gold project in northern Saskatchewan, Canada. With the staking of three new claim blocks, Fulcrum has added a significant 4,856 hectares to the project’s area. Panther’s connection to this venture is evident; the company currently holds a 19.99% interest in Fulcrum. Beyond this stake, Panther also possesses...

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October 3, 2023#News

Ukraine: Former Metallurgy Giant in Konstantinivka Declared Bankrupt

by Industry News

Court Decision: In August, the economic court of Donetsk region recognized “Ukrtsink” from Kostyantynivka as bankrupt, as noted in the court register. Historical Background: The enterprise, which was once a significant player in non-ferrous metallurgy, ceased operations in 2002. From its assets, new entities like “SP Lead” and “Zinc” emerged. “Ukrzinc” was established in Konstantinovka in 1930 to manufacture zinc....

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October 2, 2023#News #Nornickel

Nornickel Initiates Mining at Record Depth

by Industry News

Connecting New Depths: Nornickel has started mining operations at the Glubokaya mine within Skalisty, reaching an unprecedented depth of nearly 2 km. Glubokaya, it should be noted, translates as “Deep” from Russian. The achievement comes after successfully linking two independent vertical shafts: a ventilation shaft and a skip-cage shaft at -1943 meters, a first in Eurasian mining history. Significant Ore...

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October 2, 2023#Base Metals #Palladium

Southern Palladium Advances Bengwenyama Project with Mining Right Application

by Industry News

Southern Palladium has taken a significant step forward with its Bengwenyama Platinum-Group Metal project by submitting a Mining Right Application (MRA) to South Africa’s Department of Mineral Resource and Energy (DMRE). Located on the Eastern Limb of the Bushveld Complex, the project is 70% owned by Southern Palladium. This application marks the transition of the company from a pure exploration...

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September 29, 2023#Europe #News

Belgium Eyes a Stronger Position in Rare Earth Recycling

by Industry News

Brussels: Energy Minister Tinne Van der Straeten has expressed an ambition for Belgium to carve out a niche in the global recycling of rare earth metals. These metals, integral to various technologies, have extraction processes that raise environmental concerns. The Role of Rare Earths: Rare earth elements, including metals like cobalt and lithium, are essential components in a range of...

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September 29, 2023#Base Metals #Nickel

Nickel: The “Devil’s Metal” Rising in the Green Age

by Industry News

Nickel might remind you of a shiny five-cent coin, but there’s more to it than meets the eye. With the increasing demand from low-carbon technologies, this metal is dancing with the devil, both in its uses and its volatile price. Nickel’s Resume: Mostly found giving stainless steel its oomph (about 70% of world demand), nickel’s now stealing the limelight in...

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September 27, 2023#Analytics #News

Guinea’s Political Landscape Amid Rich Mineral Reserves and International Interests

by Industry News

International Relations Amid Domestic Unrest Guinea, under the rule of Colonel Mamadi Doumbouya and his junta, is in the midst of intense international and domestic scrutiny. The junta, which seized power in 2021, has strategically maintained relations with global powers while simultaneously dealing with internal opposition with an iron hand. Chinese Investment and Economic Interests China’s deepening economic ties in...

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September 26, 2023#Base Metals #Copper #Precious metals

C3 Metals Gains Ground with a 74% Expansion in Peru’s Jasperoide Copper-Gold Project Drill Area

by Industry News

A Major Leap in Exploration Efforts: C3 Metals Inc., based in Toronto, has revealed a notable expansion in its authorized drilling region at the Jasperoide Copper-Gold Project in Peru. With the recent “Authorization to Start Activities” from the Peruvian Ministry of Energy and Mines, the company has achieved a 74% increase in its drilling exploration area. Details of the Drill...

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September 23, 2023#Battery

Lohum Enters Nepal to Supply EV Battery Materials and Drive Energy Sustainability

by Industry News

Lithium-ion battery recycling company Lohum has unveiled its expansion into Nepal, with ambitious plans to deliver 25,000 metric tons of electric vehicle (EV) battery materials to various partners associated with leading automobile brands in the country. This strategic partnership aims to bolster Nepal’s energy self-sufficiency by regenerating critical transition materials through battery recycling, contributing to a sustainable energy future. The...

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