In a striking display of resilience and strategic planning, PT Amman Mineral Internasional, one of Indonesia’s premier copper miners, has announced a bold target for 2024. The company is aiming for a production of 833,000 dry metric tons (dmt) of copper concentrate, marking an approximate 54% increase from its 2023 output levels. This ambitious goal comes after a challenging year...
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Western Copper and Gold Initiates Comprehensive Metallurgical Testing Program
Western Copper and Gold Corporation has officially launched a metallurgical testing program for its Casino Copper-Gold Project, signaling a significant step forward in the project’s development. The program, which leverages composite samples from the 2023 drilling efforts, is a collaborative effort involving Western, Rio Tinto Canada, and Mitsubishi Materials Corporation. Highlights of the Drill Program: In 2023, Western conducted a...
Nittetsu Mining and Anglo American Sign Memorandum of Understanding for Sustainable Collaboration
Nittetsu Mining has entered into a significant partnership with London-based multinational mining company Anglo American. The two entities have signed a memorandum of understanding aimed at fostering collaboration in commercial ESG (Environmental, Social, and Governance) and technical initiatives to enhance sustainability and transparency across the copper value chain. This collaboration builds on the long-standing relationship between Nittetsu and Anglo American,...
Nornickel Showcases Breakthroughs in Carbon-Free Energy Solutions in Beijing
At a recent major energy conference in China, Nornickel presented its latest advancements in carbon-free energy solutions, leveraging palladium’s unique properties. This presentation included innovations in hydrogen production and solar energy, underscoring Nornickel’s commitment to sustainable energy development. Following the event, Nornickel was welcomed into the China Hydrogen Alliance, reflecting its growing influence and commitment to zero-emission technologies. With the...
China Aluminum Group and Rio Tinto Group Explore Deeper Cooperation for Mutual Benefit
In a significant step towards bolstering bilateral cooperation, Duan Xiangdong, Chairman of China Aluminum Group (CHALCO), hosted a high-level meeting with Jakob Stausholm, Chief Executive Officer of Rio Tinto Group, at the CHALCO headquarters. The meeting, which also saw participation from Deputy General Managers of CHALIECO, Dong Jianxiong and Tian Yongzhong, along with key officials from Rio Tinto including Alf...
Bolivia’s YLB Confirms Production Milestone of 3,000 Tons of Lithium Carbonate
Yacimientos de Litio Bolivianos (YLB), under the leadership of Executive President Karla Calderón, has officially confirmed the production of 3,000 tons of lithium carbonate for this year from its Industrial Plant situated in the Salar de Uyuni’s southern Industrial Complex, Potosí department. This announcement not only underscores Bolivia’s burgeoning role in the lithium market but also sets the stage for...
China’s Copper Stockpiling Stirs Market and Political Concerns
The global copper market is facing a pivotal moment as China’s strategic stockpiling of the metal raises eyebrows across financial, industrial, and political spheres. Referred to as “Doctor Copper” due to its economic indicator status, the metal’s price has surged by nearly ten percent in the last six months, hinting at an optimistic economic outlook. However, the underlying cause, China’s...
Global Alumina Production Sees Significant Drop in February
In a recent report by the International Aluminium Institute, global alumina production witnessed a notable decline of 6.9% in February, dropping to 11.08 million tonnes from 11.90 million tonnes in January. Despite this monthly dip, the production still marks a 5.9% increase from the same period last year, where it stood at 10.46 million tonnes. The average daily global alumina...
EU Considers Ban on Russian Scrap Metal Imports Amid Ukraine Conflict
In a significant move, four European Union (EU) countries—Lithuania, the Czech Republic, Latvia, and Estonia—have proposed a ban on imports of waste and scrap ferrous metals, copper, and aluminium from Russia to the EU. This proposal, aimed at curtailing financial support for Russia’s military actions in Ukraine, was presented during the European Union Environment Council meeting on 25 March. Lithuania,...
Solus Advanced Materials to Spearhead EV Copper Foil Market Amid Industry Competition
Solus Advanced Materials, a key player in the electric vehicle (EV) battery component industry, announced its strategic move to dominate the EV copper foil market. This South Korean company is well-recognized among global automakers and battery manufacturers for supplying copper foil, a crucial material in battery production, to major clients including Tesla Inc. and LG Energy Solution, the world’s second-largest...