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  • Chinese firms develop rare earth-based battery 29 July 2016

    A number of new products have recently been launched in China utilising rare earth products including a rare earth Li-ion battery and a rare earth-based magnetic refrigerator as companies in various sectors research innovative improvements on existing solutions. Read More

  • Solvay Q2 income up despite lower prices 29 July 2016

    Brussels-headquartered chemical and advance materials producer Solvay saw earnings increase despite a drop in total sales as the company reduced fixed costs and grew operating profit. It anticipates 2016 EBITDA growth as diversified markets will offset any declines in oil and gas. Read More

  • Carbo reports Q2 loss; expects better H2 for ceramic proppants 29 July 2016

    Like other companies catering to the oil and gas sector, Carbo Ceramics reported a net loss for the quarter as prices and volumes for proppants fell. However, the company anticipates increased sales of its ceramic proppants in the second half of the year. Read More

  • Oil and gas outlook: Sinking deeper 29 July 2016

    Some oil and gas industry participants have pointed to the recent uptick in oil prices and rig count as signs of a recovery, however, DW has predicted a turnaround is unlikely before 2018. Read More

  • Baker Hughes loss deepens in Q2 28 July 2016

    The company reported a net loss as a fall in revenue both y-o-y and sequentially as market conditions in oil and gas are expected to either remain the same or decline further in the second half of 2016. Read More

  • Sony to sell battery business to Murata 28 July 2016

    The Japanese firm, which first commercialised the lithium-ion battery, is now set to offload the loss-making division to Murtata Manufacturing. Read More

  • Lithium carbonate, hydroxide spot prices steady 28 July 2016

    The decline in Chinese spot prices appears to have stalled this past week following several weeks of declines. Prices remain at historically high levels though with market participants continuing to report strong supply-demand fundamentals. Read More

  • FMC lithium supply deal grabs market attention 27 July 2016

    The lithium producer’s offtake deal with a “major” EV producer has been well received by the market but it has also prompted various theories by observers as to who the unnamed manufacturer might be. Read More

  • Chinese lithium producer Rui Fuliye bought by local conglomerate 26 July 2016

    Shandong Jiangquan is looking to diversify into both the lithium and battery industries by taking full control of lithium producer Shandong Rui Fuliye, where it will continue capacity expansion efforts already underway. Read More

  • Lithium export data shows China hydroxide price dip in June 26 July 2016

    The drop off in the spot price of lithium in China can be seen in lithium hydroxide export figures for June, though lithium carbonate retained its upward trajectory during the month, according to trade statistics recently released by the Chinese government. Read More

  • FMC strikes supply deal; accelerates expansion plans 26 July 2016

    The lithium producer intends to speed up a previously announced expansion of its hydroxide capacity to supply an unnamed “major” EV maker. It now aims to have a capacity of 18,000 tpa by the end of next year. Read More

  • Icynene adopts Chemours' Opteon refrigerants in spray foam 25 July 2016

    Growing initiatives to phase out the production of ozone-depleting substances are facilitating a shift towards a new generation of refrigerants. As activity in Chemours' TiO2 segment remains subdued, the company is banking on industry uptake of its fluorochemicals products to drive growth. Read More

  • Cement and building materials push Eagle Materials Q2 earnings up 25 July 2016

    Increased prices in its building materials segment and higher volumes of gypsum wallboard and paperboard products helped to buoy earnings and revenue for Eagle Materials, as the company's proppants segment continues to suffer through the oil and gas decline. Read More

  • India AMCR could hinder mineral sands 22 July 2016

    The government's new proposals over the mining of atomic minerals have been criticised by the industry, which opposes both the mining guidelines and the classification of beach sand minerals. Read More

  • Price Briefing 15-21 July 2016 22 July 2016

    Supply disruption in China fails to lift bauxite and brown fused alumina prices; chromite sees an increase in buying activity in China; Indian potash contracts signed at lower y-o-y levels. Read More

  • SQM drops objections to Albemarle’s Atacama expansion 22 July 2016

    A deal between SQM and Albemarle, the world’s two largest producers of lithium from brine, will see the companies work together on an environmental programme in Chile’s Atacama Desert, with SQM dropping its environmental complaints against Albemarle’s ramp up plans. Read More

  • Chinese producers anticipate lithium price stability, spot drop off continues 22 July 2016

    As the Chinese lithium spot price continued to fall this week, a number of supply-side industry players expect a steadying of the market in the second half of the year, though buyers still predict a sustained price decline. Read More

  • Tesla’s vision for the future a boon for Li-ion? 21 July 2016

    Elon Musk’s ambitious plan for the electric vehicle producer include extending its vehicle range and the integration of solar roofs and battery storage, both of which should fuel battery demand and consequently demand for battery minerals, notably lithium. Some analysts remain dubious, however. Read More

  • Orocobre “confident” Olaroz delays are now behind it 21 July 2016

    Having been forced to postpone the date it expects to reach nameplate production once again this week, the lithium producer’s CEO told IM that this would be the last delay and defended the length of the ramp up process. Read More

  • Halliburton loss deepens as oil and gas pricing pressure continues 20 July 2016

    Major oilfield services provider Halliburton attributed its net loss to declining prices and activity in oil and gas, a major industrial mineral-consuming sector. However, the company noted the recent uptick in rig count, indicating operator confidence in stabilising commodity prices. Read More

  • Largo aims to supply V2O5 directly to VRB maker 20 July 2016

    Canada-based Largo Resources is in talks with vanadium redox battery maker Vionx for the supply of V2O5 from its mine in Brazil. Should a definitive agreement go ahead within the next three months – depending on agreement with Glencore Plc – the partnership will be the first to supply a battery manufacturer directly with vanadium raw material, according to Largo CEO Mark Smith. Read More

  • India identifies key minerals for domestic manufacturing industry success 20 July 2016

    The Indian government has identified 12 critical minerals likely to power the growth of the country’s manufacturing sector and to play a significant role in the success of the ‘Make in India’ programme – an initiative launched by prime minister Narendra Modi to encourage manufacturing companies to choose India as a base. Read More

  • Orocobre delays completion of Olaroz ramp up by two months 20 July 2016

    The lithium producer has said it will not reach nameplate capacity at its Olaroz facility until November as it makes modifications to the site’s purification circuit. The project is one of a number bringing new material to market this year, which industry players hope will lead to an easing of the supply shortage. Read More

  • EU takes action over China export duties 20 July 2016

    The European Union has launched another legal case against China’s restriction on raw material exports essential for the region’s downstream industries. However, China discounts any deliberate intentions claiming that the restrictions are merely an effort to protect domestic resources and the ecological environment. Read More

  • Mt Cattlin ore processing capacity doubled 20 July 2016

    General Mining Corp., operator of recommissioned spodumene mine has increased the site’s potential annual throughput to 1.6m tonnes ore. Read More

  • Rio Tinto's TiO2 output slides, borates production steady 19 July 2016

    Output figures for the second quarter of 2016 were broadly in line with market trends – titanium dioxide production continued to fall while borates and salt remained relatively stable. Read More

  • China’s lithium-ion battle: LFP vs NCM 19 July 2016

    Both lithium iron phosphate and nickel cobalt manganese batteries have their own relative strengths and weaknesses as they compete to fill the booming Li-ion space. Delegates debated these at the recent LiB and Key Source Material Meeting in Tianjin, China. Read More

  • Big names in energy look to Li-ion battery storage 18 July 2016

    Investment by three former energy bosses in a UK-based battery maker comes as part of a growing shift towards Li-ion-based energy storage systems, something players in the lithium industry have pointed to as a future driver of demand for the mineral. Read More

  • Lithium Juniors News in Brief 12-18 July 18 July 2016

    A brief round up of notable junior activity in the lithium industry. Read More

  • Judge favours Hemlock in silicon supply dispute 18 July 2016

    Deutsche Solar’s parent company, SolarWorld, stressed that any decision taken by a US court against it would not apply in Germany as it would have to go through the local legal system in a separate process. Read More

  • Lynas quarterly rare earths sales rise 18 July 2016

    The only remaining Western rare earths producer has reported increased sales volumes and revenues as the industry continues to struggle. Read More

  • First collective net loss for ‘Top 40’ mining companies IM July-August 2016

    2015 marked $27bn net loss for top miners with consolidation and cost cutting expected to continue; First lithium company to make the Top 40. Read More

  • Oilfield minerals: Drums in the deep IM July-August 2016

    High volatility in energy prices shook commodity markets over the past year, with oil taking a dive headfirst to lows that had not been reached for over a decade. This had negative consequences for oilfield service operators as well as mineral suppliers, who saw demand and prices falling for proppants and barite, while bentonite was, to an extent, spared. Read More

  • When the lights go out IM July-August 2016

    At its peak in 2008, oil (WTI) was trading at $140/bbl, which in turn pushed up the price of natural gas. The high price of fuel prompted investment in alternative energy supply, with countries looking to become self-sufficient, at least in part. Now, Cameron Perks, IM Correspondent, details how Australia has moved to diversify its supply mix and what this means for oilfield mineral markets. Read More

  • Fly ash proppant testing validates LWP’s technology IM July-August 2016

    Superior proppant qualities demonstrated, with low cost tech and lower transportation distances ideal for market downturn. Read More

  • Fluorine chemicals lose ground to lithium at Do-Fluoride Chemicals IM July-August 2016

    The Chinese manufacturer has been producing fluorine products for the aluminium industry for the last 17 years, but as its main market begins to buckle under low metal prices, Do-Fluoride has found a new route to growth in rising demand for lithium-ion battery chemicals. Read More

  • Fracking in an independent UK IM July-August 2016

    While the UK’s decision to leave the EU has caused uncertainty for many industrial minerals companies, Kasia Patel, North American Editor, looks at how a Brexit vote may encourage self-sufficiency in fracking and, along with a number of other factors, lead to a new source of demand for oilfield minerals. Read More

  • Brexit: Mineral companies in “wait and see” mode IM July-August 2016

    Financial markets in turmoil although market participants say it's too early to predict the long-term impact; ceramics sector expresses concerns over exports. Read More

  • Nabaltec pins hopes on flame retardants and Asia IM July-August 2016

    Low prices in refractory products have lead the company to focus on diversification, developing products for key markets such as flame retardants and electromobility. Read More

  • Lithium 2016: Demand on the rise IM July-August 2016

    Booming growth in lithium demand; short term supply remains a worry as belief that majority of juniors will fail. Read More

  • Cobalt supply: Alternatives and additions IM July-August 2016

    With various issues surrounding the use of cobalt in batteries, IM Correspondent, Cameron Perks, looks at potential future supply possibilities as well as substitution of the material. Read More

  • Fairmount expects further proppant declines in Q2 15 July 2016

    Preliminary financial results from the frac sand and proppant supplier indicate that revenues and volumes will be down in Q2, while net losses will deepen. However, it added that the market has shown signs of a preliminary but slow recovery. Read More

  • India’s beach sand miners urge PM to scrap new rules 15 July 2016

    The Beach Minerals Producers Association argues that the new Atomic Minerals Concession Rules would negatively affect India's beach sand mining industry and force private miners to close down. Read More

  • Samsung considering stake in carmaker BYD 15 July 2016

    The Chinese electric vehicle producer has denied reports that Samsung is set to buy a 4% share; says companies will cooperate on vehicle parts. Read More

  • China lithium market will balance in 2017, says industry association 14 July 2016

    Chinese lithium carbonate industry observers told delegates at the 2nd LiB And Key Source Material Meeting that the domestic market could reach an overall supply-demand balance in 2017 if more investment is put into production. However others warned that bringing on new supply needs to be done at a gradual pace so the market is not flooded. Read More

  • Chinese lithium spot continues its decline 14 July 2016

    A drop off in the price of lithium reported on the Chinese spot market continued this week, knocking it down further. In Japan, meanwhile, contract prices in the country’s once sheltered lithium market appear to be rising to the levels experienced in the rest of the world. Read More

  • US takes action over China export duties 14 July 2016

    US trade authorities have challenged China’s continued enforcement of export duties on nine essential metals and minerals, which the country agreed to eliminate after joining the WTO, pointing to deliberate efforts by China to increase its competitive edge in downstream product manufacture. Read More

  • Anasazi completes Solar Quartz Tech buyout 14 July 2016

    The mineral resources explorer is betting on the growth of solar energy sources as it completes the buyout of the quartz sand manufacturer. Read More

  • Brexit leaves door open for UK mineral export duties 14 July 2016

    UK industrial mineral producers face a risk that their exports to the EU will attract duties should the UK government push ahead with plans to leave the EU following the June referendum result. Read More

  • Heraeus looks at new markets with Korean office 13 July 2016

    The German components manufacturer is seeking to cement its presence in South Korea for automotive, electronic and telecommunication applications, while it sees opportunities to penetrate local e-mobility, energy technology and medical care markets. Read More

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