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  • PPG’s China TiO2 plant to begin production in 2015 24 October 2014

    The completion of the JV plant with Hennan Billions was celebrated this week, and the company expects output of 100,000 tpa TiO2 to begin next year. PPG, which recently said at the TiO2 World Summit that new product innovation will drive the industry forward, has also built a technology centre to test next-generation, chloride-based TiO2. Read More

  • Global mining equipment industry to grow 8.5% CAGR to 2018 24 October 2014

    According to a new report by Transparency Market Research, growth will be driven by iron ore and activity in oil refineries – good news for mining services providers, who have generally been in agreement that demand would be unlikely to materialise before the end of 2014. Read More

  • Albemarle’s Q3 earnings drop on bromine prices, sees lithium growth with or without EVs 24 October 2014

    The US-based speciality chemicals maker is continuing to see its profits dented by weaker prices for brominated flame retardants, despite higher sales volumes, but says that it expects to benefit from strong growth in the lithium market following the completion of its merger with Rockwood Holdings. Read More

  • Vesuvius retains FY 2014 position, despite softer foundry, steel, market 24 October 2014

    Vesuvius has outlined the challenges it — and other refractories producers — are facing: bearish foundry markets and low capacity utilisation in steel. However, its belief in its strategic model and its high value products means it will likely retain its position as the leading refractories producer. Read More

  • Saft wins Li-ion energy storage contract for Bolivian solar project 24 October 2014

    The deal follows the French battery maker’s announcement that it would provide a power storage solution for Hawaii’s fourth largest island and suggests that the energy storage market is a promising growth rival to electric vehicles for lithium and graphite consumption. Read More

  • Minerals Technologies sees AMCOL effect as sales, income, shoot up 24 October 2014

    This is the first quarter which shows the impact the AMCOL acquisition has had on MTI’s bottom line. Business is pushing on, in what has been a depressed market for its competitors, indicating that the acquisition is already paying off. Read More

  • Minotaur Exploration sells gypsum resource 23 October 2014

    The sale will enable Minotaur to continue towards commercialisation of its mineral assets such as kaolin, halloysite and silica sand. A port study clause is included within sale of the Australian miner’s gypsum deposit in Lake Purdilla, and should construction of the port go ahead, Minotaur would have access to the facility. Read More

  • China’s alumina market declines in H1 2014 23 October 2014

    Following Indonesia’s export ban on raw materials, China has started to see a shortage in bauxite supply, which has forced the country’s alumina companies to reduce production and diversify bauxite sources. This is likely to push the mineral price higher. Read More

  • PhosAgro nine-month production up 5.6% as sales climb 4.3% 23 October 2014

    The sales and production increases follow strong H1 2014 results for the company, in a string of strong performances. Read More

  • RB Energy to delist from TSX at end of November 23 October 2014

    The statement from TSX is another blow for the beleaguered iodine and lithium producer, which has seen its share price slip from $0.31/share on 15 September, when it made its initial announcement detailing its state of financial hardship, to $0.075/share today. Read More

  • Price Briefing 17 – 23 October 23 October 2014

    Antimony and TiO2 minerals stagger under overcapacity; rare earths remain steady Read More

  • PotashCorp. earnings fall 11% as offshore investments fail to deliver 23 October 2014

    Though the company said that it saw increased activity from all key markets, earnings fell by 11% as PotashCorp. was hit by weaker contributions from its offshore investments. Despite this, it has revised its full year potash sales upwards, anticipating that the rebound in demand – particularly from Asia and Latin America – will continue. Read More

  • IM Graphite News in Brief: 17 – 23 October 23 October 2014

    Flinders extends due diligence period with Big North Graphite; Kibaran signs LoI with ThyssenKrupp Read More

  • Rare earth prices steady on weak demand suggestive of lower inventories 22 October 2014

    Chinese magnet manufacturers reported to be idling capacity as market continues soft. Read More

  • DuPont and Honeywell face antitrust scrutiny over HFO car refrigerant 22 October 2014

    The two US firms’ joint venture to develop manufacture the fluorspar-derived hydrofluoroolefin refrigerant R1234yf, which is the only car coolant compliant with an EU emissions directive for new vehicles, may have limited the chemical’s availability on the market and could see DuPont and Honeywell fined 10% of turnover. Read More

  • Russia plans global rare earths domination 22 October 2014

    Russia claims to have the world’s second largest rare earths reserves after China, and before 1990 the country was a significant producer. New government and private enterprise plans could see the nation regain its influence in the rare earths market by the end of the decade. Read More

  • UK cannot afford to abandon mining, experts warn 22 October 2014

    The nation has a long history of mining, but has largely given up the development of its mineral resources over the last century as it became cheaper to import from international suppliers. The UK Minerals Forum Working Group has argued that mineral supply security cannot be taken for granted, however, and urged decision makers make plans for exploiting domestic reserves. Read More

  • UK select committee highlights importance of reliable water supply to mining industry 21 October 2014

    Access to water is a basic human right. It is also a basic requirement for mining. The conflict between these competing demands was discussed by the UK’s House of Commons Extractive Industries Select Committee, which considered how the situation could be managed through sound regulation and procedure, particularly in dry regions of the world like Chile and in areas where fracking is causing concern to communities. Read More

  • Galaxy looks to sidestep protracted sale of Chinese lithium plant to Tianqi 21 October 2014

    The Australian miner today said it hopes that proposed changes to China’s M&A regime will help it to close the sale of its Jiangsu facility more rapidly, which is important for the miner’s financial position as it pushes ahead with a lithium project in Argentina. Read More

  • China discusses magnesia market and 2015 quotas 21 October 2014

    Following the meeting held by China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters, the government will plan 2015 export quotas for Chinese magnesia producers, in view of the domestic and global market demand. Read More

  • Israel Chemicals strongly criticises updated Sheshinski tax proposals 21 October 2014

    The strongly-worded statement released by ICL is not just corporate bluster — the proposed tax measures would be some of the most punitive natural resources taxes imposed by a government anywhere in the world. ICL stands to lose substantial proportions of its revenue and will have to cut back significantly on domestic and foreign investment if the taxes are brought in. Read More

  • StratMin secures five-year offtake with major graphite buyer 21 October 2014

    The UK-listed, Madagascar-focused company had a nervous few months over the summer as it sought to tie down a buyer for its Loharano graphite. Securing an offtake agreement is a vote of confidence in the project’s quality and reliability and prompted a long-awaited rally in StratMin’s share price. Read More

  • China lays down new plan to tackle illegal rare earths mining 21 October 2014

    Through a coordinated action involving eight government institutions, Beijing is developing a six-month strategy to tackle the rare earths ‘black market’, showing its determination to address environmental problems caused by domestic producers and stabilising its domestic market. Read More

  • AkzoNobel income increases owing to efficiency programme 21 October 2014

    Though other companies have been reporting an increase in paints and coatings demand, AkzoNobel attributes its positive results to cost cutting and restructuring in the business. It added that market conditions remain challenging – a view that will be disappointing for raw materials producers to the industry such as rutile, ilmenite and TiO2, which have been waiting for conditions to rebound. Read More

  • Antimony trioxide prices stable while metal prices dip 20 October 2014

    Standard grade II metal values fall as traders attempt to kick-start market Read More

  • Jordan Phosphate Mines opens fertiliser-gypsum plant in Indonesia 20 October 2014

    JPMC is engaging in industrial projects outside its native Jordan for the first time. The company is planning to expand from its role as a phosphate rock supplier, to an integrated local and global beneficiator of its raw production material. Read More

  • China's refractory consolidation: a year on 20 October 2014

    A year after Chinese authorities took the decision to clean up the refractory industry in China, IM takes a look at progress made so far and the impact of the shut downs on the industry as a whole. Read More

  • IM Rare Earths News in Brief 14 – 20 October 20 October 2014

    Northern Minerals expands rare earth resources at Browns Range; Avalon halts plans to build separation facility in Louisiana; Ucore to evaluate proposals for bank feasibility study of its Bokan Mountain project in Alaska. Read More

  • Halliburton income increases as North American oilfield activity accelerates 20 October 2014

    The increase in net income and revenue for Halliburton highlights that growth in the oilfield sector is not abating, which is good news for producers supplying minerals to the industry such as barytes (barite), bentonite and frac sand. Read More

  • ERECON 2014: Recycling rare earths from e-waste in Europe 20 October 2014

    Owing to increasing rare earths demand in Europe, which has one of the largest markets of auto vehicles and mobile phones, companies called for a concerted effort from all institutions and governments to explore the potential of recycling rare earths and magnets from e-waste. Read More

  • Kenmare confirms still in discussions with Iluka about possible takeover 17 October 2014

    Ireland-based Kenmare Resources rejected Iluka Resources’ share-based offer for the company back in June, but a statement published today that negotiations are ongoing may signal that the company is coming round to the idea of a takeover. Read More

  • Merger talks discontinued between CF Industries and Yara International 17 October 2014

    A merger between CF Industries and Yara International would have created a nitrate fertiliser company close to the size of PotashCorp. Yara could have benefited significantly from CF’s access to low US gas prices in the deal. This, combined with the loss of its CEO and incoming CEO, will render the ending of the talks a big disappointment to Yara. Read More

  • Baker Hughes Q3 revenue up as oilfield demand driven by Latin and North America 17 October 2014

    The results from Baker Hughes show that demand from the oilfield sector remains strong as drilling activity continues in the Americas, which will in turn drive demand for oilfield minerals such as silica (frac) sand, barite (barytes) and bentonite. The remainder of the year is also expected to be positive as activity returns to normal in the Gulf of Mexico. Read More

  • Industry survey suggests autumn fertiliser usage could fall by 50% in North America 17 October 2014

    This year will yield a record harvest for US crop producers, following a similarly strong 2013 yield. Fertiliser usage is likely to fall significantly for the North American autumn due to the five-year low crop prices, which have precipitated from these high yields, and have reduced the incentive for planting large areas of crops. Read More

  • Eagle Materials acquires CRS Proppants for $225m 17 October 2014

    The latest acquisition marks a further step towards being an integrated frac sand producer as acquiring CRS Proppants, which has contracts in place and is in the process of expanding facilities, will potentially mean that Eagle Materials no longer has to buy in frac sand to sell to its customers. Read More

  • Kenyan government moves to challenge Kwale County’s proposed mineral sands tax 17 October 2014

    Miners in Kwale County including Australia’s Base Resources have welcomed the national government’s intervention in the royalty plan, which the company says will damage its business and investment in the region generally if it is allowed to go ahead. Read More

  • Canpotex agrees to lease agreement with Prince Rupert Port Authority 17 October 2014

    Pacific Northwest export expansions are the subject of another announcement from the agrimineral marketing group, taking Canpotex’s total intended investment in export facilities to nearly $830m. The company appears to be betting on a significant rise in demand for its products, despite short term fertiliser demand concerns in North America. Read More

  • South Boulder completes PFS drilling, moves to DFS drilling 17 October 2014

    South Boulder and ENAMCO’s project is an asset that, even in tough times for potash, could prove highly profitable because of the low cost open pit mine plan presented, and the local hot, dry climate, which is beneficial for processing. The completion of a fresh round of drilling will push the project towards full resource definition. Read More

  • ERECON 2014: Hi-tech industry voices concern over future rare earths supply 17 October 2014

    After voicing strong concerns over the future stability of rare earth supplies, several industries taking part in the ERECON conference urged for new measures to add value to the European rare earth industry supply chain, and to support new mining projects through concerted action. Read More

  • Kenmare sales increase 24% as Iluka negotiations continue 17 October 2014

    The company’s total mineral sands shipments have seen an increase over the third quarter owing to stabilising zircon demand and improved economic activity in the US, which is driving TiO2 demand. However, strong TiO2 demand in China is failing to materialise into higher feedstock sales as the country continues to develop its own supply. Read More

  • AMMG completes JV for South West Titanium Project 17 October 2014

    The JV with Midas is part of the company’s strategy to spin out its priority projects to allow it to focus on the development of its HPA project. It will also bring the company one step closer to becoming a mineral sands supplier as Midas evaluates the economic viability of the project. Read More

  • Nepal Orind Magnesite future looks shaky as Minister delays plans 17 October 2014

    The Nepalese resource could be a valid supplier to the growing Indian market if it is able to be revived. At this stage it is unclear if the rumours of a delay to start up are true as neither the Nepalese government or Khetan Group could be reached for comment. Read More

  • Lynas passes regulatory hurdle, posts improvements in Q1 results 17 October 2014

    The results and the positive report from the IAEA must be a welcome breath of fresh air for the company and it comes within the first few months of CEO, Amanda Lacaze’s, appointment. Read More

  • BPC signs Brazil port deal 16 October 2014

    Agrimineral distributor Belarusian Potash Co.’s agreement with with Rocha Terminais Portuarios e Logistica for storage will help the company to serve customers in the South American country, which is one of the world’s largest importers of potash. Read More

  • American Rock Salt to expand logistics capacity following increased salt demand 16 October 2014

    After one of the coldest winters since records began, salt reserves are depleted across North America. American Rock Salt’s plans to increase its capacity should provide ample returns to the company, especially if the expansion is completed before the beginning of winter. Read More

  • Soda ash and industrial salt prices on the rise in India 16 October 2014

    Rising salt values push up soda ash prices and narrow margins for glass makers Read More

  • Price Briefing 10 – 16 October 16 October 2014

    Iodine and rare earths fall while Indian soda ash prices climb Read More

  • Iluka mineral sands revenue stable y-o-y as market shows signs of recovery 16 October 2014

    With higher capacity utilisation rates from pigment producers and a rise in demand from the welding industry, Iluka is encouraged that zircon demand will continue to be relatively stable, while demand for TiO2 feedstocks seems to be recovering. Read More

  • Graymont submits revised Michigan limestone mine plans 16 October 2014

    Graymont has not supplied a production estimate for the proposed mine, but as the company is the second largest supplier of lime in North America, and the revised plans cover 30km2, the mine is likely to be a significant regional supplier for the construction industry if the application comes to fruition. Read More

  • PPG coatings sales increase 4% as North American recovery continues 16 October 2014

    Higher paint and coatings sales were driven by improved demand from the aerospace and the automotive sectors. Gains were seen in North America and Asia, reflecting recent trends in mineral sands, which are used in paint and coating production. Read More

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