Video News: UK looks to shale development as new onshore oil and gas colleges approved

By Antonio Torrisi
Published: Monday, 17 November 2014

First UK shale colleges approved; Chinese province to produce graphite again after one-year suspension; Imerys SA acquires S&B Minerals

On this week’s IMTV, the first national UK shale colleges were this week given the go-ahead by Business, Enterprise and Energy Minister Matthew Hancock MP, signalling a clear message from the government that it is serious about fracking in the UK.

China's Heilongjiang and Shandong provinces are looking forward to producing historic levels of graphite once again, after a year of inspections by the relevant authorities, which suspended graphite production on the back of harsh environmental violations.

And we bring you the news that industrial minerals giant Imerys SA bought Greece-based bentonite producer, S&B Minerals, for €558m ($697.5m*).

Finally, Canada-based Enirgi Group revealed last week that it is looking to become a leading producer of lithium carbonate, with a 50,000tpa plant scheduled to come online in 2017.

*Conversion made November 2014