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Fastmarkets is discontinuing price assessments in four markets, extending the consultation period on two more and suspending one assessment, following a consultation process with the market.
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The requirement for a higher energy density in new electric vehicle (EV) battery projects has been removed from the official regulations on automobile industry investment published by the country’s National Development and Reform Commission (NDRC) on its website.
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Fastmarkets IM is opening a market consultation to seek feedback on its proposal to discontinue a range of prices across seven different markets.
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Stuart Cutler will step down from his position in the ferro-alloys marketing department at the end of the year.
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Graphite, magnesia, alumina and silicon carbide are excluded from the list of China-origin materials subject to a new US tariff, as are antimony, rare earths and barite. Pigments such as titanium dioxide will also be subject to the duty, as will refractory finished products, some ceramic minerals such as kaolin, and lithium.
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Demand for battery materials will crash into limited supplies soon, at the same time as global carmakers attempt to switch to making electric vehicles.
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Investors at this year’s PDAC convention voiced concerns that the supply of key minerals and metals used to make batteries such as graphite, manganese and cobalt may not be able to keep pace with demand.
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A hard limit of two years on the environmental permitting process could unlock rapid new mineral production in the United States.
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The South African mining sector must strive to build a competitive, transformed and sustainable industry, the chairperson of the Council for Geoscience said at Mining Indaba in Cape Town this week.
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As we enter into a new year, I wanted to update you on some of the changes and significant developments the global Industrial Minerals team is working on to ensure that the market information and prices that we provide you with are of the utmost relevance to your business.
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Industrial Minerals will be closed from December 25 until January 1 in observance of the Christmas and New Year holidays.
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Investment group to take over the French miner’s downstream manganese products business, Erachem, while Eramet will retain its manganese ore mining subsidiary.
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Perth-based metals and mining company South32 has secured an agreement with the Groote Eylandt Traditional Owners and the local authorities to expand its manganese operations in the Gulf of Carpentaria, Australia.
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The overhaul of the country’s metals, mineral and mining sector continues as India’s new mineral exploration policy received approval from the cabinet. The regulation is likely to help reduce delays in securing exploration licences in the hope of encouraging the auctioning of 100 mineral blocks in this financial year.
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Mineral production figures for March 2016 were marginally down by 0.1% from last year as India missed its mineral exploration target for the fiscal year 2015-2016, with weakness in the global metals and mining markets limiting domestic recovery.
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The Belgian-based technology group is to boost its capacity for rechargeable battery cathode materials by three-fold in the next three years, the company announced today.
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India has decided to safeguard its mineral wealth using indigenous space technology, following its amendments to the Mines and Minerals (Development and Regulation) Act 1957 and the move to suspend illegal mining operations.
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The Canadian explorer and its JV partner, Ferrometals, have said that their recent manganese output results surpassed their expectations. The news sets the companies, collectively known as the Brazil Manganese Corp., on track to meet their aim of becoming a primary domestic provider of agricultural-grade manganese in Brazil.
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At a time when explorers are finding it difficult to raise financing, Cancana has managed to secure funds from its JV partner. It is hoping the money will help advance its manganese exploration programme in Rondonia, northwest Brazil.
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The Indian government is preparing to put up 71 mines for sale in November 2015. This will include the auction of minerals such as bauxite, manganese, iron ore, limestone and other major commodities, and both domestic and international investors will be invited to explore projects.
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The company and its JV partner are currently carrying out test work at its Brazil Manganese Corp. project in Rondonia. To add more strings to its bow, it has bought a new drill rig and purchased a new exploration licence.
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The mineral-rich state, located in the east of India, is preparing to implement the first phase of a mine auction in order to meet plans unveiled by the Modi government earlier this year to revamp the country’s mining legislation.
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Test work at the Brazil Manganese Corp. project in Brazil has established that manganese oxide mineralisation observed at the development’s surface can be traced at depth. The JV partners hope the results from phase one of their drilling programme will help towards their aim of becoming a primary domestic provider of agricultural-grade manganese in Brazil.
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A shortage of minerals essential in infrastructure development has led India’s government to investigate offshore mineral deposits. 80 blocks have already been targeted in the Arabian Sea and the Bay of Bengal.
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Cancana, a Canadian explorer, and Ferrometals are to beef up their JV BMC manganese project next year, as they push towards their aim of becoming a primary domestic provider of agricultural-grade manganese in Brazil.
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The Australian explorer aims to tap into increasing demand for cement in Africa, fuelled by infrastructure development and strong GDP growth on the continent.
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Soil conditioners have a small market demand to the big potash, phosphate and nitrogen-based macronutrients, but MTI is looking to bring a leonardite-based supply of organic material to Chinese soils. The humic material within leonardite can increase the availability of soil nutrients.
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Nearly 105 mines in mineral-rich states of Chattisgarh, Rajasthan, Madhya Pradesh and Odisha are set to be auctioned by the end of the year, while the Ministry of Mines makes provision for a ‘composite mining licence’. Further advancement is also likely in the sector as Indian mining department goes digital.
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Cancana, a Canadian explorer, and Ferrometals have commenced a four-week drilling programme at their JV BMC manganese project, as they push towards their goal to become the primary domestic provider of agricultural-grade manganese in the Latin American country.
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Despite opposition from state governments, industrial players and other political parties, the Indian government has managed to pass the Mines and Minerals (Development and Regulation) Amendment Bill, 2015, in the lower house of the parliament.
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The Union Budget of 2015-2016 might bring some relief to mineral export duties, though MMDR 2015 will be tabled sans changes
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Africa has lost out on resource funding in the past to rival emerging mining continents like Latin America owing to quick profit objectives by funding groups, but smart investors will recognise the long game potential of African mines, according to participants at this year's Mining Indaba.
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Also this week: six new minerals added to EU critical materials list; TYCO unveils new system; PhosAgro helicopter crashes in Russia; IM Data launches Tesla report
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Ghana, which is deemed to be the most stable nation in West Africa, could be opened up to more potential investors if the government decided on a mine to market strategy, delegates in London heard yesterday.
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Giga factory in US brings lithium markets their day in the sun
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Deep Sea Mining Bill has the potential to generate up to £40bn of income for the UK by 2030
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Powering ahead - lithium-ion batteries
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RIKEN to develop lithium-iodine battery; Hi-Crush sees strong proppants prospects
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Extraction method uses less water, energy in processing low grade ores
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Higher output month-on-month in chromite, bauxite, but other minerals lower
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Japanese group bags government financing for flurry of mineral products expansions
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Body upholds initial ruling but quashes minimum export agreement complaints
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US group extracts lithium from geothermal brines; plans to triple capacity in 2012
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Beijing set to hit 3 September deadline; maintains it is not breaking WTO rules
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Cathode material to be used in Chevrolet Volt to extend battery life, operating time
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Bauxite, chromite, graphite, manganese & rare earths on leaked US security list
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Guangxi Dameng signs deal with PMG Mining for 430m. tonnes manganese
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Rare earths, graphite and fluorspar among minerals deemed a supply risk
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Lithium group to build electrolytic manganese dioxide plant for battery industry
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Division reports full year €27m. loss but steel recovery drives stronger second half
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