Regulation latest news

  • October 2014

    Vale reports 50% Q3 EBITDA growth in fertiliser sector despite overall loss

    31 October 2014

    Fertiliser earnings growth was at odds with the overall performance of the Brazilian miner, with third quarter figures indicating a difficult three months for the company. The world’s largest iron ore producer will be thankful thatl its fertiliser business is not immediately likely to encounter the same price falls that iron ore has experienced.

  • Imerys stick to guns in Q3 results, underline commitment to ceramic proppants

    31 October 2014

    As the world’s leading producer in many industrial minerals industries, Imerys results are always a good indication of the state of the market. These are strong results —with the exception of fused minerals, which have yet to pick up — showing that new areas of growth, such as talc in polymers in automobiles and lithium-ion batteries, are starting to affect even traditional producers.

  • Selective financing to snag pace of mine development

    31 October 2014

    Macro indicators spell a gloomy year ahead for miners in 2015, while those which have successfully secured deals to bring projects into production this year say that they have beaten the odds, but only with a great deal of effort and patience.

  • PotashCorp net income falls by 11%, potash gains offset by phosphate

    31 October 2014

    PotashCorp’s earnings remained strong despite its income fall, which was mainly caused by production and commodity independent factors. The potash sector of the company has improved in line with expectations, following the steady realignment of potash markets from the uncertainty of 2013.

  • US Rare Earth Salts to separate rare earths for a mining major

    31 October 2014

    Following the agreement with a major mining company to produce rare earths from its deposits, US-based junior Rare Earth Salts is ready to construct a pilot plant to demonstrate the feasibility of its new process, which it claims has a is higher environmental benefit and lower costs compared with traditional methods. If successful, this could represent a game changer in the rare earths industry.

  • IM Potash News in Brief: 17-31 October

    31 October 2014

    PotashCorp. Piccadilly mine set to open; K+S signs $200m services contract with Aecon; Elemental Minerals halves capex in new mine plan.

  • Imerys ups North American calcium carbonate prices by 10%, warns of freight costs

    31 October 2014

    Customers told to expect delivery cost volatility on top of standard price hikes in US and Mexico

  • US bentonite project addresses concerns of Wyoming residents

    31 October 2014

    Misgivings over a potential bentonite mine in Wyoming were expressed in a public meeting held in the town of Cody and will be part of the National Environmental Policy Act, which will ultimately determine the possibility that the Wilson Brothers’ project will receive permits to begin operations.

  • Enirgi Group aiming to be global leader in lithium with 50,000 tpa LCE plant

    31 October 2014

    The new technology Enirgi has developed is a gamechanger for the industry. If the company can produce 50,000 tpa, and as it hints, can undercut others on cost, then it means the lithium space may look very different in 2017.

  • Solvay suspends fluorspar production at Okorusu in Namibia

    31 October 2014

    The Belgian producer has cited depletion of the resources and high running costs as reasons for the shutdown of operations at its fluorspar deposits in Namibia. These are market conditions that will affect all producers.

  • AkzoNobel open new coatings plant in Dubai

    31 October 2014

    The new plant underlines the growth expected to take place in the region, on the back of growing urbanisation and the oil and gas market. This has also been underlined by other producers of coatings and is good news for mineral sands producers.

  • Chemtura creeps back to profit in Q3 but talks of trade-offs in bromine markets

    30 October 2014

    The US chemicals producer is one of the world’s largest producers of bromine and has suffered from weakness in key brominated flame retardant markets, while the recent conflict in Gaza left it short of bromine from this region to supply non-flame retardant applications.

  • Ebola threat looms larger over West Africa mineral exports

    30 October 2014

    Increased border screening to prevent the spread of the disease could impact shipments of bauxite and mineral sands, cutting supplies to the global market and hurting miners based in the region.

  • Cathay Industries start up iron oxide plant in China

    30 October 2014

    China is the world’s largest producer of iron oxide and demand is expected to increase in the country, on the back of increased urbanisation.

  • MGX to complete permits and testwork for its Canadian magnesite deposit

    30 October 2014

    By engaging Moos Mountain Technical Services to prepare an application for mining permits and Kemetco Research to conduct advanced metallurgical studies, the Canadian junior is speeding up its plan to bring its Driftwood Creek magnesite project into production.

  • Graphite price rebound sluggish

    30 October 2014

    Graphite price review: Effects of slowing Chinese output measured; suppliers remain optimistic

  • IM TiO2 News in Brief 23-30 October 2014

    30 October 2014

    White Mountain submit second environmental report to Chile’s SEA; Argex to trade on TSX

  • Price pressures linger in fluorspar

    30 October 2014

    Fluorspar price review: African prices settle at lower levels; ROW stable despite efforts to push increases

  • FMC Corp. post higher minerals revenue and earnings in Q3 2014

    30 October 2014

    The higher sales and profitability FMC is experiencing in its lithium and soda ash business arm spell good news for these markets on a global level, as FMC is a leading producer in both markets.

  • Intrepid Potash Q3 income falls 160% despite increasing sales volumes

    30 October 2014

    While Intrepid Potash is keen to suggest that its business is resilient to US freighting congestion, a significant swing to a net loss was reported for Q3 2014, on the back of increased operating costs caused by scheduled maintenance and outages caused by strong rainfall in New Mexico, US.

  • Price Briefing 24 – 30 October

    30 October 2014

    Antimony and iodine prices fall while Indian barite remains scarce and bromine continues flat but soft

  • Outotec to cuts personnel in Finland to save cash due to challenging market conditions

    30 October 2014

    Following negative third quarter results compared with the same period in 2013, the Finland-based processing company has started a programme to cut annual operating costs, in order to restructure its assets and remain competitive in case conditions in the mining sector do not improve in 2015.

  • IM Graphite and Graphene News in Brief 23-30 October

    30 October 2014

    Focus enters into agreement with First Nation group; Walkabout looks into Tanzania

  • CARBO Ceramics CEO bemoans use of frac sand “experimentation” as ceramic proppant sales slide

    30 October 2014

    This is the first bearish set of results from the oilfield minerals sector for Q3 2014, and it comes as a surprise given the shale gale which continues to sweep across North America. The company however has a long-term view and believes its product will win out eventually.

  • International Lithium Corp. finalises Argentina project JV with Ganfeng

    30 October 2014

    Ganfeng’s investment is helping ILC to accelerate the development of its lithium properties in Argentina and Ireland with reduced costs and access to the expertise of one of China’s leading lithium companies.

  • Mosaic reports strong Q3 income and sales, predicts positive future

    30 October 2014

    Mosaic’s strong financial performances appear to follow more than just a recovery in the price of phosphate and potash, and should be amplified in subsequent earnings reports, as a number of new ventures and acquisitions head towards completion.

  • Martin Marietta Materials post higher Q3 sales in magnesia business

    29 October 2014

    A rise in sales in the company’s specialty products business demonstrate that demand continues to grow for the company’s magnesium hydroxide products, although it indicated that its bottom line was affected by higher natural gas prices — which has impacted operations in industrial minerals on a global scale — and a kiln outage.

  • Iodine prices slide further as market landscape begins to change

    29 October 2014

    Chilean prices overtake Japan; new salts plant in Chile could disrupt trade to India

  • DSF Refractories to construct natural gas pipeline at UK plant

    29 October 2014

    The approval of a £2.8m project to construct a natural gas pipeline at its refractory plant would allow the UK-based refractories manufacturer to lower costs and remain competitive in the refractory market worldwide.

  • Double Crown demonstrates transport system before commercial launch

    29 October 2014

    Double Crown is looking beyond its comfort zones in suggesting that its new container system could be used for agricultural commodity transport and for non-oilfield mineral applications. Given that freight capacity is set to be a significant barrier to growth in many mineral industries, especially in the US, any system that increases capacities is likely to be looked upon favourably by the industry and investors.

  • Clariant sell off energy storage business to Johnson Matthey

    29 October 2014

    The sale shows how Johnson Matthey is strategically placing itself to become a key producer of Li-Fe-PO4 cathodes for the energy storage and electric vehicle market. It is interesting because Johnson Matthey have made this acquisition less than a month after it announced it would be buying A123 System’s Li-Fe-PO4 cathode plant in Changzhou, China.

  • Cristal eyes Chinese market with Jiangxi Tikon Titanium Co acquisition

    29 October 2014

    Despite a perceived slowdown in the Chinese TiO2 space, this news shows that Cristal – one of the leading producers of the pigment mineral — believes in the future of China as a consumer of TiO2. The question is whether Cristal will bring its know-how to the Jianxi operation, and convert the processing route to create a higher-value TiO2, or retain the operation as it now runs.

  • Eagle Materials’ earnings rise by 26% as it expands proppants business

    29 October 2014

    Oilfield minerals yielded the slimmest profits of Eagle Materials’ three business segments during the three months to 30 September, but the company has identified this area as a target for expansion having opened a new mine in Illinois and acquired another frac sand company during the quarter.

  • Sibelco wades deeper into oilfield minerals market with new energy division

    29 October 2014

    The formation of Unimin Energy Solutions consolidates the existing energy mineral offerings of world-leading frac sand producer, Silbelco, with its US-based subsidiary, Unimin, which has the largest Northern White frac sand capacity globally.

  • Tertiary Minerals fast-tracks fluorspar exploration in Nevada

    29 October 2014

    By accelerating drilling operations for the third phase of exploration at its MB fluorspar project in Nevada, the UK-based junior company will be able obtain its first analytical results within two weeks and push ahead the development of a key fluorspar project in North America.

  • Russia’s plans for world rare earths domination

    29 October 2014

    Russia aims to become rare earths self-sufficient; Tomtorskoe and Yakutia fields to be developed.

  • Miners urged to sharpen up CSR reporting

    29 October 2014

    FTSE 100 businesses still lag on human rights disclosures; Water access key to both miners and communities

  • China’s refractory consolidation: a year on

    29 October 2014

    Chinese refractory industry consolidation continues and expands; MTI denies rumours about Minteq’s plant closure; RHI halts acquisition of a magnesite plant in Turkey; QMAG cuts personnel at its magnesite mine in Australia;

  • Price rises fail to mask China’s fluorocarbon deficiencies

    29 October 2014

    Downstream overcapacities stunt fluorspar growth

  • Bacanora look to scale up boric acid production with 25,000 tpa plant in Mexico

    29 October 2014

    Bacanora moves towards large-scale plans; Rio Tinto produce more borates in Q3 2014

  • Solvay Soda Ash to install new boiler in Bulgaria plant on cost-cutting drive

    29 October 2014

    Boiler will cut costs making Solvay more competitive in the synthetic soda ash market

  • Societe Generale bullish on potash until 2017

    29 October 2014

    High barriers to entry the potash market for new mines; BHP's indecision over development of Jansen project continues; growth in potash demand expected in Asia

  • Frac Sands 2014: The frack fight

    29 October 2014

    Frac sand demand is expected expected to triple, though regulations may hinder industry growth. Delegates at IM’s 2nd Frac Sands Conference discussed how the industry should deal with its opposition.

  • Sumitomo confirms test production of Kazakh rare earths

    29 October 2014

    Preparations for commercial production; Japanese demand driven by electronics

  • Rare earths markets challenged by supply-demand imbalance

    29 October 2014

    Lack of investment hinders projects; oversupply expected in coming years.

  • Better times ahead for refractories?

    29 October 2014

    Optimism industry has returned to growth; European market too mature to expand far.

  • Aachen 2014: Refractories face evolutionary growth path to 2020

    29 October 2014

    Steel makers target higher quality, lower volumes; Manufacturers urged to adapt to changing needs

  • Fluorspar in Mongolia

    28 October 2014

    Downloadable map: IM Data outlines Mongolia’s many fluorspar producing regions

  • Mississippi Phosphates Corp. files for $20m bankruptcy protection

    28 October 2014

    MPC will be disappointed that the recent hiring of company turnaround specialist, Jim Sherbert, as CEO appears to have been too late to rescue the miner in the short term. The bankruptcy, however, should allow the company to restructure its business, and start afresh with its creditors.

  • Saint Gobain acquires Turkish business

    28 October 2014

    The latest acquisition highlights the French company’s desire to expand into emerging markets and with good reason; in its latest set of results, the group underscored good gains in these markets and demand appears to be stable.

  • DuPont reports weaker TiO2 pricing in Q3 but says volumes are back on track

    28 October 2014

    The US chemicals company said that portfolio changes had led to an 8% drop in sales for TiO2 and fluorochemicals during the third quarter, but that plans to spin off its performance chemicals business are on schedule and will help boost profits in 2015.

  • ICL to divest its alumina compounds and paper chemicals business unit

    28 October 2014

    The sale of its paper chemicals and water treatment (APW) business to Japanese water treatment company Kurita Water Industries will allow Israel-based speciality chemicals producer to cut costs and focus on its core businesses in the agriculture, food and engineered materials markets.

  • Innophos Holdings’ sales of speciality phosphates down

    28 October 2014

    Innophos does not appear to have suffered greatly from supplier delays, though it will be looking to avoid such production volume reductions again. The fall in sales was more than made up for by margin improvements, however.

  • Alevo to build $1bn gigawatt-scale energy storage plant in US

    28 October 2014

    This is good news for the markets which feed into lithium-ion batteries in principle as it creates another demand stream. A plant of this scale, if utilities are interested, would be a major boost for developing producers of lithium and graphite. However, Alevo has only signed one agreement so far for its GridBanks technology, so the scalability remains to be seen.

  • Dubai International Capital rumoured to sell Almatis within 18 months

    28 October 2014

    Almatis does not have the debt problems of its holding company — the importance of the sale to the alumina producer would be the transfer of the business from a company has had to be light on spending, to one which, if purchasing assets, seems likely to have a significant drive and capacity for investment in Almatis’s operations.

  • US importers unable to obtain barite from India, prices stable

    28 October 2014

    India’s APMDC silent over tender plans; market coping with shortages

  • Mexichem sees recovery in fluorspar and fluorochemical business in Q3

    28 October 2014

    Following a strong performance of the company’s fluorine chain, driven by higher fluorspar prices and improved pricing and volumes in fluorochemicals, the company is expecting a turning point in its fluorine business, which will drive growth in 2015.

  • IM Lithium News in Brief 20-28 October 2014

    28 October 2014

    Stria publicise media separation study, Critical Elements eye mica market

  • Imerys Graphite & Carbon named among first four Graphene Flagship associates

    27 October 2014

    The Swiss graphite miner and manufacturer has been tasked with improving communication between the €1bn project and industry – a connection that is considered essential for graphene’s long-term commercial prospects.

  • Trioxide grade antimony falls as traders look to cut losses

    27 October 2014

    Weak outlook spooks sellers as trioxide producers fight to make margins

  • TiZir ramps up production following August mechanical failures

    27 October 2014

    With the potential to provide 7% of the world’s TiO2 and zircon feedstock, joint venture partners Eramet and Mineral Deposits will welcome the resumption of production at the Grande Cote project in Senegal, following the redesign of impellers.

  • Report uncovers high level of magnesia pollution in China’s Liaoning Province

    27 October 2014

    Environmental issues are now very much part of the conversation now in China, with headlines in newspapers first awakening public consciousness to the problems seen in remote areas to the population around three years ago. Since then, and following a public outcry, the refractories industry has pledged to clean up its act.

  • IM Rare Earths News in Brief 21 – 27 October

    27 October 2014

    Lynas Corp. raises over $60m to continue production; Alkane Resources addresses public concerns over its Dubbo Zirconia project; Northern Minerals receives environmental approval for Browns Range in Western Australia.

  • Huntsman Corp. look to restructure Europe TiO2 as segment EBITDA falls 50%

    27 October 2014

    The comments on the bearishness in the market from Huntsman are telling as they hint at action from the leading US-based producer. Huntsman does not give guidance on prices, but throughout the conference call it became clear that the softness in Europe is expected to last a while, which will impact other producers in the region.

  • Miners told to brace for “new normal” demand trends

    27 October 2014

    The beginning of China’s economic restructuring plan is already squeezing miners and mining equipment companies, but analysis by industry commentators suggests that this is the start of a new status quo in terms of mineral demand and trading, rather than a temporary blip.

  • China fluorspar output down 200,000 tonnes in 2014

    24 October 2014

    Supply update: Slow demand and mounting stockpiles cause China’s fluorspar producers to cut back

  • China to review graphite taxes

    24 October 2014

    Policy: Heilongjiang consider export tax adjustment; spherical subsidies encouraging mislabelling

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

    24 October 2014

    The completion of the JV plant with Henan 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Upwards price pressure slows in graphite market

    23 October 2014

    Graphite price review: Prices stabilise within higher ranges as weak demand prevents major rebound

  • 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.

  • 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.

  • Price Briefing 17 – 23 October

    23 October 2014

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

  • 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.

  • 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

  • Fluorspar producers remain pessimistic on prices

    23 October 2014

    Fluorspar price review: Demand shows few signs of recovery, leaving producers fighting tight margins

  • 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.

  • 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.

  • 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.

  • 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.

  • Mongolia: fluorspar’s sleeping giant

    22 October 2014

    Supply update: Trade and infrastructure agreements to boost Mongolian supply as mining licence restrictions are eased

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Antimony trioxide prices stable while metal prices dip

    20 October 2014

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Sumitomo confirms test production of Kazakh rare earths

    17 October 2014

    Through its JV with Kazatomprom, the company is preparing to go into commercial production of rare earths, most likely targeting Japanese demand driven by the advanced electronic market. However, project delays have cast doubts on targeted production, which was due to begin in 2013.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

  • Price Briefing 10 – 16 October

    16 October 2014

    Iodine and rare earths fall while Indian soda ash prices climb

  • 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.

  • 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.

  • 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.

  • IM Graphite News in Brief 09 — 16 October 2014

    16 October 2014

    Kibaran starts feasibility study; Braille Battery named official Historic Sportcar Racing

  • Seasonal decline in production creates positive price pressures

    16 October 2014

    Graphite price review: Flake graphite prices rise as Chinese production slows

  • Firmer Chinese offers stabilise acidspar prices

    16 October 2014

    Fluorspar price review: Ranges narrow as predatory pricing eases

  • Minnesota asks for public opinion on frac sand air pollution

    15 October 2014

    If the Minnesotan panel’s recommendations and methods are conducive to public policy procurement, the process may be rolled out across US states involved in the rapidly expanding fracking services industry.

  • Rio Tinto production report shows TiO2 market still lagging

    15 October 2014

    The latest set of figures from the Anglo-Australian miner show lower production levels in TiO2 feedstock’s and runs contrary to the optimism displayed in its company results, released in August, which stated that a slight upturn was expected in mineral sand markets. In borates, sales demand continues to increase, which is positive for the market as a whole

  • Mineral Sands News in Brief: 8-15 October

    15 October 2014

    Metallica Minerals subsidiary JV enters binding contract for the provision of a concentrator plant, Alkane Resources continues to improve its opex and capex definitions.

  • Halliburton moves Argentina closer to fracking with new sand loading and storage facility

    15 October 2014

    Argentina is second only to the China in terms of potentially recoverable shale gas. The US has proven the viability of fracking, and the industry has great potential to expand in the sparsely populated southern provinces in Argentina. A developing fracking industry could also lead the country out of its current economic malaise.

  • Bacanora look to scale up boric acid production with new 25,000 tpa plant in Mexico

    15 October 2014

    The potential of an extra 25,000 tpa boric acid will not disrupt the global supply situation, but rather feed growing demand in this area. According to a paper by Sinclair Associates and US Borax in 2012, boric acid demand is expected to grow by 150,000 tonnes by 2017. Areas which will see heightened demand include Asia, North America and the US. An extra supply source in Mexico is well placed to serve North America and Europe, and holds a lower opex than North American projects.

  • Morgan Stanley voices concern over potential frac sand shortage

    15 October 2014

    Proppant suppliers like Hi-Crush Partners and US Silica Holdings are already benefiting greatly from rapidly expanding US demand for frac sand. The market position of being a supplier in a rapidly growing industry struggling to keep up with demand is highly lucrative. Industry winners will be the companies that find a way to keep supply rates up with demand.

  • Tata Steel to sell UK steel sites to commodities firm

    15 October 2014

    The sale of Tata Steel’s UK sites could impact demand for associated refractory minerals. At the moment it is unclear how Klesch Group will run the sites being sold – whether output will be optimised to match demand, or continue at the same pace. However, the sale casts uncertainty on the market.

  • Iodine price slide continues

    14 October 2014

    Values track lower led by softer Chilean deals

  • RB Energy starts restructuring proceedings

    14 October 2014

    The latest move to start restructuring proceedings is not quite the final nail in the junior iodine and lithium producer’s coffin, but it shows that there is little hope that the financing that the company has been looking for coming to fruition. It does also mean that RB Energy can hang onto its assets for a bit longer, as it will be protected under the Companies' Creditors Arrangement Act.

  • China’s Dalian Morgan Refractory Co starts production at Liaoning plant

    14 October 2014

    The opening of the new plant is a further step into Asian markets for UK-based Morgan Advanced Materials. The company is hoping to provide a range of high technology markets in Asia, including automotive, aerospace, medical, and electronics users

  • OCP forsees further phosphate market improvement in coming years

    14 October 2014

    L’Office Cherifien des Phosphates stands to benefit from the projected phosphate market expansion, with its large scale projects competing well with other producers on reserves and production costs.

  • Base Resources upgrades resource estimate

    14 October 2014

    The upgrading of the mineral sand miner’s resources shows that it can continue to develop its project and is well placed to continue to serve its customers.

  • Innovation and good practice key to market leadership, says Imerys

    13 October 2014

    The world-leading French industrial minerals company was recently recognised by IMA-Europe for its commitment to innovation, safety and community relations – aspects of its business which the firm says will help it to grow sustainably while maintaining a dominant position in the industry.

  • Indian companies wish to acquire 30% stake in Acron potash project

    13 October 2014

    India is an important and import reliant fertiliser market, buyback supply deals are therefore a strong asset to fertiliser suppliers. Indian ownership of the stake will be delegated to a public corporation of several companies.

  • Video News: Imerys Al Zayani Fused Minerals receives financial support for Bahrain white fused alumina

    13 October 2014

    RHI halts acquisition of magnesite mine in Turkey; Sharp increase in barite prices due to Indian delayed tender and increased royalties

  • QMAG cuts personnel to save costs at Australian magnesite mine

    13 October 2014

    The Australian producer, a subsidiary of Belgian mining giant Sibelco, said that the cut of 16 workers was necessary in order to lower costs and regain competitiveness of its magnesia business in international markets.

  • Dull export market leaves rare earths prices stable

    13 October 2014

    Cerium narrows down slightly on weak European demand; US consumption tipped for rebound

  • US Defense Logistics Agency outlines potential lithium and rare earth acquisitions

    13 October 2014

    The US Department of Defense has identified and tracks a number of minerals it considers to be critical to US national security and its purchasing intentions are an indicator of demand and availability of certain materials.

  • Tesla shares dip after unveiling of “self drive” version of Model S

    13 October 2014

    A slide in the electric vehicle (EV) manufacturer’s shares is surprising as it comes after a host of positive press, however, to put the slide in context, shares are still up 50% on last year levels. Shares in Western Lithium also traded down on Monday, which have previously tracked peaks in Tesla’s stock.

  • IM Rare Earths News in Brief: 6–13 October

    13 October 2014

    Baotou, China, loses 21,910 tpa rare earth production capacity, Lynas Corp. hosting IAEA inspection.

  • Price rises fail to mask China’s fluorocarbon deficiencies

    13 October 2014

    End-market update: Downstream overcapacities stunt fluorspar growth

  • TiO2 World Summit 2014: TiO2 innovation pipeline is surprisingly bare

    10 October 2014

    As delegates at the TiO2 World Summit in Montreal agreed that innovation was the way forward in TiO2, TiPMC really drove the point home, saying that new developments are at historically low levels.

  • Potash West raises A$2.9m to progress German and Australian projects

    10 October 2014

    The new round of capital raising by Potash West will allow it to further develop its widening portfolio of fertiliser assets, through the funding of permitting processing and resource reporting.

  • ME Elecmetal to cut costs by recycling zircon sand at US foundry

    10 October 2014

    By developing a new process that recycles zircon sand from its metal casting operations, US-based ME Elecmetal could give the foundry industry the opportunity to reclaim zircon from silica sand, which could impact the zircon supply chain.

  • Fluorochemicals maker Tianhe rebuts “twisted” fiction fraud allegations

    10 October 2014

    Accusations by Anonymous Analytics that China-based Tianhe had misrepresented financial statements led to a trading suspension on the Hong Kong Stock Exchange. The allegations prompted the special fluorides and additives manufacturer to issue a 55-page defence document, but the episode could seriously damage the company’s fluorochemicals business.

  • Halliburton to take more frac sand from Hi-Crush for next five years

    10 October 2014

    The amendment of the contract between the oilfield services firm and the frac sand miner suggests that the US fracking boom sees no signs of abating and that contracts for sand are starting to become the norm ahead of spot purchasing.

  • DuPont sees rapid transition to HFO-based refrigerants in automotive industry

    10 October 2014

    Following the development of several hydrofluoroolefins (HFO)-based chemicals, the world-leading fluorochemical producer said it believes the automotive market is already demanding the new refrigerants, a statement which could push other chemical producers to develop HFO-based products, giving some optimism for future fluorspar demand.

  • Base Resources increases production, recovery and sales of mineral sand products

    10 October 2014

    The supplier of heavy titanium minerals for the TiO2 pigment market continues to ramp up production and shipment volumes citing improving market conditions, while increasing its mineral concentrate recoveries.

  • TiO2 World Summit 2014: Industry changes mean dawn of a new era in TiO2

    09 October 2014

    Changes of ownership structure at major pigment producers, the growing role of China and new legislation are reshaping the TiO2 industry and market participants have been urged to prepare for a markedly different future.

  • TiO2 World Summit 2014: China sees permutations in pigment production

    09 October 2014

    According to observations by Tinox Chemical, the TiO2 pigment industry is being forcibly transformed by the combined influences of economic slowdown, falling prices and new environmental regulations. Nevertheless, the country has become established as a major competitor in the global pigment market.

  • RB Energy closes lithium plant and dismisses staff as money runs dry

    09 October 2014

    When Canada Lithium came to the market with a new plant, secured an offtake agreement and merged with production stage iodine company Sirocco Mining, it seemed like it would be plain sailing for the company. Lower lithium selling prices, an ambitious expansion plan and untenable finances however meant that it has struggled to make ends meet. This a stark warning to juniors in this space that even developed projects are struggling.

  • UK Immingham port invests in soda ash crane

    09 October 2014

    The UK port invests £2m in new crane to handle additional soda ash imports

  • Canpotex to invest $140m in new shipping equipment and infrastructure at Port of Portland

    09 October 2014

    The majority of Canpotex’s production, which forms one third of the total world potash exports, moves west of its mines via trains to port facilities in the Pacific Northwest, which means that the $140m planned upgrades are likely to significantly improve Canpotex’s export and shipping capabilities.

  • Alcoa benefits from growth in alumina volumes and sales

    09 October 2014

    An increase in sales and shipments of its alumina products could indicate an uptick in demand from refractories and speciality alumina producers, which source their raw material from Alcoa.

  • Rare earths prices sink lower on weak demand from magnets and phosphors

    09 October 2014

    Chinese holiday and domestic oversupply pull market down in early October

  • Price Briefing 3 – 9 October

    09 October 2014

    Turkish and Indian barite edge up while rare earths and TiO2 minerals continue to sink

  • Solvay confirms optimistic outlook for 2014 financial performance

    09 October 2014

    The Belgian chemical company is a significant producer of soda ash and rare earths products and despite highlighting challenges in some business areas and geographical regions, its confident outlook is a positive sign for the mineral industry.

  • Sierra Rutile operational update shows impact of Ebola outbreak

    09 October 2014

    Although Sierra Rutile has revised down its production guidance for 2014, the operational update shows that despite a massive Ebola outbreak in Sierra Leone, the company has lost a minimal amount of production and its sales remain strong because of the measures it has taken.

  • IM Graphite News in Brief 2 — 9 September

    09 October 2014

    Talga releases scoping study results; Saint Jean Carbon gets hands on Sri Lanka resource

  • Supply backlog stunts fluorspar recovery

    09 October 2014

    Fluorspar price review: Increased orders fail to spark acidspar upturn; metspar stable

  • Low-price sales stall graphite winter recovery

    09 October 2014

    Graphite price review: Average prices stable as low price exports undermine higher offers in China

  • TiO2 World Summit 2014: Only the innovative will survive

    08 October 2014

    Reduced pigment consumption, TiO2 substitution and rising competition from Asian producers are putting pressure on the pigment industry participants to adapt to survive, a PPG executive has warned.

  • TiO2 World Summit 2014: TiO2 faces stiff competition from organic pigments

    08 October 2014

    Rising environmental costs faced by mineral-based pigment producers has led to a growing trend in favour of organic alternatives – a situation that is posing a real threat to the established TiO2 industry, according to recent market research in China.

  • UPDATE: MTI denies Minteq Suzhou plant closure rumours

    08 October 2014

    The company has flatly contradicted reports that it plans to shut down its refractories manufacturing facility in China, saying that it intends to continue developing its business in the region despite tough market conditions.

  • Valmet to supply equipment to US pulp and paper mill producer

    08 October 2014

    By supplying an evaporator train upgrade to Canada-based pulp and paper producer Domtar, Valmet will improve the company’s production efficiency and consolidate its leadership as a supplier of technical services for pulp, paper and energy industries in the North American market.

  • Aguia Resources discovers new phosphate mineralisation at Rio Grande project

    08 October 2014

    The discovery of new phosphate mineralisation areas at Aguia’s Rio Grande project in Brazil is likely to boost the economic viability of the project. The country is heavily import reliant for phosphate and potash, and domestic producers may have a significant low logistical cost advantage.

  • Metso opens new European service centres as it expands in non-mining markets

    08 October 2014

    The Finnish company, which provides technology products and servicing to the mining industry, is expanding its service capabilities for the petrochemical and pulp and paper industries, indicating that opportunities in mining remain scant.

  • Omya agrees JV with Algol for Russian calcium carbonate and chemicals distribution

    08 October 2014

    Omya is one of the world’s leading suppliers of calcium carbonate products, but the Swiss company still sees room to expand in the Russian market. By teaming up with Finland-based chemical company Algol, the two firms hope they can grow market share in northeast Europe.

  • US drill rig count continues to rise as worldwide count appears ready to fall

    08 October 2014

    Baker Hughes rig count data shows a sustained rise in oilfield drilling over the past year for the US. Despite strong geopolitical instability in large production regions, oil prices have fallen recently on the back of strong US domestic production and Japanese plans to restart nuclear reactors. This raises the question of whether can the US sustain the frac sand boom on lower oil and gas prices, and whether the rest of the world due a fall in rig counts as demand falters.

  • Turkish drilling grade barite prices up by 8%

    07 October 2014

    Production costs, solid demand and Indian supply squeeze support value of Turkey-mined material

  • Rio Tinto confirms no merger with Glencore

    07 October 2014

    A merger between Rio Tinto and Glencore would have created a mining behemoth and must have been an attractive offer for Rio. It is surprising that the Anglo-Australian miner decided to reject the Anglo-Swiss trading group’s offer, especially in the face of slumping iron ore prices, but it shows a commitment to Rio’s new strategy, headed up by Sam Walsh.

  • DuSolo raises C$6.8m and receives positive drilling results

    07 October 2014

    Continued drilling at DuSolo’s Bomfim resource is providing encouraging results for the company, which hopes to produce fertilisers for the expanding Brazilian domestic market. The company has also raised capital which it will spend on development and on gaining full ownership of the project.

  • Minteq rumoured to be closing Chinese refractories plant

    07 October 2014

    The Minerals Technologies Inc. subsidiary has confirmed that its manufacturing facility in Suzhou, China, is still operational, but the company has suffered from the downturn in the global refractories market and is rumoured to be planning to close the plant down.

  • Baotou Rare Earth Exchange shows progress with 9,700 tonnes traded since April

    07 October 2014

    With a turnover of almost $320m since its inauguration and more than 90 companies involved in trading, the Baotou Rare Earth Products Exchange shows is operating efficiently.

  • Rum Jungle upgrades Ammaroo phosphate deposit resource by linking two mineralised zones

    07 October 2014

    ASX-listed Rum Jungle Resources has upgraded its Ammaroo phosphate resource by 55m tonnes following new drilling results. The company said the updates have resulted in a better geological understanding of the deposit, and that this compliments its recent prefeasibility study.

  • Wyoming bentonite mine to be discussed in public meeting

    07 October 2014

    Supply of bentonite out of Wyoming is said to be tightening, so news of a new source in the state is welcome. Little is known about the deposit itself, so at this stage it is difficult to ascertain for which market the Wilson Brothers have intended the new resources.

  • Yara CEO resigns while incoming CEO backtracks as CF Industries merger talks continue

    07 October 2014

    News that Yara’s CEO has resigned and the incoming replacement has decided to stay at Norsk Hydro will put an unwelcome sheen on merger talks with CF Industries.

  • Imerys Al Zayani Fused Minerals receives financial support for Bahrain WFA business

    07 October 2014

    The WFA plant in Bahrain came online in July this year and represents France-based Imerys’ first venture of this kind in the Middle East, in partnership with local investment groups. The project has enjoyed local encouragement as it fulfils a number of the Gulf State’s economic objectives.

  • Stans Energy sees support from Moscow Arbitration Court over Kyrgyzstan rare earth deposit

    07 October 2014

    With every positive indication it receives from the Arbitration Court, Stans is moving closer to being able to produce rare earths from its Kyrgyzstan-based resource and to receive liquidity for future investments – but that is only the beginning of the battle for the would-be miner, as the rare earth industry remains depressed and oversupplied.

  • US HFC push to ease downstream overcapacities

    07 October 2014

    End-market update: HFC phase-out in US to drive new fluorocarbon production

  • Iofina receives Montana water permit, reports spurt in September iodine output

    06 October 2014

    The US-based iodine producer has taken three attempts to secure permission to divert water from the Missouri River to sell to oilfield services companies, but this approval will help the company tackle the issue of brine being diverted for fracking as it looks to optimise its plants.

  • Uralkali potash production up 18.5% y-o-y in Q3 2014

    06 October 2014

    While Uralkali has been refocussing on a prices-over-volume strategy, its potash production for the year thus far has increased by over a quarter. The company continues to reposition itself following the discontinuation of the Belarusian Potash Co. joint marketing venture.

  • South Boulder completes preliminary process design for Eritrea SOP production

    06 October 2014

    SOP metallurgical tests have yielded positive results for South Boulder, which seeks to begin production at its low-capex, low-opex, open pit Eritrean potash project. Its low costs and high value end product could see significant profitability for the company, in a usually difficult potash market.

  • IM Rare Earth News in Brief 30 September – 6 October

    06 October 2014

    NunaMinerals SA partners with Kores to develop rare earth project in Greenland; Russia to exploit domestic rare earth resources; Fednav to provide shipping solutions to Quest Rare Minerals

  • European Lithium announces intention to list on AIM

    06 October 2014

    News that a European miner will seek to list on London’s AIM will be a welcome boost for the exchange as the mining sector has struggled to attract interest. There is, as yet, little information available from European Lithium, so all eyes will be on the exchange to find out more about this company over the next few weeks

  • Perlite Canada releases Q3 2014 financial results

    06 October 2014

    The perlite and vermiculite supplier has seen its revenues and earnings fall, following a weak set of sales, foreign exchange pressures, and write-downs of company property.

  • Rio Tinto hits back at “unsafe” allegation on eve of protest

    06 October 2014

    As a leading miner, all eyes are always on Rio Tinto to see how it responds to allegations like those being presented by IndustriALL. The Anglo-Australian miner is still among the only company’s which allows known protestors to attend AGM meetings and has always been open about its safety record.

  • Covanta Energy uses rare earth magnets to improve metal recycling

    06 October 2014

    By using a more powerful neodymium-based magnet to improve the efficiency of magnetic sorting systems, the engineering company is set to expand the range of applications of rare earth-based magnets, while increasing efficiency in waste processing and metals recycling.

  • Calls for cooperation in China’s fluorspar sector

    06 October 2014

    China fluorspar review: Upstream disorder creates price pressures as downstream markets seek to improve quality

  • Weak market stalls China’s graphite consolidation

    06 October 2014

    China graphite review: downstream investments continue as industry slump continues to limit upstream consolidation

  • Solvay Soda Ash to install new boiler in Bulgaria plant on cost-cutting drive

    03 October 2014

    Solvay is pushing ahead with its desire to remain in the soda ash business by vying to cut costs where it can. The new steam boiler requires significant investment, but will see energy costs, which are substantial in a synthetic soda ash operation, cut by between 6-7%.

  • Seasonal slowdown begins early in China graphite sector

    03 October 2014

    Supply update: Heilongjiang production falls moving into Q4; Luobei ore distribution prompts output reduction

  • Chinese barite price dips as Indian ore availability dries up

    03 October 2014

    Tender delay continues in India but end to US peak oil drilling season keeps lid on prices

  • Increase in royalties render Indian mineral prices among least competitive globally

    03 October 2014

    India is a significant producer of raw materials including barite (barytes), chromite and limestone, but higher resource taxes have pushed the price of these minerals well above global averages for both export and domestic markets.

  • AMMG looks to hydrochloric leach to lower costs

    03 October 2014

    The development of a well-established hydrochloric acid leach process, to recover high-purity alumina (HPA) from its aluminous clay assets in Australia, will allow AMMG to reduce operating costs and become competitive with current HPA producers in the world.

  • Nepal looks for private firms to operate magnesite mine

    03 October 2014

    The Nepalese government is seeking a private partners in the mining industry showing its determination to bring a magnesite quarry and processing plan back into production, which could produce dead burned magnesia, caustic calcined magnesia and talc, as well as helping to revive the country’s economy.

  • Owens-Illinois enters into glass joint venture with Constellation

    03 October 2014

    The news that O-I is expanding its reach is good for them – and for the industrial minerals which serve the glass container market. Soda ash facilities operating in the US, in Wyoming, include Solvay, FMC, Tata Chemicals and OCI.

  • I-Minerals quartz by-product tested successfully for use in glass

    03 October 2014

    The positive results from the tests means that not only will the company be able to glean revenue from its kaolin and halloysite offerings, it will also, potentially, be able to sell its quartz tailings product to glass manufacturers.

  • Colombus Castings to expand largest foundry in US

    03 October 2014

    The news that Colombus is expanding is positive for the foundry minerals market as it potentially means a higher demand for the raw materials used to make applications for the metal casting industry.

  • IM Potash News in Brief: 26 September — 3 October

    03 October 2014

    Agrium releases expectations for H2 2014 results; BHP Billiton sends its top project manager to Jansen; K+S to spend €400 over 60 years on environmental mitigation.

  • RB Energy financing scuppered by unreceptive market

    03 October 2014

    The company admitted last month that it was facing financial hardship and was planning to sell its Chilean iodine project. Today RB Energy has said it may need to shut down its lithium project in Canada if it cannot secure the funding necessary to keep it afloat.

  • Indian Farmers eye titanium sponge plant

    03 October 2014

    With the fertiliser market bottomed and seemingly on the up, India’s vast mineral sand deposits for the production of titanium sponge would be also be boost for mineral sand producers and domestic end users.

  • Frac Sands 2014: The frack fight

    02 October 2014

    At IM’s 2nd Frac Sands Conference in Minneapolis there was no doubt that demand for frac sand is growing due to increased activity in the oil and gas industry. However, the question was how to manage this growth and how the industry can work together with those opposing increased frac sand mining and fracking for the good of local communities.

  • Venezuela secures dolomite and limestone imports

    02 October 2014

    State steel firm Sidor receives government aid to import shipments of dolomite and limestone, however this is unlikely to translate in a rise in demand for these minerals.

  • US FOB warehouse potash prices rise to over $400/s.ton

    02 October 2014

    Tight supply conditions for the remainder of 2014 to support fertiliser values

  • Group DF confirms TiO2 production suspended in Ukraine

    02 October 2014

    After the closure of its ammonia facilities owing to the political instability in Ukraine, Group DF has now had its TiO2 operations forcefully disrupted, and all manufacturing has ground to a halt. The company has however said that it will not move away from TiO2 as a core business.

  • Price Briefing 26 September – 2 October

    02 October 2014

    Antimony prices drop while magnesia and fertiliser minerals see gains

  • Tasnee to increase stake in Cristal to 79%

    02 October 2014

    The Saudi-based company has submitted an offer to Gulf Investment for $479m, which it plans to fund through its own cash reserves. It has already entered into a JV with Cristal for titanium sponge production to encourage vertical integration in the company.

  • FLSmidth to supply mining services to PT Antam in Indonesia

    02 October 2014

    By signing a memorandum of understanding (MoU) with Indonesian bauxite and alumina producer, PT Antam, the Danish engineering company is consolidating its position as an equipment supplier in Indonesia – an industrial minerals-rich country in which FLSmidth already has an established presence.

  • Nordkalk announces redundancies at Storugns limestone plant in Sweden

    02 October 2014

    Planning constraints at Nordkalk AB will result in a series of redundancies taking place in 2015, following codetermination negotiations with the company’s employees. The mining company aims to continue mining limestone at the Klinthagen site, and has reapplied for permits at what is the largest limestone extraction site in Scandinavia.

  • Victory Nickel enters option for acquisition of high quality frac sand deposit

    02 October 2014

    The company, which is aiming to increase production of high quality frac sand to 1.5m tpa in the next two years, is looking to purchase a package of land, which Victory Nickel said contains one of the highest quality silica sand deposits. This will enable it to continue with the second phase of its development plan.

  • RHI halts acquisition of magnesite plant and mining rights in Turkey

    02 October 2014

    The refractory company said that contractual conditions for the acquisition of mining rights over a magnesite deposit in Turkey were not fulfilled, and it has therefore decided not to pursue the acquisition. RHI will now have to look for alternative sources in order to continue being as self-sufficient as possible in sourcing raw materials.

  • Graphite News in Brief 25 September – 2 October 2014

    02 October 2014

    Stratmin pare down production to save costs; Graphene NanoChem sign $5.6m sales order

  • Excess supplies continue to stall fluorspar price rises

    02 October 2014

    Fluorspar price review: Acidspar prices edge upwards as margins grow for metspar

  • Flake graphite market divided as price rises begin

    02 October 2014

    Graphite price review: Chinese market split as production slows; Indian price revision underway

  • Huntsman purchase of Rockwood TiO2 business gets final go-ahead

    01 October 2014

    The deal, which initially raised antitrust concerns, has now been given final approval from the European Commission. The $4bn purchase will make Huntsman the second largest TiO2 producer globally.

  • Western Lithium subsidiary Hectatone signs US distribution agreement

    01 October 2014

    The distribution agreement is significant for two reasons. Firstly, it underscores that the drilling mud product the company is producing is of a high enough quality to be distributed by the only trader for this market in the US. Secondly, it is only for part of the product and for five states, which leaves Hectatone ample opportunity to approach buyers directly.

  • Fused magnesia prices expected to plummet in wake of capacity expansion

    01 October 2014

    A significant increase in global FM production could pull prices down and hurt higher-cost producers, traders say.

  • SGS expand reach with Belgian testing acquisition

    01 October 2014

    The acquisition on Belgian Applus+ is the latest in a string of acquisitions made by SGS, which provides testing services to many industrial minerals companies. An expansion of SGS's reach then, benefits the industrial minerals industry as a whole.

  • Australian Zircon mineral sands project to cost $295m in construction

    01 October 2014

    Following the completion of the company’s BFS, the Australian junior is now looking to finalise capital raising for the project. The company is also in marketing discussions for offtake agreements for the remainder of its THM production.

  • PhosAgro may increase DAP deliveries to Brazil following suspension of import duties

    01 October 2014

    The decision by CAMEX to remove import duties on high quality diammonium phosphate fertilisers represents an opportunity for PhosAgro to strengthen its Latin American presence, as the region currently represents only 25% of the company’s annual exports. Brazil has low domestic production volumes for fertilisers, despite it being an important fertiliser market with a large amount of arable land.

  • First bulk dolomite sale made by CGrowth Capital

    01 October 2014

    The news of a new dolomite supplier is significant as the market is concentrated between only a few producers. The price, at $54/tonne, falls below levels asked in China for the material, but without knowing the product specifications it’s hard to gauge which market the shipment is intended for.

  • IM Lithium News in Brief 30 September – 1 October 2014

    01 October 2014

    Bacanora to commence drilling at La Ventana; Orocobre points to grid storage opportunity

  • CFO of leading potash producer Uralkali resigns

    01 October 2014

    Belyakov will continue on at the company following his resignation to aid the transition of interim CFO Vishanenko. This is just one of a number of management changes in Uralkali following the demerger between Belaruskali in the BPC joint marketing venture.