News

Jervois Global moves a step closer to São Miguel Paulista refinery restart in Brazil
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Jervois Global completes BFS for Stage 1 of São Miguel Paulista Nickel and Cobalt refinery restart to process mixed nickel hydroxide and cobalt hydroxide through to metal.

Will the Zambian Government find an investor for Mopani Copper Mines?
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Zambia’s Government is close to finding an investor for Mopani Copper Mines, according to President Hakainde Hichilema.  However, it is likely that the assets will need considerable improvement. 

Indonesian minister meets with Elon Musk to discuss nickel and battery industry
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Coordinating Minister for the Economic Affairs Luhut Binsar Pandjaitan met with Tesla CEO Elon Musk in Austin, Texas, to restart talks about the possibility for Tesla to take part in the nickel and battery industry in Indonesia.

Message From Senior Leadership
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Launch - 2022 Week 18

Nornickel Q1 results show mixed fortunes for nickel, copper and palladium
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Nornickel Q1 nickel production rose year-on-year owing to the recovery of two of its mines after flooding in 2021.  Copper output was flat, while palladium output fell when compared to the high levels produced in Q1 2021.

With the neodymium market tightening, can Ce-NdFeB magnet technology step up?
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The Department of Magnetic Materials in the Powder Materials Division at the Korea Institute of Materials Science (KIMS) published results on improved magnetic properties for Ce-NdFeB magnets.

Japan’s Sumitomo Metal Mining to exit Indonesian Pomalaa nickel partnership with Vale
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After a disagreement over construction scheduling and costs, the partners will no longer work together on the 40ktpy nickel mixed sulphide precipitate project in Indonesia.

South African media shines spotlight on large-scale illegal chromite mining in North West
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The number of large-scale illegal chromite mining operations in the heart of the country's Western Bushveld is increasing. Many illegal mines are now mechanised and are operating in broad daylight.

Shaeffler signs rare earths deal with hopes to produce its own e-motor magnets
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German auto parts supplier Schaeffler has signed a five-year deal with Norway's REEtec to supply rare earth oxides from 2024 to support its transformation into an e-motor supplier with captive magnet production.

Mexico continues with plans to nationalise its future lithium production
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Mexico's Congress passed a bill to nationalise lithium, tightening control over its domestic supply chain.  The bill has attracted some criticism, on the grounds that it may prevent or limit investment into Mexican mining projects.

US US Department of Energy to fund Syrah Technologies graphite facility
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The US Department of Energy’s (DOE) Loan Programs Office announced a conditional commitment to lend up to US$107M to Syrah Technologies for its Syrah Vidalia Facility in Louisiana.

General Motors the latest automotive OEM to source cobalt from Glencore's Murrin Murrin
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Glencore and General Motors have announced a multi-year sourcing agreement in which Glencore will supply the automotive giant with cobalt from its Murrin Murrin operation in Australia.  

Ferroglobe looking to increase silicon metal output at its USA and RSA plants
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Ferroglobe, one of the key silicon metal and ferrosilicon producers outside of China, is planning to ramp up output at its US plant and restart its South African plant, the latter idle since 2019.

Canada's Government to spend big on critical materials, setting aside US$3Bn in investment
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Canada’s federal budget promised grants for mineral surveying, processing, and recycling, as well as tax credits for digging new mines and subsidies for infrastructure, though it did not reduce regulatory oversight.   

Australian Vanadium advances eponymous vanadium pentoxide and ferrotitanium project with BFS
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ASX-listed Australian Vanadium published a BFS this week, positioning it as one of the most advanced projects in the vanadium space.  Next steps include regulatory approvals with an investment decision planned for Q4 2022.

All change for Vale in Brazil as it moves to sell manganese and iron ore mines
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Brazil's Vale has agreed to sell its manganese and iron ore mines worth in central Brazil to holding company J&F Investimentos. The company also signed an agreement to build a “green” pig iron plant in the city of Marabá,

Australia's Government announces funding for Illuka rare earths refining
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The government of Australia announced a loan of AUD1.25Bn (US$0.9Bn) from its Critical Minerals Facility to Iluka Resources (Iluka) for the development of a rare earths refinery in Kalgoorlie, Western Australia.

Will exploration for strategic materials in Oman help to further establish its chromium industry?
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State-owned Minerals Development Oman is currently conducting geophysical surveys to explore for strategic resources including copper, chromium and other metals and minerals, across Oman.