As part of a MoU experiences will be shared and tests will be conducted in the state-owned mining company’s divisions to promote industry decarbonization and sustainable development.
The Board of Directors of Metso has appointed Sami Takaluoma as the new President and CEO of Metso. He will assume his duties on November 1, 2024.
Founders Metals' Antino gold project is located in southeastern Suriname near the border with French Guiana.
Fortuna Mining Corp. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, and Peru, as well as the preliminary economic assessment stage Diamba Sud Gold Project located in Senegal.
State copper producer Codelco to collaborate with mines automation specialist ABB on digital solutions and electrification across Chilean mining operations
ABB’s contributions to Chile’s mining sector demonstrate the possibilities of aligning sustainability with economic growth. With a clear focus on electrification, digitalization, and renewable energy, ABB and its partners in Chile are setting the standard for sustainable mining.
Currently, China dominates the global market for rare earths, accounting for 70% of mine output and 89% of refining.
The metal used in stainless steel and batteries rose as much as 1.3% on the London Metal Exchange, building on last week’s 5.9% rally as China’s stimulus program jolted investors who’ve been bearish on nickel’s prospects.
The mining giant said the power transmission network is expected to be restored by Oct. 15
The Mexican Mining Chamber (Camimex) opposes the ban on open-pit mining, saying such a prohibition would cause a 1% contraction in the country’s GDP and threaten some 200,000 jobs.
In China, for instance, consumption outpaced the global average between 2020 and 2023, but the country’s demand for energy transition metals is expected to peak in 2030.
Rio Tinto is already a top producer of another coveted battery metal, copper, and has set as goal to produce 1 million tonnes of the metal annually within the next five years.
According to the contracting company, if it goes bankrupt, it would result in the loss of employment for 101 workers and affect another 57 contractor employees.
At a depth of 252 meters in a drilling at Salar de La Isla, average total lithium concentrations of 921 mg/l and a maximum of 979 mg/l have been found.
The companies will work together to advocate for the use of copper with high recycled content and explore options for end-of-life take back initiatives.
The Argentine project, Lunahuasi, yielded some of the highest-grade copper, gold, and silver intersections drilled anywhere in the world.
With its disruptive technology for sustainable copper processing, UdeC spin-off Kofiln was selected among the 13 winning startups of the Sustainable Mining Challenge.
Once the rare earth processing plant in the province of Canada is fully operational in early 2025, it will produce approximately 400 tonnes of metals per year.
The annual energy inflation in Latin America and the Caribbean, as of July 2024 (compared to July 2023), was 4.45%.
According to company’s estimates, the asset has 83 million tonnes of measured and indicated resources and 74 million tonnes of inferred resources, or 157 million tonnes of resources in total.
The move marks an effort to get around Canadian regulatory controls that industry players said was bound to happen amid inconsistent and overbearing reactions to Chinese investment.
SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development.
Codelco's announcement of buying the 10% stake that Enami holds in Quebrada Blanca might not be enough for the state-owned company to maintain its leadership as the world's leading copper producer.
The acquisition strengthens the Corporation's strategy of reinforcing its position in major mining assets through partnerships.
The National Strategic Public Company for Bolivian Lithium Deposits prioritized negotiations with at least four international companies.
Deal may help Codelco retain title of biggest copper supplier.
Lithium is currently mined from two types of lithium resources: hard rock minerals and brines. Despite brine resources constituting the majority of global lithium reserves, over 60% of lithium production comes from hard rock mining.
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