Codelco eyes partnerships to help boost ailing copper production
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a production slump and surging debt.
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Visit: 38
China state planner finalizes rule to set up coal production reserve system
China’s state planner on Friday finalized a rule to set up a domestic coal production reserve system by 2027, aimed at stabilizing thermal coal prices and supplies to power plants.
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Visit: 69
Peabody falls as production issues, weather crimp coal sales
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the US.
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Visit: 64
Vulcan Energy starts its first lithium chloride production in Germany
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.
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Visit: 61
Vietnam to invest $7.3bn to boost alumina, aluminum production
Vietnam’s top miner Vinacomin plans to invest 182 trillion dong ($7.3 billion) to ramp up its alumina-aluminum production to meet the country’s rising demand for the metal, the government said on Tuesday.
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Visit: 66
Graphjet Technology to build agricultural waste-to-graphite production plant in Nevada
Graphjet Technology, a Malaysia-headquartered developer of technologies to produce graphite and graphene directly from agricultural waste, announced Monday it plans to build a commercial artificial graphite production facility in Nevada.
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Visit: 58
15% increase in DRI production in Hormozgan Steel Company
Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the increase in production and the realization of the organization's goals, with the efforts of colleagues, in the nine months of this year, the company's sponge iron production has increased by 15% compared to the same period last year.
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Visit: 86
Chile’s mining production up 7.7% in February
Chile’s mining production is starting to turn the corner after months of a sustained output slump, with the country’s total output up 7.7% in February from the same month last year.
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Visit: 37
China copper smelters move closer to possible 10% production cut
Chinese smelters, which produce over half the world’s supply of refined copper, moved a step closer to implementing a joint output cut after tightening ore supplies drove processing fees to near zero.
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Visit: 74
China’s top copper smelters agree on rare joint production cuts
Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to sources with knowledge of the plans.
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Visit: 62
Jervois Global blames Chinese overproduction for job cuts
Australian miner Jervois Global Ltd. is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply.
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Visit: 71
China’s copper smelters to discuss production cut as fees slump
China’s biggest copper smelters are set to meet in Beijing next week to discuss measures to counter a plunge in ore processing fees to the lowest level in years, including potential production cuts.
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Visit: 66
Graphjet Technology advances production timeline at Malaysia manufacturing plant
Graphjet, a developer of patented technologies to produce graphite and graphene directly from agricultural waste, announced Monday it has accelerated the timeline for its planned manufacturing plant in Malaysia.
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Visit: 87
A new record in daily DRI production for HOSCO
Mining News Pro - The first daily production record of Hormozgan steel was recorded with the production of 5958 tons of sponge iron on April 13 this year.
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Visit: 50
China’s top coal producing region tells miners to curb overproduction
China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.
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Visit: 83
Codelco logs December production setback
Chile’s top copper miners closed out 2023 unevenly, with state-run copper miner Codelco logging a setback in December, according to figures released on Monday by the Chilean Copper Commission (Cochilco).
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Visit: 87
NextSource to reach full production at Molo graphite mine by July
NextSource Materials said on Monday it planned to achieve nameplate capacity of 17,000 tonnes of concentrate per annum at its Molo graphite mine in Madagascar by July.
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Visit: 97
Vedanta beats Q3 profit view on production
Indian metal-to-oil conglomerate Vedanta reported a smaller-than-expected drop in third-quarter profit on Thursday, as an uptick in production and sales outweighed lower metal prices.
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Visit: 87
McClean Lake uranium mine in Canada to resume production
Denison Mines and joint venture partner Orano Canada said on Wednesday they will restart the McClean Lake mine, located in the uranium-rich Athabasca Basin in northern Saskatchewan, amid improving project and commodity economics.
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Visit: 100
Peru copper production in November up 10.9% from year ago
Copper production in Peru rose 10.9% in November from the year-ago month to 253,582 metric tons, the Andean nation’s mining ministry said on Friday.
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Visit: 107
Hecla’s Lucky Friday silver mine resumes production
Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, US, after being halted in September last year to complete repair work on areas damaged by wildfires in August.
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Visit: 68
India’s plans to double coal production ignore climate threat
As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity, fast.
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Visit: 80
US seeks to jumpstart production of higher-energy uranium now made in Russia
Mining News Pro - The US is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels for use in a next generation of reactors, a fuel currently only available in commercial levels from Russia, the Department of Energy said on Tuesday.
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Visit: 85
Thungela says “not yet” cutting jobs despite production curbs
Mining News Pro - Thungela Resources does not plan broad job cuts at its South African coal mines despite ongoing output curbs, as it plans to re-deploy staff to new projects that will start producing next year, CFO Deon Smith said on Wednesday.
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Visit: 86
Obtaining safe and reliable iron ore reserves for the continuation of MSC production
Mining News Pro - In an interview with Foolad Radio, the director of mineral processing of Mobarakeh Steel Company stated: “Access to reliable iron ore reserves is for the continuation of the production of Mobarakeh Foulad Group.”
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Visit: 153