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Jervois shortlists locations for US cobalt refinery
26th February 2024 By: Mariaan Webb

Australia-based Jervois Gobal has identified two preferred locations for its bankable feasibility study (BFS) for a US-located cobalt refinery, with AFRY USA leading the initiative. The shortlisted... 


Pensana concludes term sheet for up to $156m in finance for Longonjo
26th February 2024 By: Sabrina Jardim

London-listed rare earths project developer Pensana, through its 84%-owned subsidiary Ozango Minerais, which owns 100% of the Longonjo project, in Angola,  has concluded a nonbinding term sheet... 


Jubilee Metals in South Africa and Zambia.
South Africa’s Jubilee Metals continuing to grow copper strongly in Zambia
26th February 2024 By: Martin Creamer

The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and... 


Lithium Universe secures industrial land for Quebec refinery
26th February 2024 By: Creamer Media Reporter

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Cobalt Blue considers downscaling Broken Hill project
26th February 2024 By: Creamer Media Reporter

Australia’s Cobalt Blue has initiated a strategic review of its Broken Hill Cobalt Project (BHCP) in New South Wales, contemplating the viability of a scaled-down operation amid challenging cobalt... 


Alcoa aims to take out Australian partner Alumina in $2.2bn deal
Alcoa aims to take out Australian partner Alumina in $2.2bn deal
26th February 2024 By: Reuters

US aluminium producer Alcoa on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina, valuing the company at $2.2-billion in an all-stock offer.... 


Image of Worsley Alumina operation
Worsley Alumina, Australia
23rd February 2024 By: Sheila Barradas

A bauxite mine 130 km south-east of Perth, in Western Australia.  


Image of mounds of rare earths
Eneabba rare earths refinery, Australia
23rd February 2024 By: Sheila Barradas

Iluka Resources confirmed a major cost overrun at its refinery on February 21. 


Ivan Vella started as IGO CEO in December
Lithium producer IGO beats on profit, shares up
22nd February 2024 By: Reuters

Australia's IGO reported interim underlying profit ahead of analysts' expectation on Thursday, even as the battery metal producer reeled from falling prices of key commodities, and said it did not... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


Iluka MD Tom O'Leary says the Eneabba refinery project has not been immune to inflation
Iluka confirms cost blowout at Australian rare earths refinery
21st February 2024 By: Mariaan Webb

Critical minerals company Iluka Resources on Wednesday confirmed a major cost overrun at its Eneabba rare earths refinery, stating that the project would cost between A$1.7-billion and... 


The deal is a major step in the work to repower the Gladstone production assets, including the Boyne aluminium smelter (pictured), Yarwun alumina refinery and Queensland Alumina refinery.
New deal makes Rio Tinto Australia’s biggest renewable energy buyer
21st February 2024 By: Creamer Media Reporter

Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity... 


Forge Academy launches new 4IR training centre in partnership with Sibanye-Stillwater
19th February 2024 By: Schalk Burger

Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two... 


Africa moves a step closer to continent’s first cobalt refinery
15th February 2024 By: Bloomberg

Africa could have its first cobalt sulphate refinery by the end of 2025, one of the few outside of China capable of making the product that’s a key component of lithium-ion batteries. Nigeria-based... 


Despite weak lithium prices, Albemarle beats on cost cuts
Despite weak lithium prices, Albemarle beats on cost cuts
15th February 2024 By: Reuters

Albemarle, the world's largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to... 


Electra CEO Trent Mell
Electra receives govt grant for Ontario cobalt sulphate refinery
12th February 2024 By: Creamer Media Reporter

The Canadian government made a $5-million investment to support the construction of North America’s first cobalt sulphate refinery, dual-listed Electra Battery Materials reported on Friday. The... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


An image depicting Jubilee CEO Leon Coetzer.
Jubilee embarks on Zambia expansion strategy
8th February 2024 By: Sabrina Jardim

Metals processing company Jubilee Metals aims to expand its operations in Zambia to produce an initial 25 000 t/y of copper. The strategy includes the expansion of Jubilee’s copper resource base... 


Talga bolsters leadership
7th February 2024 By: Creamer Media Reporter

Battery metals and technology company Talga on Wednesday announced the appointment of Martin Phillips as group CEO, bolstering the company’s leadership as it executes on its Vittangi anode project... 


Bolivia to ink $350m deal in Chinese financing for first zinc refinery
7th February 2024 By: Reuters

Bolivia's government will sign a deal with China on Tuesday for $350-million in financing to build the South American country's first zinc refining plant, Bolivia's Mining Ministry said. The... 


Optimisation study yields strong support for Globe’s Malawi niobium project
6th February 2024 By: Mariaan Webb

Australia-listed Globe Metals and Mining has achieved significantly improved economic and environmental outcomes from its Kanyika niobium project, in Malawi, through an optimisation study that... 


Astron Energy supports mining customers at Mining Indaba
Astron Energy supports mining customers at Mining Indaba
5th February 2024

Southern African petroleum products supplier Astron Energy is an enabling partner in the mining industry and its presence at the Investing in African Mining Indaba is just one of the many ways the... 


A conveyor at the QAL refinery
Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal
2nd February 2024 By: Reuters

Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland,... 


Fortune extends option to acquire Alberta refinery site
2nd February 2024 By: Creamer Media Reporter

Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a... 


Periodic table symbol for nickel
Baptiste nickel project, Canada – update
2nd February 2024 By: Sheila Barradas

FPX Nickel has closed the private placement financing for the project with new cornerstone investor Sumitomo Metal Mining.  


Blackstone executives volunteer to reduce cash-based salaries
Blackstone executives volunteer to reduce cash-based salaries
1st February 2024 By: Mariaan Webb

ASX-listed Blackstone Minerals, which is developing an integrated battery metals processing business in Vietnam to produce nickel/cobalt/manganese precursor products, has announced cost-cutting... 


Albemarle lays off 4% of its global workforce
Albemarle lays off 4% of its global workforce
30th January 2024 By: Bloomberg

Albemarle, the world's largest lithium producer, has laid off more than 300 employees, or 4% of its workforce, as part of a previously announced round of cost-cuts, The Information news site... 


Image of periodic table symbol for nickel
Nickel refinery, South Korea
26th January 2024 By: Sheila Barradas

Korea Energy Materials plans to build an all-in-one nickel refinery in Ulsan, South Korea. 


De Beers Image
Transforming the diamond space, one small business at a time
26th January 2024

Using its hands-on experience to adapt for greater impact, diamond miner De Beers’ Beneficiation Programme continues to put in the ‘hard yards’ to transform the diamond space through sustainable... 


1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations
1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations
24th January 2024 By: Mariaan Webb

Miner Rio Tinto is set to lead the development of Australia’s biggest solar power project, near Gladstone. The company has committed to buying all electricity generated the 1.1 GW Upper Calliope... 


An image depicting Jubilee CEO Leon Coetzer.
Jubilee achieves ‘robust’ second-quarter production performance
23rd January 2024 By: Sabrina Jardim

Metals processing company Jubilee has delivered a robust second-quarter operational performance and remains on track to meet its guidance for the full 2024 financial year. Chrome concentrate... 


Premier Cook throws weight behind proposed cobalt/nickel refinery
19th January 2024 By: Mariaan Webb

Western Australia Premier Roger Cook has thrown his weight behind the proposed cobalt and nickel refinery that Cobalt Blue Holdings and its partner Iwatani Australia plan to build in the Kwinana... 


The Nickel West operation
BHP 'evaluating options' at Nickel West amid price slump
18th January 2024 By: Mariaan Webb

Diversified mining company BHP is “evaluating options” at its Nickel West mine, in Australia, to mitigate the impacts of the sharp fall in nickel prices, CEO Mike Henry said on Thursday. Nickel... 


Albemarle to cut staff, pause expansions amid falling lithium prices
Albemarle to cut staff, pause expansions amid falling lithium prices
17th January 2024 By: Reuters

Albemarle, the world's largest lithium producer, said on Wednesday it will cut jobs and defer spending on a US refinery project in a wide-ranging plan to slash costs amid falling prices of the... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


PTM progresses studies towards PGMs smelter, refinery in Saudi Arabia
15th January 2024 By: Marleny Arnoldi

Canada-headquartered miner Platinum Group Metals (PTM) continues to progress a market study that seeks to identify potential global sources of platinum group metals (PGMs) concentrate that could... 


ERG CEO Benedikt Sobotka
ERG guns for cobalt refinery development in Saudi Arabia
12th January 2024 By: Darren Parker

Diversified mining company Eurasian Resources Group (ERG) is pursuing the development of a refinery to process cobalt hydroxide into cobalt sulphates, the primary form of supply for cobalt-bearing... 


Grupo Mexico weighs bid for First Quantum’s Spanish mine
Grupo Mexico weighs bid for First Quantum’s Spanish mine
11th January 2024 By: Bloomberg

Grupo Mexico is among several firms considering bids to buy a Spanish copper mine from First Quantum Minerals, as the Canadian metals producer seeks to bolster its balance sheet after its flagship... 


Supported are production, transport, storage, industrial application, fuel cell energising and recycling.
Major new global hydrogen thrust brightens spotlight on platinum group metals
10th January 2024 By: Martin Creamer

A major new initiative by long-standing South Africa associate Heraeus Precious Metals this week drew renewed and intensified attention to the widespread role of platinum group metals (PGMs) in the... 


Administrators suspend Savannah nickel operations, 140 redundancies
Administrators suspend Savannah nickel operations, 140 redundancies
9th January 2024 By: Mariaan Webb

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia, affecting 140 workers who will be made redundant over the... 


Alcoa to mothball Western Australia alumina refinery, up to 1 050 staff at risk
Alcoa to mothball Western Australia alumina refinery, up to 1 050 staff at risk
9th January 2024 By: Reuters

US aluminum producer Alcoa said on Tuesday it planned to stop production in 2024 at its loss-making Kwinana Alumina Refinery in Western Australia because of challenging market conditions and the... 


Employee wearing a hard hat in an underground gold mine
Zimbabwe rescues 15 trapped miners alive – Mines Minister
7th January 2024 By: Bloomberg

An emergency operation managed to rescue all 15 small-scale Zimbabwean gold miners who had been trapped for four days after a shaft collapsed, according to Mines Minister Soda Zhemu. ”They are all... 


Chile copper miner Codelco reaches contract agreements with 3 unions
18th December 2023 By: Reuters

Chilean miner Codelco, the world's No. 1 copper producer, said on Monday it reached contract agreements with three unions, putting off the risk of a strike at the state-run giant. Codelco reached... 


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