Plans for a groundbreaking rare earths refinery in East Yorkshire have been scrapped, after the company behind the project decided to seek investment in the US instead. Pensana has spent the past seven years developing a rare earths mine in Angola. The project, one of the largest of its kind in the world, will begin delivering raw materials in 2027. The firm had planned to build a refinery at the Saltend Chemicals Plant near Hull to process the materials into metals used to create powerful magnets. But Pensana said moves by China to keep rare earth prices low has made refining in…
Author: Staff Writer
Malaysia’s copper scrap market has remained struggles in recent years, with both upstream traders and downstream smelters under increasing pressure. According to SMM, this situation is closely related to the government’s intensified import supervision since 2021, particularly the stringent inspection regime enforced by SIRIM (Standards and Industrial Research Institute of Malaysia). Unless import standards are revised or clearance procedures streamlined, Malaysia risks losing its competitiveness and influence within the Southeast Asian recycled metals market. 1.Industry Struggles Under Policy Tightening Malaysia’s copper scrap market has remained struggles in recent years, with both upstream traders and downstream smelters under increasing pressure. According…
On Monday, October 13, the International Lead and Zinc Study Group (ILZSG) stated that the global refined zinc and refined lead markets are expected to face a significant supply surplus in 2026. Lead The group anticipates that global refined lead supply will exceed demand by 91,000 mt in 2025. In 2026, the global refined lead surplus is projected to be slightly larger, reaching 102,000 mt. ILZSG forecasts that global refined lead demand will increase by 1.8% to 13.25 million mt this year and grow by 0.9% to 13.37 million mt in 2026. Global refined lead production is expected to climb…
On February 25, 2025, a large-scale nationwide power outage occurred in Chile, which had a certain negative impact on Chile’s copper production. According to SMM, the nationwide power outage in Chile began at 3:00 PM local time on February 25, 2025, and power supply gradually resumed in various regions starting at 9:00 PM on February 25, 2025. Data from Chile’s National Statistics Institute showed that Chile’s copper production in February 2025 was 394,500 tonnes, lower than the annual monthly average of 440,000 tonnes. Copper mines such as Chuquicamata, Salvador, El Teniente, Spence, Collahuasi, and Quebrada Blanca experienced varying degrees of…
Gold prices fell more than 2% after scaling another record on Friday, as investors pulled away from the safe-haven metal following US President Donald Trump’s comments that eased concerns of an escalating trade war with China. Spot gold dropped as much as 2.2% to a daily low of $4,220.10 per ounce, erasing most of its gains over the past two days. Earlier, it had notched another all-time high of $4,378.69 per ounce. US gold futures also plunged from a high of $4,392 per ounce, now trading at about $4,236.20 an ounce for an intraday loss of 1.6%. Prior to the…
The Firm Made Them Sign Away Their Rights First China’s Sino-Metals Leach Zambia spilled toxic sludge into communities and rivers, an accident that could cost billions to clean up and restore. The firm got impoverished and often illiterate villagers to sign away their right to sue in exchange for government-ordered payments ranging from $17 to $2,000. A Chinese mining company that spilled toxic waste on impoverished Zambian villages got people to waive their right to sue using a government-ordered compensation process, according to documents reviewed by Inside Climate News. In July, the Zambian government ordered Sino-Metals Leach Zambia to provide…
R. Subramaniam, AGR Data Companies, discusses how India’s coal’s use will persist even because the nation transitions to cleaner vitality sources. Coal hardly ever will get good PR. Say the phrase and most of the people image smog, soot, and destruction. It’s the fossil gasoline nobody needs to like, however the inconvenient fact is India nonetheless runs on coal, and that won’t change in a single day. Practically half of India’s vitality demand is met by coal. This isn’t solely because of legacy techniques, but in addition due t? scale, value, and availability. When powering a nation of 1.4 billion…
Artisanal mining is a well-liked time period used to explain to casual mining actions carried out with little or no mining expertise. Miners on this sector are semi-skilled and make the most of hand-tools with minimal use of equipment, if any, to hold out their operations. The time period “artisanal mining” and “small-scale mining” have at all times been used collectively as a result of the operations are intently associated and it’s nearly not possible to separate the 2. Artisanal mining particularly refers to subsistence mining; the place the miner works independently utilizing hand-tools to extract minerals. Small-scale mining refers…
White Cliff has now found its first sediment-hosted copper system on the Rae undertaking in Nunavut. Pic: Getty Pictures White Cliff finds sediment-hosted copper accompanied by semi-massive sulphide veining throughout maiden drilling at Rae The corporate has expanded its landholdings to the north to safe a newly recognized intersection of the Herb Dixon Fault Comply with-up drilling is underway on the Stark goal space Particular Report: Maiden drilling at White Cliff Minerals’ Rae undertaking in Nunavut, Canada has uncovered sediment-hosted copper, accompanied by semi-massive sulphide veining instantly beneath the copper-bearing sediments. The primary confirmed prevalence of a sediment-hosted copper system…
Having prospered in Argentina, Energy Minerals is now planting its flag in Brazil’s niobium and uncommon earths scene at Santa Anna. Pic: Getty Photos Crucial minerals are scorching property and South America would possibly maintain the important thing to securing provides Energy Minerals is progressing its Argentinean lithium brine JVs in the direction of pilot-scale manufacturing It’s also specializing in exploring for and defining a niobium and REE useful resource on the Santa Anna challenge in Brazil Crucial minerals have been hogging the limelight each time the dialogue swings round to assets, and for good purpose. The commodities are essential…