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Ichthys ships first LNG to Japan

By: Esmarie Iannucci     23rd October 2018 The Ichthys liquefied natural gas (LNG) has shipped its first LNG from its onshore gas liquefaction plant in Darwin, in the Northern Territory. Operator Inpex on Tuesday said that the first shipment of LNG was destined for the Inpex-operated Naoetsu LNG terminal in Japan, and followed the first... 

Marginal increases in lead, zinc demand expected in 2019

By: Nadine James     19th October 2018 In a report released last week, the International Lead and Zinc Study Group forecast that there would be marginal increases in demand for lead and zinc in 2019.  The ILZSG forecasts that global lead demand will  rise by  0.7% to 11.79-million tonnes in 2019, compared with the 11.71-million tonnes... 

Mercedes-Benz rolls out fuel-cell SUV to tackle tech hurdles

By: Bloomberg     10th October 2018 Mercedes-Benz will soon start handing over its latest fuel-cell electric car to fleet customers to keep a toe-hold in a promising technology that’s been hampered by the difficulties of storing and refueling hydrogen. The Mercedes-Benz GLC F-Cell model combines a fuel cell with a battery that can... 

India's aluminium makers win Japan sales in market shake-up

By: Reuters     8th October 2018 Indian aluminium makers including Hindalco Industries and Vedanta Ltd are boosting sales to Japan as US sanctions against Russia's Rusal and import tariffs shake up traditional supply routes. India's product has generally not been regarded as high enough quality by Japan's demanding buyers, who... 

Radebe outlines additional cost of coal IPPs to consumers

By: Terence Creamer     1st October 2018 Energy Minister Jeff Radebe has confirmed that electricity consumers will pay 1.9c/kWh more by 2030 on a projected electricity tariff of 119c/kWh to accommodate the two independent power producer (IPP) coal-fired power stations included in the draft 2018 Integrated Resource Plan (IRP 2018) – a... 

Orocobre appoints new leadership

By: Esmarie Iannucci     1st October 2018 ASX- and TSX-listed Orocobre has appointed Martin Perez de Solay as its new CEO and MD, following a global search by a recruitment specialist. De Solay will commence in the roles following the company’s annual general meeting, and a transition period with current MD and CEO Richard Seville. 

Marubeni says Thabametsi unaffected by group’s policy to halve coal capacity by 2030

By: Terence Creamer     27th September 2018 Japan’s Marubeni Corporation reports that the development of the Thabametsi coal-fired power station, in South Africa, has not been affected by the group’s September 18 policy decision to “no longer enter into any new coal-fired power generation business”. As part of the policy change, Marubeni... 

Westwater CEO expects continued uranium price rise

By: Creamer Media Reporter      21st September 2018 Nasdaq-listed Westwater Resources, which owns uranium project in Texas and New Mexico, is upbeat about the uranium market and says he believes that prices will continue to rise in the near term. In a news release on Friday, CEO Christopher Jones laid out a case for higher prices detailing how... 

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Glencore to issue new bonds

By: Marleny Arnoldi     20th September 2018 Global diversified miner Glencore has placed a tap issue of nondilutive zero-coupon cash settled guaranteed convertible bonds for $125-million to be consolidated with its $500-million nondilutive bonds due 2025. The new bonds are to be issued on the same terms as the original bonds and, as of... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

Japan's Marubeni to halve coal-fired power capacity by 2030

By: Reuters     18th September 2018 Japan’s Marubeni Corp said it would no longer start new coal-fired power plant projects and will halve its net coal power generating capacity of about 3 GW by 2030 to cut greenhouse-gas emissions and tackle global climate change. “As a general principle, Marubeni will no longer enter into any new... 

Top miner sees US-China trade tensions limiting global growth

By: Bloomberg     18th September 2018 Rising US-China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion, according to the world’s biggest mining company. The confrontation between the world’s top two economies, “along with an increasingly unpredictable policy... 

China expected to continue as major driver in global silver market – Silver Institute

By: Marleny Arnoldi     12th September 2018 China will continue to be a major driver in the global silver market for years to come, fueled by continued industrial demand and silver mining activity, says international industry association, the Silver Institute. “China is by far the largest consumer of silver globally, accounting for 18%... 

The black grit that beat Bitcoin's rally and didn't slump

By: Bloomberg     11th September 2018 China’s push for blue skies has caused an obscure steelmaking ingredient to fuel gains of as much as 2,600 percent since the start of 2017 for the few companies that supply it, minting at least one new billionaire. The material is graphite, a form of carbon that has seen demand soar because of... 

Lead and zinc in supply deficit

By: Nadine James     31st August 2018 The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand for the first half of 2018, last week, noting that refined lead demand exceeded available supply, and that there was a deficit in refined zinc supply of about 17 000 t. The... 

Orocobre positioning for lithium growth

By: Mariaan Webb     28th August 2018 ASX- and TSX-listed miner Orocobre is confident that market fundamentals for lithium remains strong, despite short-term price volatility, and is gearing up to put money into a mine expansion in Argentina, as well as into a prime lithium hydroxide plant in Japan. The miner is fully funded to... 

Brazil's Usiminas seeks to sell stake in miner Musa –source

By: Reuters     24th August 2018 Brazilian steelmaker Usinas Siderurgicas de Minas Gerais, known as Usiminas, has hired Banco BTG Pactual SA to sell its 70% stake in its mining company, one person with knowledge of the matter said on Thursday. Trading on Usiminas stock was suspended for around 40 minutes by Brazilian stock... 

South Africa's new coal-fired plants must have emissions technology

By: Reuters     21st August 2018 South Africa's first privately built coal-fired power plants must have the latest technology to reduce harmful emissions, the energy minister said on Tuesday, as a wave of court challenges threaten to derail the projects. Environmental activists have taken legal action against the new Thabametsi... 

Global copper mine production up 5.7% in first five months of 2018 – ICSG

By: Marleny Arnoldi     21st August 2018 The International Copper Study Group (ICSG) says global mine production of copper in the first five months of this year increased by 5.7% year-on-year to about 450 000 t, while concentrate production increased by 5.5% year-on-year and solvent extraction and electrowinning (SX-EW) increased by 6%... 

Sweden's Granges halts plans for US aluminium joint venture

By: Reuters     17th August 2018 Sweden's Granges put on ice on Friday plans to form an aluminium manufacturing joint venture in the United States with Japan's Mitsubishi Aluminum Co, saying that the project was less attractive in "current circumstances". It did not specify what circumstances it was referring to though a Granges... 

Copper production forecast to plateau in 2019

17th August 2018 Think tank International Copper Study Group (ICSG) forecasts that global copper production will grow by around 3% in 2018 and then remain unchanged in 2019. At a meeting in Lisbon, Portugal in April, government delegates and industry advisers from most of the world’s leading copper producing and... 

Rio Tinto considers float of Canadian iron-ore business

By: Reuters     10th August 2018 Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources said, as it focuses on boosting revenue from its flagship Australian assets. Iron-ore, which accounts for most of Rio's profit and... 

CDE and YTL promote manufactured sand as the construction material of the future

By: Creamer Media Reporter      2nd August 2018 Batu Tiga Quarry Sdn Bhd, YTL Corporation Berhad's quarry division, operates 15 quarry sites with 25 crushing and screening plants in Peninsular Malaysia, producing more than 21 million tonnes of quarry products per year. The division produces various sizes of quarry products including 20mm,... 

Core agrees funding and lithium supply term sheet with Meidu

By: Esmarie Iannucci     30th July 2018 Lithium hopeful Core Exploration has inked a non-binding term sheet with a subsidiary of Shanghai-listed Meidu Energy for the offtake of up to 150 000 t/y of lithium concentrate from the Finniss project, in the Northern Territory. Meidu subsidiary RuiFu Lthium, which is one of China’s largest... 

Premium prices being paid for Kumba’s quality iron-ore 

By: Martin Creamer     24th July 2018 China’s flight to quality iron-ore is benefiting South Africa’s Kumba Iron Ore, which is receiving strong price premiums for high-grade ore.  Two thirds of Kumba ore is lump ore compared with the third or less of its main competitors. 

BMI raises thermal coal price forecast to $100/t  

By: Anine Kilian     24th July 2018 BMI has increased its thermal coal price forecast for this year to $100/t from $85/t previously as a result of tight supply from exporting countries and higher demand on the back of hot weather in importing countries.  The research company said in a statement on Tuesday that Newcastle coal prices... 

Amur, GEFCO to collaborate on logistics, supply chain solutions at Kun-Manie

By: Marleny Arnoldi     23rd July 2018 Aim-listed nickel/copper explorer Amur Minerals has entered into a memorandum of cooperation (MoC) with global supply chain solutions expert GEFCO to address Amur’s rail and shipping transport requirements for project construction, operational supply support and saleable product delivery to the... 

Uranium tariffs threaten nuclear plants Trump is trying to save

By: Bloomberg     20th July 2018 The Trump administration’s decision to consider tariffs on uranium imports may raise the cost of fuel for nuclear reactors and undermine a separate initiative to shore up struggling electricity generators. The Commerce Department said Wednesday it will probe whether uranium imports “threaten to... 

Coal to remain a significant energy source for decades – WCA

By: Nadine James     13th July 2018 Coal will remain a vital growth enabler and source of energy for decades to come, says World Coal Association CEO Benjamin Sporton. He notes that demand for coal will remain stable to positive, as a result of increased industrialisation and electrification, especially in Africa and South-East Asia. 

Hurting for buyers, US coal miners are learning to love India

By: Bloomberg     12th July 2018 The big bright spot for US coal miners is located halfway around the world. India almost tripled its imports of the rock from America in the first quarter from a year earlier, helping fuel its fast-growing economy and making it the largest foreign buyer of US coal, according to the US Energy... 

Rising minerals and fuel exports propel Australian trade to record high

By: Esmarie Iannucci     10th July 2018 Australia’s total trade in goods and services reached a record A$763.2-billion in 2017, new data from the Department of Foreign Affairs and Trade has found. The Composition of Trade, Australia 2017 found that the value of Australia’s goods and services exports rose 14.8% to A$386.7-billion in... 

Platinum jewellery heading for good year – PGI 

By: Martin Creamer     9th July 2018 Significant demand growth is under way in the platinum jewellery market, which remains the second biggest ounce contributor to platinum demand at 2.5-million ounces of yearly fabrication, some 35% of total demand. “We’re seeing a lot of growth in the market. Obviously, the platinum price is... 

Battery-skeptic funds wait out cobalt rally seen as fleeting

By: Bloomberg     9th July 2018 Call them battery skeptics. Bets on surging demand for electric vehicles have made cobalt and lithium hot commodities, but some investors say the outlook is leaving them cold. While prices have more than doubled in the past three years on worries over shortages of the metals used in batteries,... 

Japan's Mitsui may raise its stake in Vale – executive

By: Reuters     6th July 2018 Japanese trading house Mitsui & Co may boost its stake in Brazil's Vale SA if other shareholders sell part of their holdings, a senior executive said, giving it greater influence over the iron ore giant's management. Several Brazilian pension funds and BNDESPar, the investment arm of state... 

Big Pump Goes Stainless

By: Creamer Media Reporter      6th July 2018 Corrosive liquids on mining and construction sites are a fact of life!  Tsurumi’s new 316 cast stainless steel high head pumps are designed for those applications.  Metalliferous mines are susceptible to pump breakdowns simply because the pump’s material of construction is not compatible with the... 

First-quarter global copper production up 7.1%

By: Nadine James     6th July 2018 Global mined copper production is estimated to have increased by 7.1% in the first quarter of 2018, with concentrate production rising by 7% and solvent extraction-electrowinning (SX-EW) by 7.3%, the International Copper Study Group (ICSG) reported in its Copper Bulletin, last month. The ICSG... 

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