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Topic

Lithium-ion industry to take centre stage in next five years

By: Simone Liedtke     20th April 2018 At least 12 lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. This, commodity research consultancy Roskill said in a statement on Friday, shows that the lithium-ion (Li-ion)... 

On-The-Air (20/04/2018) 

By: Martin Creamer     20th April 2018 South Africa is expected to play an important role in a large new multi-billion-rand potash project in the Republic of Congo. Wonderful news for platinum is that mining equipment driven by a fuel cell is scheduled to make a game-changing debut underground next year. Mining giant Glencore has... 

Promise of Vision 2030 for mining new breath of fresh air

By: Martin Creamer     20th April 2018 The announcement by the Department of Mineral Resources (DMR) that it is engaged in the development of a Vision 2030 for mining is a positive step in the right direction after years of short-term pussyfooting by a department that had fallen behind those of competitive mining jurisdictions in... 

Canada's Alouette aluminium smelter denies force majeure rumours

By: Reuters     18th April 2018 The Alouette aluminium smelter in Canada, the biggest in the Americas, does not plan to declare force majeure, a spokesperson said on Wednesday, denying a market rumour. There was speculation in the market that Alouette may have to take the measure due to a shortage of raw material alumina. 

Kun-Manie field engineering campaign to start soon

By: Simone Liedtke     13th April 2018 Exploration and resources company Amur Minerals has completed the restocking and mobilisation of all machinery, spares and supplies needed to complete the 2018 field season at its Kun-Manie nickel/copper sulphide project, in Far East, Russia. The resupply transport effort began on February 15 and... 

Global silver output falls 4.1% in 2017, as industrial demand ramps up – GFMS

By: Henry Lazenby     12th April 2018 A new survey by the GFMS team at Thomson Reuters has found that global silver output had fallen 4.1% in 2017 to 852.1-million ounces. Prepared by GFMS, the report found that total physical demand of 1.02-billion ounces was 25% lower year-on-year, signalling that the tightening of the... 

Developing New Manufacturers

     9th April 2018 Advancement in machine learning and industrial innovations vital to boosting South Africa’s manufacturing sector. Following the 2008 financial crisis, which caused many industrial sectors around the globe to dwindle, South Africa’s manufacturing industry experienced a similar downturn and almost... 

Australia sees miners winning highest Japan coal deal since 2012

By: Bloomberg     9th April 2018 Coal miners are set to win the highest supply contract in six years from Japanese utilities after demand drove spot prices higher, according to Australia’s commodity forecaster. Japan’s utilities will probably pay $100 a metric ton for annual supplies during the period from April to March, the... 

World's top iron shipper says China import boom to level off

By: Bloomberg     9th April 2018 The world’s largest iron-ore exporter delivered a mixed message on the outlook, raising near-term price forecasts, but combining that revision with a more somber message that China’s gargantuan imports are set to level off as steel production eases in the coming years. Iron-ore will average... 

Large uranium deficits expected

By: Jessica Oosthuizen     6th April 2018 The outlook for future uranium demand remains positive amid prevailing low prices, as significant deficits and “substantially higher prices” are expected over the next decade when future supply will be hampered by current under-investment, says uranium development company Bannerman Resources CEO... 

BlackRock's $1.3bn gold fund feels pain of bullion miners

By: Bloomberg     4th April 2018 This year has not been kind to precious-metal stock pickers at the world’s biggest asset manager, but their luck may be about to turn. The $1.3-billion BlackRock Gold and General Fund lost 15% last quarter, its worst performance since the third quarter of 2015. Among large materials-focused... 

Japan's Mitsubishi Materials sees H1 copper output up 7% y/y

By: Reuters     2nd April 2018 Mitsubishi Materials, Japan's third-biggest copper smelter, said on Monday it plans to produce 187 374 t of refined copper during April-September, up 7% from the same period last year. The company expects output at its Naoshima smelter and refinery in western Japan to rise 11%, while production... 

Petrol autocatalysts, fuel cells seen driving automotive platinum demand in future

By: Nadine James     30th March 2018 Multidisciplinary research team Afriforesight expects that future platinum demand will rely heavily on the successful uptake of fuel cells as well as petrol autocatalyst manufacturers switching from palladium-based to platinum-based coatings. Afriforesight chief chrome and platinum group metals... 

Vale’s Moz operation goes positive for the first time in years

By: Rebecca Campbell     29th March 2018 Last year, for the first time since 2010, Brazilian mining group Vale’s Moatize coal operation in Mozambique recorded positive earnings before interest, taxes, depreciation and amortisation (Ebitda). Moatize is now the group’s only coal operation, following the sale of its last Australian coal... 

Rio Tinto sees iron-ore market staying balanced through 2019 – exec

By: Reuters     23rd March 2018 Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world's biggest steel consumer, a senior executive said on Friday. "I think the iron-ore market is pretty well balanced...We don't see remarkable change in... 

De Beers expands Forevermark brand in Europe

By: Mariaan Webb     22nd March 2018 Global diamond miner De Beers is expanding its Forevermark in key European countries, with the brand entering the German market and potentially also France and Italy. The Anglo American subsidiary is aiming to bolster the diamond brand’s visibility in key European countries, which attract a... 

Amur to position Russia project as ready source for EV battery market

By: Mariaan Webb     20th March 2018 London-listed Amur Metals is gearing up for an aggressive marketing programme in large nickel consuming nations China, Korea and Japan, as the Kun-Manie nickel sulphide project, in the far east of Russia, is shaping up to be potentially a ready source for the electric vehicle (EV) battery... 

Battery makers descend on Australia, Canada cobalt developers

By: Reuters     19th March 2018 Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up. Mine developers say interest from Japanese and Korean firms is particularly... 

EU says expects contacts, no formal talks with US on tariffs this week

By: Reuters     12th March 2018 The European Commission said it expected to be in contact with the US over steel and aluminium tariffs this week, but added that no formal talks were scheduled. "No meetings as such are planned at the moment between US and EU authorities," a spokesman for the European Commission told a regular... 

Australian Minerals Council backs TPP

By: Esmarie Swanepoel     12th March 2018 The Minerals Council of Australia (MCA) has again lobbied for the Trans-Pacific Partnership (TPP), joining nine other national industry groups in issuing a policy brief setting out the reasons Australia should support the regional trade agreement. The TPP, which was signed by Trade Ministers... 

Rio Tinto's last two coal mines set to attract bids over $2.5bn

By: Reuters     9th March 2018 At least three bidders are expected to submit final offers for global miner Rio Tinto's Hail Creek and Kestrel coal mines in Australia, which could fetch up to $2.5-billion, people familiar with the process said. The Anglo-Australian mining company made a strategic decision in 2017 to exit coal... 

Amur kicks off Kun-Manie access road programme

By: Creamer Media Reporter      8th March 2018 Aim-listed Amur Minerals has started the development process for its 350 km access road that will link its Kun-Manie project site to the Ulak rail station on the Baikal-Amur rail line. The company has engaged Cevi Constuzioni (CC) to undertake the inaugural step in the design of the road.... 

TerraCom to commission dedicated Blair Athol train loading facility this month

By: Mariaan Webb     8th March 2018 Coal miner TerraCom expects to commission its dedicated train loading facility at the Blair Athol coal mine, in the Bowen basin of Queensland, later this month. The mine, which TerraCom bought last year for $1 from Rio Tinto, will benefit substantially from the load-out facility, with the company... 

Global platinum demand expected to increase marginally in 2018

By: Nadine James     8th March 2018 Global platinum demand is expected to increase marginally this year, based on a 2% recovery in jewellery demand in Asian markets, as well as a 6% demand increase for industrial applications. This combined with a 2% decline in supply, owed to mine closures in South Africa, will have resulted in a... 

Steel tariffs may trip up another industry Trump loves: Coal

By: Bloomberg     6th March 2018 President Donald Trump’s proposed steel tariffs may have a downside for US coal miners. While tariffs could increase domestic demand for metallurgical coal – which is used in the steelmaking process – most of the market for that fuel is abroad. About 75% of the coking coal US miners produced in... 

WTO chief urges States to stop first dominoes of trade war

By: Reuters     6th March 2018 The head of the World Trade Organization (WTO) told member states on Monday they must prevent "the fall of the first dominoes" in a trade war and warned of a real risk of triggering an escalation of global trade barriers and a deep recession. World trade policy is in turmoil because of US... 

Europe's firm response to stop short of trade war with Trump

By: Reuters     2nd March 2018 The firm response Europe has pledged to planned US tariffs on steel and aluminium imports is likely to stop short of triggering the trade war that open market supporters fear. US President Donald Trump said on Thursday the United States would apply duties of 25% on imported steel and 10% on... 

Mining Indaba achieves ‘support’ goal, sees increase in investor interest

By: Jessica Oosthuizen     2nd March 2018 The goal of the 2018 Investing in African Mining Indaba – to support junior, midtier and major miners through investment and finance while enhancing the platform to include more discussion on sustainability – has been met, says event organiser Mining Indaba director of content Harry Chapman. He... 

South Africa to pilot first utility-scale vanadium redox flow battery

By: Nadine James     23rd February 2018 Aim-listed miner Bushveld Minerals’ 84%-owned energy subsidiary, Bushveld Energy, will be commissioning its first utility-scale vanadium redox flow battery (VRFB) for testing by State-owned power utility Eskom in May, says Bushveld Energy CEO Mikhail Nikomarov. Nikomarov notes that the... 

The EV future is here and already boosting earnings for miners

By: Bloomberg     23rd February 2018 The booming electric vehicle revolution is flowing through to the bottom line of a growing list of global miners, who are reaping higher profits from rising demand for battery raw materials. Orocobre reported Friday that net income rose 11% in the December half and forecast lithium prices to... 

What happens when China's steel curbs end? Here's BHP's take

By: Bloomberg     22nd February 2018 Steelmakers in China are about to get back to business full-time. When unprecedented winter supply curbs lapse in the coming weeks, BHP Billiton forecasts mills in the top producer will step up output, boosting run rates through the second quarter to make up for curtailments. The resumption will... 

As Trump takes aim at foreign metal, Canada argues for exemption

By: Bloomberg     20th February 2018 The biggest steel and aluminium exporter to the US is hopeful of being left out of a Trump administration crackdown on foreign shipments. The US Commerce Department didn’t recommend giving Canada a pass when it outlined possible tariffs and quotas on Friday, but it did single out its northern... 

New Toyota magnet cuts dependence on key rare earth metal for EV motors

By: Reuters     20th February 2018 Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20%, which could tame the cost of producing electric cars and reduce the risk of a supply shortage of materials needed for their production. The Japanese automaker... 

As 'America First' turns to steel, Canada looks to duck trump ax

By: Bloomberg     20th February 2018 Canada, the top steel and aluminum exporter to the US, is hopeful of being left out of a Trump administration crackdown on foreign shipments. While the US Commerce Department didn’t recommend giving its northern neighbor a pass when it outlined possible tariffs and quotas on Friday, it did... 

Japan's steel industry urges Trump to make careful trade decision

By: Reuters     19th February 2018 Japan's steel industry said on Monday the US Commerce Department proposal to President Donald Trump to impose curbs on steel imports violate the principles of free trade, calling for Washington to make a careful and appropriate decision. The US Commerce Department recommended on Friday that Trump... 

Golden opportunity, urgent logistics call, platinum to the fore

By: Martin Creamer     16th February 2018 South Africa has an opportnity in gold, investment to revitalise rail and port infrastructure is seen as urgent, there is a strong prediction that the fuel cell will outdo electric vehicles 

Woodside lashes out at South Korea's Kogas over disputed LNG contract

By: Reuters     14th February 2018 Australia's Woodside Petroleum on Wednesday lashed out at Korea Gas Corp (Kogas) over a dispute it has with the South Korean company, saying KOGAS owes it money for an expired liquefied natural gas (LNG) contract from the North West Shelf Project. CEO Peter Coleman of Woodside Petroleum,... 

Triton signs offtake term sheet for Ancuabe graphite project

By: Simone Liedtke     12th February 2018 ASX-listed Triton Minerals has signed an offtake term sheet with China's Haida Graphite for graphite concentrate from the Ancuabe project, in Mozambique. The term sheet sets the framework for a binding offtake agreement that is anticipated to be signed by March 15. 

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