https://www.miningweekly.com
R/€ = 17.10 Change: 0.00
R/$ = 16.80 Change: 0.00
Au 1741.16 $/oz Change: -26.95
Pt 856.50 $/oz Change: -11.00
 

Critical Minerals News

IEA wants mandate broadened to include critical minerals to avert new Russia-like vulnerabilities  

By: Terence Creamer     23rd March 2022 The head of the International Energy Agency (IEA) has called for an expansion of the organisation’s mandate and membership to enable it to support the global transition to a “clean and secure” energy future and to ensure that the world’s climate goals do not become “another victim of Russia’s... 

Vale Canada to supply nickel to Northvolt

By: Mariaan Webb     23rd March 2022 Diversified resources group Vale has announced a multi-year supply agreement with European battery developer Northvolt for low-carbon nickel products from its Canadian operations. Executive VP of base metals, Deshnee Naidoo, says the supply agreement is a strategic milestone for Vale, as it... 

Vale Canada to supply nickel to Northvolt

GGG launches legal battle over Kvanefjeld

By: Esmarie Iannucci     23rd March 2022 ASX-listed Greenland Minerals (GGG) has requested arbitration in its dispute with the governments of Greenland and the Kingdom of Denmark, over the future of its Kvanefjeld rare earths project. The Greenland government in November banned uranium mining, impacting the development of the... 

Image shows a hand holding rare earth minerals

Piedmont prices capital raise at $65 a share

By: Esmarie Iannucci     23rd March 2022 Lithium miner Piedmont Lithium on Wednesday announced the pricing of an upsized underwritten public offering of 1.75-million common stocks, revealing that it was aiming to raise some $113.7-million, with the stocks priced at $65 each. Piedmont earlier this week flagged the capital raise to help... 

Cobalt Blue starts underground development

By: Esmarie Iannucci     23rd March 2022 ASX-listed Cobalt Blue has started underground development at the Pyrite Hill operation, in New South Wales, to support demonstration plant activities. Some 3 500 t to 4 000 t of ore will be mined at Pyrite Hill to support 20 weeks of continuous operation of the demonstration plant, the company... 

Piedmont to raise cash for lithium drive

By: Esmarie Iannucci     22nd March 2022 US-based lithium miner Piedmont Lithium has announced plans to raise capital to help restart operations at the North American Lithium (NAL) operations, in Quebec. Nasdaq and ASX-listed Piedmont told shareholders that it would conduct a public offering of some 1.5-million shares of its common... 

Parliaments must act swiftly to reduce climate change – Mapisa-Nqakula  

By: Martin Creamer     22nd March 2022 National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world's Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the... 

South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula
South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula

Lithium battery capacity to grow five-fold - Woodmac

By: Esmarie Iannucci     22nd March 2022 Advisory firm Wood Mackenzie (Woodmac) has flagged a potential five-fold increase in global cumulative lithium-ion battery capacity, to 5 500 GWh between 2021 and 2030. Woodmac on Tuesday said that the Asia Pacific region, led by China, accounted for 90% of the world’s battery manufacturing in... 

KGL strikes copper deal with Glencore

By: Esmarie Iannucci     22nd March 2022 ASX-listed KGL Resources has inked a binding offtake agreement with mining major Glencore over all of the copper concentrate to be produced at its Jervois mine, in the Northern Territory. The evergreen agreement would have minimum term of five years from the start of commercial production with... 

White House to meet with Exxon, other firms on Russia sanctions

By: Bloomberg     21st March 2022 President Joe Biden’s administration will brief banks, energy companies and other firms Monday on the impact of Russia’s invasion of Ukraine and ensuing sanctions. Treasury Secretary Janet Yellen, National Security Advisor Jake Sullivan and other top officials will host an off-record discussion... 

NioBay suspends James Bay exploration to meet with First Nation

By: Creamer Media Reporter      18th March 2022 Critical minerals exploration company NioBay Metals has suspended all exploration activities on the James Bay niobium project, near Moosonee, in Ontario, to consult with the Moose Cree First Nation (MCFN). The company on Thursday received a letter from MCFN, which stated that a survey of the... 

Anglo partnership secures 100% renewable energy supply for South Africa operations 

By: Martin Creamer     18th March 2022 Diversified mining and marketing company Anglo American has signed a memorandum of understanding with global renewable energy company EDF Renewables to work together towards developing a regional renewable energy ecosystem in South Africa. The regional renewable energy ecosystem is expected to be... 

Picture supplied.
Anglo American management board chairperson in South Africa Nolitha Fakude.

Ontario unveils critical minerals strategy

By: Creamer Media Reporter      18th March 2022 As innovation and technology drive dramatic changes to the world’s economy, Ontario is positioning itself to be a global leader in supplying the critical minerals that will fuel that change with the release of its first-ever Critical Minerals Strategy. The strategy, unveiled by Premier Doug Ford... 

Covid forces changes to Mt Peake plans

By: Esmarie Iannucci     18th March 2022 ASX-listed TNG has reached an agreement with ts long-term strategic engineering partner, German- based metallurgical engineering firm SMS group over a revised project execution strategy for the Mount Peake vanadium/titanium/iron project, in the Northern Territory. TNG last year took the... 

Stellar starts share trading

By: Esmarie Iannucci     18th March 2022 Junior Stellar Metals started share trading on the ASX on Friday, following an initial public offering (IPO) in which it raised A$7-million. The company is actively targeting battery minerals in its portfolio of five prospective copper and zinc projects in South Australia. 

Ardea's WA nickel project granted Major Project status

By: Esmarie Iannucci     18th March 2022 ASX-listed Ardea Resources’ A$1.16-billion Kalgoorlie nickel project has been granted Major Project status by the federal government. The project will produce cobalt-nickel ore which will undergo a process to produce mixed hydroxide precipitate, which is used as raw material in the growing... 

Image shows dump truck and nickel ore stockpiles

Brazilian mine benefits from cooling system installation

By: Halima Frost     18th March 2022 Mine ventilation, refrigeration and cooling engineering consultant BBE Group has successfully completed the installation of a ventilation and cooling system at the Caraíba mine in the Curaçá river valley, in Brazil. The deepening of a shaft to open up a new orebody in the mine had put the... 

Large yellow pipes and a filtration system in a mine in Brazil that allow for fresh air to be pumped into the shaft for better breathing
DEEP BREATH BBE have successfully installed an underground ventilation system at a mine in Brazil

New blasting system improves safety

By: Halima Frost     18th March 2022 Having developed, and now busy testing its second-generation WebGen™ 200 in Australia and Canada, mining and infrastructure solutions provider Orica says its trials have shown improved safety and productivity across operations.   The WebGen™ 200, a wireless electronic blasting system with... 

The second-generation WebGen 200 range of wireless initiating systems form small to large, in orange, yellow and green
EXPLOSIVE STUFF The second-generation WebGen 200 range of wireless initiating systems is being tested in Australia and Canada

VW joins sustainable mining initiative to boost scrutiny

By: Reuters     17th March 2022 Volkswagen has joined a group that sets environmental and social standards in mining as the world's No.2 carmaker steps up efforts ensure its raw materials are sustainable, especially in electric vehicles (EVs). Big companies have come under increasing pressure from shareholders and consumers... 

Now’s the time for full energy freedom, says green hydrogen stalwart Andrew Forrest 

By: Martin Creamer     17th March 2022 Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane... 

Creamer Media screen shot.
Photo by Creamer Media
Fortescue Metals Group nonexecutive chairperson Andrew Forrest (right), being interviewed by CNN anchor Christiane Amanpour.

Sibanye closes €5m equity investment in Keliber

By: Creamer Media Reporter      17th March 2022 Precious and battery metals company Sibanye-Stillwater has closed the final tranche of its €30-million investment in lithium firm Keliber and now owns about 30% of the Finnish company. In the final tranche, Sibanye subscribed for 125 000 shares for €5-million. This followed a €15-million... 

Volt forced into a trading halt

By: Esmarie Iannucci     17th March 2022 Share trading in graphite producer Volt Resources has been temporarily halted as the company struggles to finalise its half-year results, given the conflict in the Ukraine. Volt in 2021 acquired a 70% interest in the Zavalievsky graphite business, in the Ukraine. 

Pensana completes FEED, notes lower Saltend, Longonjo development costs 

By: Donna Slater     16th March 2022 Magnet metal and rare earths miner Pensana has completed the front-end engineering design (FEED) for its UK-based Saltend rare earths production facility and its Angola-based Longonjo mine, reducing the capital expenditure costs of the projects and improving its operating profitability. A... 

Markets must adapt to lack of Russian, Ukrainian commodities, Glencore says

By: Reuters     16th March 2022 Global commodity markets will need to adapt to a lack of supply from Russia and Ukraine, global miner and commodities trader Glencore said in its annual report on Wednesday. "Over time, global commodity trade flows will need to adapt to some or all of Russian/Ukrainian supply being unavailable,... 

New strategy and more funding for critical minerals

By: Esmarie Iannucci     16th March 2022 The Australian government on Wednesday unveiled a package of measures to unlock Australia’s critical minerals potential, including a A$200-million Accelerator grants program, A$50-million to support research and development and an updated industry strategy. Prime Minister Scott Morrison said... 

Australian govt invests heavily in critical minerals projects

By: Esmarie Iannucci     16th March 2022 The federal government on Wednesday announced over A$243-million in funding support for four critical minerals projects under the Collaboration Stream of the A$1.3-billion Modern Manufacturing Initiative. The four projects are expected to create over 3 400 jobs over time and cement Australia’s... 

Image shows Australian Prime Minister Scott Morrison
Photo by Bloomberg
Australian Prime Minister Scott Morrison

Alpha's $30m Uranium One deal on ice

By: Mariaan Webb     15th March 2022 TSX-V-listed Alpha Lithium has provisionally suspended closing of a $30-million transaction that would have seen Uranium One buying a 15% stake in the Tolilar Salar project, in Argentina, citing recent challenges. Uranium One is a subsidiary of Russian State-owned group Rosatom. Alpha Lithium... 

Alpha's $30m Uranium One deal on ice

Scoping study on Sovereign’s rutile project confirms multi-decade low-cost operation

By: Darren Parker     15th March 2022 The initial scoping study on Sovereign Metals’ Kasiya rutile project, in Malawi, has confirmed a multi-decade operation providing a stable supply of rutile and graphite, while contributing significantly to the economy of Malawi, Soverign Metals revealed on March 15. Kasiya is among the largest... 

EcoGraf mulls demerger of some Tanzanian assets

By: Esmarie Iannucci     15th March 2022 Diversified battery anode materials company EcoGraf has unveiled plans to demerge its battery cathode materials subsidiary, Innogy. The ASX-listed EcoGraf told shareholders that it would separately listed Innogy on the ASX to provide shareholders with direct exposure to a nickel focussed... 

Equivalent of a Koeberg arising in solar projects – AmaranthCX  

By: Martin Creamer     14th March 2022 The equivalent of a Koeberg power station is arising in the form of new largely mine-linked private-sector solar power photovoltaic projects across Southern Africa, according to AmaranthCX director and founder Paul Miller, whose company is working on the second edition of its electronic map of... 

Creamer Media screenshot
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Mercedes-Benz partners with Neometals JV

By: Esmarie Iannucci     14th March 2022 Luxury vehicle manufacturer Mercedes-Benz will partner with ASX- and Aim-listed Neometals’ battery recycling joint venture, Primobius, for the design and construction of a battery recycling plant. Mercedez-Benz said that it has founded a subsidiary called LICULAR, which will cooperate with... 

Rio makes $2.7bn offer for Turquoise Hill

By: Esmarie Iannucci     14th March 2022 Mining major Rio Tinto has made a non-binding proposal to acquire the remaining 49% interest in Turquoise Hill Resources for $2.7-billion. Under the terms of the proposed transaction, Turquoise Hill minority shareholders would receive C$34 in cash per Turquoise Hill share, representing a premium... 

Image shows the Oyu Tolgoi openpit operation

As EV demand rises, Biden officials warm to new mines

By: Reuters     14th March 2022 US regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports similar to that on crude oil. US Energy Secretary Jennifer Granholm and other officials speaking at this week's CERAWeek energy... 

An image of US Energy Secretary Jennifer Granholm
US Energy Secretary Jennifer Granholm

Senators urge Biden to invoke defence act for battery materials

By: Bloomberg     14th March 2022 US Senators sent a bipartisan letter to the Biden administration Friday afternoon asking the President to invoke the Defense Production Act to accelerate production of battery materials that are needed to power electric vehicles. The letter, signed by Democrat Joe Manchin and Republicans Lisa... 

IGO/Western Areas deal delayed

By: Esmarie Iannucci     14th March 2022 Russia’s invasion of Ukraine, and the subsequent volatility in the nickel market, has resulted in a delay in ASX-listed Independence Group (IGO’s) takeover of fellow listed Western Areas. Western Areas on Monday told shareholders that in response to the recent significant nickel price... 

Aus and India hunt for critical minerals

By: Esmarie Iannucci     14th March 2022 The Australian government has allocated A$5.8-million to a new three-year investment partnership with India, which could unlock mutual benefits for both countries from Australia’s world-leading critical minerals sector. “Australia and India are natural partners sharing mutual strategic and... 

Nickel Mines cancels A$18m SPP amid market volatility

By: Esmarie Iannucci     11th March 2022 ASX-listed Nickel Mines has shelved plans for an A$18-million share purchase plan (SPP), despite applications far exceeding its target. The company in February announced the SPP as part of a larger A$225-million funding plan to finance the acquisition of an initial 30% stake in the Oracle... 

5 6 7 8
9
10 11 12 13
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now