Tivan, CISRO ink 20-year global vanadium recovery pact

Tivan has secured a long-term partnership with Australia’s national science agency CSIRO to facilitate the development and commercialisation of the TIVAN+ critical minerals processing technology. The partnership brings together the critical minerals processing intellectual property and expertise of both parties in an industry shaping collaboration of national significance. The technology licence agreement (TLA) between the two will give Tivan an…

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Glencore-led group nabs Teck coal unit

A consortium led by Glencore has agreed to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South Korea’s…

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EU finalizes Critical Raw Materials Act 

Negotiators for European Union governments and lawmakers reached an agreement on the text for the Critical Raw Materials Act, the centerpiece of the EU’s strategy to compete with the United States and China in making clean tech products, reported Reuters. Originally proposed in March, the act details targets for domestic supply of critical minerals such as lithium and nickel to…

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Vale to sell stake in Indonesian unit

Operations and Personnel, PT Vale Indonesia

Indonesia’s mining minister said Vale will sell a 14% stake in Vale Indonesia to bring the holding by foreign investors below the maximum limit, reported Reuters.  The news agency said share divestment is a condition Indonesia requires to extend the operation permit for the nickel miner. The government requires oversea firms to divest 51% of their stake to local buyers…

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Sandvik to utilize SSAB fossil-free steel 

Sandvik Mining and Rock Solutions has signed a letter of intent to secure fossil-free steel from SSAB for use in in the production of its loaders and trucks. SSAB said it aims to deliver fossil-free steel to the market on a commercial scale in 2026, and the agreement ensures Sandvik secures its required volumes within SSAB’s production capacity. As a…

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Immersive Technologies opens new manufacturing facility

Immersive Technologies recently celebrated the official grand opening of its new production campus in Perth, Australia, which will be its global base for manufacturing, hardware engineering and logistics. The location also serves as the central distribution center for parts fulfilment for the company’s 14 regional support offices who service 350-plus global mining customers in 50 countries. “This investment delivers a…

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