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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Metso has received orders for three Outotec Anode Casting Shops from undisclosed major copper producers in Japan and China. The total value of the orders is EUR 13 million. In each of the projects, Metso’s scope of delivery includes anode casting shops with engineering and state-of-the-art technology. One of the orders has been booked in the Minerals segment’s 2023 fourth…
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Photo: Monadelphous Engineering company Monadelphous has secured new construction and maintenance contracts and contract extensions with several miners and an energy company totalling A$170 million. Lynas Rare Earths awarded Monadelphous a construction contract for stage 1 of its Mt Weld expansion project near Laverton in the Goldfields region of Western Australia. The scope of the contract includes structural, mechanical and…
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Canadian producer Nickel 28 confirmed that its Ramu mine Basumuk HPAL plant in Papua New Guinea is back to full production levels following a 7 October earthquake. Full story.
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In another bid to control critical mineral supply, top graphite producer and exporter China said it will require export permits for some graphite products to protect national security, reported Reuters. It has already imposed similar restrictions on gallium and germanium since 1 August. Full story.
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EACON Mining Technology has won two new projects for its autonomous haulage solution, one at the Gobi Desert No. 2 coal mine in northwestern China and the other at the Huolinhe South coal mine in Inner Mongolia Province. Full story.
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Nickel Industries has signed a binding operational lease and service agreement with PT Sumber Energi Surya Nusantara (SESNA) for a battery solar project within the Indonesia Morowali Industrial Park in Central Sulawesi, Indonesia. Full story.
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DRA Global will be performing a major design package for Whitehaven Coal’s Vickery extension project in New South Wales after being selected for the contract as a preferred supplier. Full story.
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An accident at state-owned Guizhou Panjiang’s coal mine in Panzhou city in southwestern China on 24 September has left 16 dead, according to multiple media outlets. Read the full story here.
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An Indian government source said the country’s federally administered region of Jammu and Kashmir will auction its estimated 5.9 million tonnes of lithium reserves over the next few weeks, reported Reuters. Read full story here.
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