Ionic Rare Earths has entered into a binding agreement with Viridis Mining and Minerals to form a 50:50 joint venture with the aim of establishing a significant leading role in the future global supply chain for rare earth elements. Both companies will co-fund the joint venture and a proposed Brazilian refinery and magnet recycling facility utilizing IonicRE’s separation technology. A…
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Baffinland Iron Mines and German steelmaker ROGESA are strengthening their cooperation by signing a memorandum of understanding (MoU) to further investigate the use of high-grade iron ore from Nunavut, Canada, in low carbon “green” steel production. Full story.
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Barrick has confirmed it is accelerating progress for the Lumwana copper mine’s Super Pit project in Zambia, estimating first production in 2028. Barrick President and CEO Mark Bristow advised Zambian president Hakainde Hichilema of the fast-track during a meeting on 23 January. The project includes transforming Lumwana into one of the world’s major copper mines, with projected annual production of…
Read MoreMining Services Provider Turner Mining Group has been awarded a five-year mining contract with Bayer, a global leader in life sciences and agriculture, at its Soda Springs, Idaho, facility. This strategic partnership represents a significant milestone for both companies, as it combines Turner Mining Group’s industry-leading safety and performance in mine services with Bayer’s commitment to sustainable and responsible resource…
Read MoreMineHub Technologies has entered into a strategic partnership with several prominent mining and commodity analysis laboratories, including ALS Global, as it strives to enhance operational efficiencies, minimize risks, and boost profitability for clients. “The essential integration of MineHub’s platform with key labs emphasizes the critical need to digitize the supply chain. This highlights the apparent inefficiency of today’s manual processes,”…
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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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Essential element company Albemarle has received approval from the U.S. Department of Defense for $90 million in grant money to back the restart of the Kings Mountain mine in North Carolina. Full story.
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MineHub has unveiled a predictive AI-based model to help customers improve visibility into critical raw material flows with reliable ETAs for all shipments. The Canadian-based group, a provider of digital supply chain solutions for the commodity markets, has launched Enhanced ETAs on its own platform. Enhanced ETAs is a meticulously built, robust model that calculates estimated time of arrival (ETA)…
Read MorePapua New Guinea gold and copper miner OK Tedi has picked COSOL for a three-year asset management contract, deepening its already long partnership together. Full story.
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Despite a number of obstacles, including supply chain disruptions and its remote location, Polymetal said the team at its Kutyn gold mine in Far East Russia have recorded first production, and did it six months ahead of schedule. Following a successful construction completion and commissioning, the Kutyn heap leach facility produced 6,000 ounces, putting it on the road to its…
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