News

Fluorspar: China’s support policies for businesses under COVID-19

Earlier in March, the Chinese Ministry of Finance and the State Administration of Taxation issued Announcement No. 15 of 2020, on increasing the export tax refund rate for some products. According to this latest announcement, China will increase the export tax refund rate for 1,464 products, with the rate for… Read more

Lithium: Supply takes another hit as Argentina enters lockdown

As part of a nationwide lockdown, the lithium industry in Argentina has suspended all operations and development projects to limit the spread of the global COVID-19 pandemic. Both producing companies, Orocobre and Livent, announced the suspension of activities at their respective Salar de Olaroz and Salar del Hombre Muerto operations… Read more

Nickel: PolyMet enters into US$30M financing agreement with Glencore

PolyMet Mining‘s US$30M deal with Glencore is formed of unsecured convertible debentures, with funds intended to progress current litigation related to permits for its NorthMet project in Minnesota, USA. In addition, the funds are intended to advance engineering and optimisation efforts at the project. The debentures will be received in… Read more

Nickel sulphate: Lygend commissions construction of nickel sulphate project in Obi

PT Halmahera Persada Lygend has recently commissioned construction work at its nickel sulphate project, located on the Obi Islands in the Indonesian province of North Maluku, with its contractor CNCEC. The company is a joint venture between Indonesian business conglomerate Harita Group and Chinese mining investment company Ningbo Lygend. The… Read more

Tin: PT Timah cuts output amid COVID-19 uncertainty

Indonesian tin miner PT Timah, the world’s largest refined tin producer, has announced plans to temporarily reduce production and delay exports as the COVID-19 pandemic impacts global demand for the metal. In a statement released by the company’s Chief Executive, Riza Pahlevi, PT Timah said it would delay some exports… Read more

Vanadium: Positive recoveries in pilot tests for Australian Vanadium Limited

Australian Vanadium Limited (AVL) has announced that its latest pilot-scale tests confirm concentrate, generated from life-of-mine average feed blend, achieved 76% vanadium recovery at a grade of 1.37% V2O5. Year 0–5 pilot testing achieved 69% vanadium recovery of concentrate at 1.39% V2O5. Earlier this month, AVL announced that its total… Read more

Nickel: Vale’s Voisey’s Bay placed on temporary care and maintenance

Vale has made the decision to ramp down its nickel mining operation at Voisey’s Bay, Canada for a period of four weeks amid the Covid-19 (Coronavirus) pandemic. The decision was taken as part of precautionary measures to protect the health and well being of the Nunatsiavut and Innu indigenous communities… Read more

Fluorspar: Ares Strategic Mining announces partnership with Mujim Group

Ares Strategic Mining announced this week that it has entered into a strategic partnership with the Mujim Group, a fluorspar mining and distribution company. The Mujim Group has agreed to invest time and expertise in assisting Ares at its fluorspar mine project in Utah, USA. After visiting Ares’ Lost Sheep… Read more

Antimony: AkzoNobel restricts antimony trioxide use

AkzoNobel has decided to add antimony trioxide (ATO) to its list of restricted substances, limiting the levels permitted in the company’s products, dependent on factors such as solvent dispersion, product type and end use. The multinational paints and coatings producer reviews chemicals under its priority substances programme which uses a… Read more

Magnesium Metal: Alliance Magnesium moves closer to commercial production

Alliance Magnesium (AMI), a privately-owned company based in the Montréal area of Canada, has updated the progress on financing for its magnesium project in Québec. Roskill View AMI will produce an envisaged 50ktpy of magnesium metal from about 800Mt of serpentine tailings (23.3% MgO) generated during many years of asbestos… Read more