News

PDAC: Junior miners optimistic for year ahead

The mood among delegates was overwhelmingly positive at this year’s PDAC convention, held 3-6 March in Toronto, Canada, with many project developers telling Roskill that the commodity market cycle was on the upturn. Developers are seeing strong interest in projects from consumers, with many reporting to Roskill that they had… Read more

Lithium: Neo Lithium posts positive PFS, rapid development to follow

Neo Lithium (Neo) has released the results of its Preliminary Feasibility Study (PFS) for the flagship 3Q project in Argentina. This bodes as a key step in the company’s aggressive approach towards commercial production, aiming to sprint from discovery to development within two years. Headline figures from the PFS present… Read more

Tantalum, lithium: Talison and GAM settle mineral rights dispute

Talison Lithium (Talison) and Global Advanced Metals (GAM) ended their mineral rights dispute earlier this month, allowing the go-ahead of Taliosn’s Greenbushes mine expansion in Western Australia. The lithium producer, which also produces tantalum as by-product, originally announced plans for the expansion last June but has since been locked in… Read more

Tungsten: Zimbabwean government to fund RHA mine restart

Premier African Minerals, which owns 49% of the RHA tungsten project in Bulawayo, Zimbabwe, has secured a US$6M investment from the Zimbabwe Ministry of Industry, Commerce and Enterprise Development for immediate recommissioning of mining operations. Premier’s subsidiary Zimdiv Holdings will also be awarded another mine management agreement on similar terms… Read more

Lithium: Pilbara Minerals exercises option to form JV with POSCO

Pilbara Minerals has exercised an option to form a 30:70 joint venture with South Korean giant POSCO which will focus on the development of a lithium processing facility. The joint venture is expected to construct and commission a mineral conversion facility in the Gwangyang Free Economic Zone, South Korea, processing… Read more

Vanadium: 2019 set to be interesting year for the market

Last week, Roskill attended and presented at the FerroAlloyNet Vanadium conference in Chengde, Hebei Province, China. Market sentiment was optimistic, although there remains some uncertainly as to how the market will develop this year and beyond. Roskill view: Vanadium prices increased dramatically last year as the market moved into structural deficit.… Read more

Lithium: Tianqi steps into lithium-ion battery cathode material business

Tianqi Lithium has announced its intension to purchase a RMB49.9Mn (US$7.44Mn) stake in Xiamen Tungsten New Energy Materials, a major Chinese manufacturer of lithium battery materials. When the transaction closes, Tianqi will hold a 3% share. Xiamen Tungsten New Energy Materials, established in 2016, is a subsidiary of Xiamen Tungsten.… Read more

Salt: K+S expects significant increase in earnings for 2019

German minerals miner K+S Group forecasts a significant rise in core profit for 2019, boosted largely by higher fertiliser prices and rising potash volumes after a severe drought in Germany halted production at its main mine last year. Production outages at its largest site on the Werra river, higher logistics… Read more

Lithium: SQM to restrict 2019 production, market share not a concern

Lithium giant Sociedad Quimica y Minera de Chile (SQM) has stated that the company expects to produce 10kt in excess of contracted sales forecast for 2019. This comes from comments made by CEO Ricardo Ramos regarding the company’s preference for value-capture over market share during 2019. Ramos revealed that SQM’s… Read more

Antimony: Beaver Brook antimony mine to restart

The Beaver Brook antimony mine in Newfoundland, Canada, is scheduled to reopen after having been on care and maintenance since 2012. The mine was closed down in response to falling antimony prices and is owned by Hunan Nonferrous Metals (HNC), the largest antimony company in the world, itself a part… Read more

Copper: Wire rod – is Russia preparing an international comeback?

Prior to 2015, Russia had been a major force in the international wire rod market before the removal of tariffs on copper cathodes no longer incentivised the domestic production of copper wire rod for both export and domestic use by the Russian wire and cable industry. Output had been as… Read more

Bauxite and alumina: With sanctions lifted, Rusal is upbeat

Rusal, Russia’s largest and the world’s second-largest aluminium producer, reports that its business is back to normal now that US sanctions have been lifted and has repeated its positive forecasts for the aluminium market. The company says sales are gradually returning to the levels seen before the US Treasury imposed… Read more