News

Chromium: Mintal halves ferrochrome capacity for month of April

Amongst ferrochrome closures in Inner Mongolia this week was Mintal, announcing that the company will halt high-carbon ferrochrome production at two of its 75,000kVA furnaces after the Qingming Festival on 4 April. The furnaces will enter maintenance work, which is expected to reduce the company’s operational capacity by 50% for… Read more

Manganese: South 32 seeks clarification on South African mine shutdown

South 32’s manganese operations have been moved to care and maintenance, while its coal and aluminium operations could be exempt from the mandatory 21-day countrywide shutdown in response to COVID-19. The company is working with the South African government to determine the impact of an exemption on its coal and… Read more

Niobium: Supply to remain intact

CBMM has announced that it has replenished its warehouses in Europe, Asia and the USA in recent months and holds stocks sufficient to last for three months. The company produced 110kt of niobium last year, exceeding capacity by 10%, and sold 91.3kt, most of it as ferroniobium. Total sales in… Read more

Tin: Producers suspend operations amid COVID-19 lockdowns

Malaysian Smelting Corporation (MSC) and Peruvian tin miner Minsur, the world’s third and fourth largest refined tin producers respectively, have both announced they are temporarily suspending operations to comply with government lockdowns to prevent the spread of the COVID-19 outbreak. Additionally, Minsur’s Brazilian subsidiary Mineração Taboca and Namibia’s AfriTin have… Read more

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