News

Cobalt: Hanrui to add 5ktpy new metal capacity in the DRC

Chinese cobalt powder producer Hanrui Cobalt disclosed plans for new capacity in a recent press release on the use of funds previously raised through equity financing. According to the document, the company commissioned a cobalt hydroxide plant in Kolwezi, DRC in early 2017 with a designed capacity of 5ktpy cobalt;… Read more

Tin: Bridge collapse raises uncertainty over Alphamin exports from Bisie

On 30 October, a major bridge collapsed some 53km south-east of Kisangani in Tshopo, DRC. Alphamin Resources, developer of the Bisie tin mine located in North Kivu, reported that the collapse occurred along the main provincial road used for exporting all concentrate and importing all major consumables. Alphamin noted that… Read more

Tantalum: Kyocera announces intention to acquire 100% of AVX

On 27 November, Japan’s Kyocera announced that it is seeking to purchase the 28% of common shares in capacitor manufacturer AVX that it does not already own. The offer of US$19.50 per share represents a 30% premium over the 26 November closing price of US$15.04. Roskill view The announcement comes… Read more

Fluorspar: Saville Resources reports on fluorspar potential of Canadian prospect

Saville Resources has reported that its Mallard prospect in Quebec, which is primarily a niobium prospect, contains potentially significant quantities of fluorspar. Exploration for niobium remains the focus, but the company intends to further evaluate the fluorspar potential. Roskill view Canada has recently re-entered the market as a fluorspar producer,… Read more

Copper: 2019 Asian Copper Week held in Shanghai

It was a busy week for copper players while the ‘2019 Asian Copper Week’ was held in Shanghai. A wide range of topics were discussed, including the industry dynamics of demand, TC/RC, and raw material supply change. Roskill attended the IWCC/SHFE China Seminar which concentrated mainly on the copper demand… Read more

Cobalt: More changes at the top at Katanga Mining

Mark Davis was appointed CEO this week, replacing Jeff Gerard who had only been in the position since May. Gerrard had replaced Danny Callow, who had held the role since January, having taken over from Johnny Blizzard. Blizzard resigned in December 2018 as part of the company’s settlement with the… Read more

Tantalum: Taiwan’s Yageo to purchase tantalum capacitor manufacturer Kemet

On 11 November, it was announced that the Taiwanese electronic component manufacturer Yageo was to acquire US-based tantalum capacitor manufacturer Kemet. The all-cash purchase price was put at US$1.8Bn. The transaction is expected to be completed in the second half of 2020, at which point Kemet’s common stock will cease… Read more

Chromium: Clover Alloys to purchase Lanxess’ Rustenburg Chrome Mine

Speciality chemicals company Lanxess has announced plans to sell its stake in South Africa’s Rustenburg Chrome Mine (RCM) to Clover Alloys. The transaction is expected to be completed late next year. The sale follow’s Lanxess’ earlier divestment away from its chromium tanning salts plant in Merebank, which was sold to… Read more

Salt: More mergers at K+S

K+S has merged its German subsidiaries K+S KALI and esco – european salt company into one entity under the new name K+S Minerals and Agriculture. K+S had already merged its disposal and logistics activities into K+S KALI in July 2019. Alexa Hergenröther, CEO of the Europe+ operating unit, and Bastian… Read more