News

Westwater Resources

Graphite: Westwater Resources to acquire Alabama Graphite

Westwater Resources is looking to acquire the potential US graphite producer Alabama Graphite with a decision expected to be made by Q2 this year. Headquartered in Canada, Alabama Graphite is developing the Coosa flake graphite project in the state of Alabama, on which, it completed a preliminary economic assessment (PEA)… Read more

NEV

NEVs: CAAM forecasts Chinese output to rise by 40% in 2018

According to the latest figures released by the China Association of Automobile Manufacturers (CAAM), China’s total auto sales increased by 11.5% to 2.81M vehicles in January 2018, up from 2.52M vehicles in the same month last year. Due to the phasing out of purchase tax reductions for vehicles with engines… Read more

Rebar

Vanadium: New Chinese rebar standards positive for ferrovanadium demand

China’s new high-strength rebar standard is designed to limit the use of inferior steels in construction. The standard eliminates low strength Grade 2 rebar and sets out specifications for three different high strength standards: Grade 3 (400MPa), Grade 4 (500MPa), and Grade 5 (600MPa). These will require 0.03% V, 0.06%… Read more

Zimasco

Chromium: Zimasco out of judicial management

As of 7th February 2018, Zimbabwe’s largest ferrochrome producer, Zimasco, has been removed from judicial management and the board and management has assumed full control of the affairs of the company. In 2016, operational challenges and debts amounting to over US$140M saw Zimasco voluntarily apply to the High Court to… Read more

Amania Mining’s Bakhud Operation in Oruzghan province, Afghanistan.

Fluorspar: Amania Mining eyes 70,000tpy acidspar expansion

Amania Mining, the sole producer of fluorspar in Afghanistan, is reportedly eyeing a capacity expansion to increase total fluorspar output at its Bakhud operation in Oruzghan province to 500tpd—equating to around 130,000tpy when taking into account the average number of working days. The company already has a production capacity of… Read more

Tantalum: Production of tantalum from Greenbushes to be revitalised

Located in Western Australia, Greenbushes is currently operated by Talison Lithium and is mined for its lithium, tantalum and tin. This LCT-type pegmatite is one of the largest in the world and Global Advanced Metals (GAM) holds the rights to non-lithium minerals, processing tantalum at a sub-site. GAM hopes to… Read more

Almonty Industries

Tungsten: Almonty locks in 2018 price contract with 33% increase

Canada’s Almonty Industries, one of the leading producers of tungsten concentrates outside of China, has secured a price increase of more than 33% for tungsten produced at its Panasqueria mine in Portugal for 2018. In its financial results for the three months to 30 September 2017, Almonty noted that from… Read more