Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up, and existing projects in Guinea drive growth.
Asia Mining News
Protectionism could limit future growth.
Demand for spherical graphite continues to grow rapidly for use in the anodes of lithium-ion batteries.
The market research firm states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong.
For the International Energy Agency, having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business.
Russia's Rusal is the world's largest aluminium producer outside China.
Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.
China alumina, aluminium output set for repeat curbs this winter.
Archaeologists unearthed 3,000 gold and precious metals objects and jewelry pieces.
Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.
The resolution seeks to amend laws in Goa so that existing miners can continue to extract ore for about 20 years.
Trump has reportedly rejected a plan to levy tariffs of 10 percent on an additional $200 billion of imports from China and ordered aides to prepare a proposal for tariffs at the higher rate of 25 percent.
Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.
He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion).
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
Chigargunta-Bisanatham will be an underground mine and it would mark the first time the NMDC develops this type of operation.
Billionaire Anil Agarwal in July said he planned to offer around $1 billion to take London-listed Vedanta Resources Plc private, a move that has rekindled speculation his ultimate aim is a deal with miner Anglo-American.
The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.
U.S. tariffs on auto may hugely impact on Japanese industries.
The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.
Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change and potential damage to the Great Barrier Reef.
The smelter was shut down in May after 13 people died after coming under police fire during violent protests over alleged pollution.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well as salaries of sailors and officers.