Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal
Europe Mining News
CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected economic crimes.
"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights.”
It is expected that companies may choose to use the updated guidance starting January 1, 2019.
German automaker is also considering involvement in battery production.
The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.
The company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation.
Budgets jumped about 19%, outpacing last year’s gain.
Swedish mining equipment maker Epiroc AB is aiming to electrify all its underground machines within five years.
Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.
The diamond industry must go beyond just lip service and meaningful measures to bring itself into line with international standards.
Sid Tipples, joint head of JPMorgan's metals business, will leave the bank around the end of the year.
In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
The agreement provides a considerable combined offering to the mineral exploration and mining market.
The Euro Sun describes it as one of the largest mineral deposits in the European Union.
U.S. authorities had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2019.
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries.
We are now working on internal approvals for the final stage of talks - Daniel Ozon, CEO Prairie Mining
Q3 down 61% from 2017.
Worst October since the 2008 financial crisis.
Industry sources say automaker interest bodes well for the contracts, but new contracts usually take years to gain traction and a lack of interest from steelmakers could slow the process.
The link’s capacity increased to 1 million barrels a day from 900,000.
While MMK said it sees stable demand for steel products in its markets, it warns that global steel prices could put pressure on results.
The Zaldívar copper mine in Chile, a joint venture between Antofagasta and Barrick, will be able to replace greenhouse gas emissions equivalent to 350,000 tonnes per year, or about 87,000 vehicles annually.