Germany Mining News

Silver becomes key component for ultra-efficient solar cells

"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights.”

Volkswagen to spend $50 billion on electric car 'offensive'

German automaker is also considering involvement in battery production.

Germany's K+S axes earnings guidance as severe drought hits 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.

VW to convert three German plants to build electric cars

Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.

Stung by Asian dominance, Germany pours cash into EV battery ventures

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.

BASF and Nornickel join forces in European EV battery push

The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.

Germany’s Trimet expects strong 2019 aluminium demand

Global demand for aluminium expected to increase in 2019.

Scientists weigh call for much deeper cuts to coal pollution

Coal currently feeds about 27% of the world’s energy demand.

K+S flags $93m hit on Q3 profit due to drought

Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.

Germany's move to scrap coal is said to boost cost for taxpayers

Chancellor Angela Merkel’s plan to close Germany’s remaining coal-fired power stations will drive up subsidies for regions that mine the commodity.

RWE fears lignite industry collapse in hasty coal exit by Merkel

Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities.

German K+S halts production at 2nd site as severe drought drags on

Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting the country, especially in the northern and eastern parts.

Fueling a town with waste

In Benin, six tonnes of organic waste are turned into biogas every week.

Merkel allies pile on the pressure to keep coal plants running

Germany’s states are upping pressure on Chancellor Angela Merkel to keep coal-fired power for as long as 30 years as the nation approaches a deadline for setting an exit date from the fossil fuel.

Krupp foundation rejects break-up of Thyssenkrupp – Der Spiegel

The head of the Thyssenkrupp foundation ruled out a break-up of the German steel-to-submarines conglomerate.

Germany to host Europe's first EV battery plant

BMW already signed up as the factory's main client.

KME buys German copper product producer Mansfelder Kupfer

A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).

Rio Tinto says synergies, no Brexit behind decision to move sales team to Germany

London-based sales and marketing staff to relocate to Frankfurt beginning September.

China’s No.1 maker of battery cells for EVs to build plant in Germany

A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.

Germans rally against the country’s reliance on coal

According to WWF, Germany's CO2 emissions have not dropped for nine years.

Germany's Heraeus to open $100 mln precious metals recycling plant in China

China is the world's biggest car market and produces only a fraction of the platinum and palladium it consumes.

German battery maker Akasol plans Frankfurt listing in June

The company is planning to sell new shares worth about 100-125 million euros ($117-$147 mln) in a deal valuing it at about 400-500 million euros.

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

German researchers say mining intensifies social conflicts in Peru

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru.

HSBC pulls the plug on coal

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.