Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,
Japan Mining News
Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.
The boardroom shake-up comes a few days after fresh cases of misconduct at its Naoshima copper smelter and refinery in western Japan was found.
The mine, behind schedule ever since it began producing in May 2014, has been affected by a series of technical problems in its ramp-up phase, costing its owners hefty impairment charges.
But the Canadian company said the uranium market remained “quiet.”
Next week Indians will be celebrating the annual festival of Akshaya Tritiya, when buying gold is considered auspicious.
Miners were forced to curb spending by a collapse in commodities prices in 2015-16, but a partial price recovery since then has eased the pressure.
Japan's third-biggest copper smelter said it plans to produce 187,374 tonnes of refined copper during April-September.
The Japanese energy and metals company said the impairment loss at its Caserones copper mine in Chile was due to higher production costs.
Reactions continue to pour in following U.S. President Donald Trump’s imposition of 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada.
Brazil, Argentina, Japan and the EU have expressed concerns about the measure.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
Company expects Côte Gold project to create as many as 1,200 jobs during the construction phase, estimated to last two years.
Canada’s top uranium producer is seeing the first improvements brought by higher prices and drastic cost-cutting measures, including the recent haly of its flagship McArthur River mine in northern Saskatchewan.
Japanese scientists want to determine the needed components to design batteries with less volatility and flammability.
The operator of Japan’s stricken Fukushima Daiichi nuclear power plant has been given initial approval to restart reactors at another atomic facility, marking the first step towards the firm’s return to nuclear power generation more than six years after the March 2011 triple meltdown.
Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.
After three days of carefully navigating through a shattered reactor building, the Manbo finally reached the heavily damaged Unit 3 reactor.
But low prices for the radioactive commodity remain a challenge, the latest report by the US Geological Survey (USGS) shows.
Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.
Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.
"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.
Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.
The agreement brings Yancoal’s stake in the Warkworth project to about 85 percent.
Komatsu America Corp., a leading global heavy equipment manufacturer, introduced the D375A-8 crawler dozer today