Niobium Mining News

CMOC Intl CEO Madhavpeddi leaves mining giant

The parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.

Niobay Metals announces closing of private placement with Osisko Gold Royalties

Osisko purchased 9.0 million common shares of NioBay Metals and now owns approximately 19.7% of Niobay’s issued and outstanding Shares.

Fusion power using superconducting magnets: researchers are almost there

MIT scientists describe fusion power as a potentially "inexhaustible and zero-carbon source of energy."

Mosaic says quarterly revenue rises 12 pct

Company said rising potash and phosphate prices boosted net sales.

NioCorp’s product suite at its Elk Creek superalloy metals mine proposed as “critical minerals” under Trump initiative

NioCorp believes that the proposed listing significantly elevates the strategic importance of the Elk Creek Project.

Vale closes sale of fertilizer business to Mosaic for $1.4 billion

Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

Up to 1,200 construction workers expected to be hired to build NioCorp’s Elk Creek facility

Overall, as much as $750 million out of a total of $1 billion in capital expenditures is expected to be spent in Nebraska to establish the facility.

Nebraska governor says NioCorp’s Elk Creek a 'high-priority' project

Niocorp's Elk Creek project in southeast Nebraska aims to produce niobium, scandium and titanium.

Vale resumes sale of remaining fertilizer assets in Brazil

A reworked sale process for plants located in the southeastern city of Cubatão was reportedly launched in recent days.

Vale not giving up on Rio Colorado potash project just yet

Instead, the company is moving forward with a new prefeasibility study for the Argentina-based asset.

Vale to sell fertilizer business to Mosaic for $2.5 billion

Mosaic has agreed to acquire most of Vale's phosphate assets in Brazil, its stake in Peru's Bayovar mine and the firm’s Kronau potash project, in Canada.

Vale may reconsider selling $10 billion in core assets — report

If prices for the commodities it mines continue to pick up, the firm must cancel plans to sell some of its best assets.

Vale board OK’s sale of fertilizer unit — report

Most of the division’s assets will be acquired by Mosaic, the world’s largest producer of phosphate fertilizer.

Chinese firm buys Anglo American niobium and phosphate operation in Brazil

CMOC bought Fosfatos Brasil Limitada and Nióbio Brasil Limitada for US$1.7 billion.

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies, rather than trying to build mines from scratch.

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

Mosaic in talks to acquire Vale fertilizer unit in $3bn deal — report

A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.

Niobium mining – The first step in building a fighter jet

In what was probably the least publicized bidding war in mining history, fifteen companies took part in the sale of Anglo American’s niobium and phosphates operations located in the states Goiás and São Paulo, in Brazil.

Brazil’s mining sector to recover lost ground as iron ore, metal prices stabilize

Higher gold prices will push miners to restart or speed up development of projects, leading a fresh wave of mergers and acquisitions in the country, according to BMI Research.

Anglo American to sell Brazilian units to China Molybdenum for $1.5 billion

The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.

X2 said to miss out on Anglo's Brazilian mines

Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.

X2 in the running for Brazilian niobium – report

Anglo hopes to get $1 billion bids for its niobium and phosphate assets next week

Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

This is Aaron Regent’s first acquisition since founding Toronto-based Magris Resources.

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."