Swedish consortium gets funding to commercialize grid-scale energy storage concept
Mine Storage aims to build the world’s first commercial underground mine storage facility.
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Metso Outotec awarded with more than 100 new Life Cycle Services agreements in 2021
The customer base for the new agreements covers global and regional mining companies and large as well as mid-size quarries and aggregates contractors.
Russian billionaire Potanin faces $7 billion divorce claim in London
His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel.
Copper price rises while Commerzbank sees setback in 2022
The global refined copper market is expected to be in a significant surplus in 2022, according to ICSG.
Noram Lithium PEA places Zeus project in Nevada at $1.29bn NPV
Production over life of mine (LOM) would reach 245.4 million tonnes, averaging 1,093 ppm Li.
European zinc smelter power woes spark scramble for metal
The zinc market is turning out to be considerably tighter than anyone expected just a few months ago, writes Andy Home.
Brazilian steelmaker CSN, mining subsidiary CSN Mineracao to raise capex
CSN will increase consolidated capex next year by 46%, to $727.80 million.
Mining equipment market to hit $90 billion by 2027 — report
Despite the covid-19 pandemic, the mining equipment industry began growing in the second half of 2020.
Ivanhoe Mines secures $300m in stream financing for Platreef
Its subsidiary Ivanplats closed a $200 million gold and a $100 million palladium and platinum streaming facilities for Platreef.