US bill supporting seafloor mining lifts The Metals Company
The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.
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PureGold reaffirms Q3 guidance
Mining News Pro - Pure Gold Mining has reaffirmed its third-quarter guidance, having achieved record August production at its namesake mine, in Ontario, driven by record ore throughput and improved grades.
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Elphinstone turns a new leaf for underground BEVs
Mining News Pro - Elphinstone has begun developing battery electric vehicles (BEV) for underground hard rock mining using internal investment and a Federal Government grant to get started.
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Barrick Gold sees little hit from inflation, reaffirms 2021 targets
Mining News Pro - Barrick Gold Corp, said on Monday it was not expecting a major hit from inflation this year and stuck to its full-year forecasts as prices for the yellow metal tick up.
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Hudbay reaffirms 2021 guidance as Pampacancha production resumes
Mining News Pro - Copper and gold producer Hudbay Minerals has reaffirmed its production and operating cost guidance for the year, as its Pampacancha mine, in Peru, resumed production last month after finalising a new land user agreement.
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Seafloor mining fever drives $2.9 billion merger
Mining News Pro - Littering the abyssal plain of the Pacific Ocean are an estimated 21 billion tonnes worth of polymetallic nodules containing high grades of manganese, nickel, copper and cobalt – the battery metals that Tesla (Nasdaq: TSLA) has warned may soon be in short supply.
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DeepGreen hits backs at firms opposing seafloor mining
Mining News Pro - Canada’s DeepGreen Metals, a seafloor mining hopeful that recently announced plans to go public, is hitting back at companies including Google and BMI for committing to not buy minerals extracted from the seafloor until the environmental risks of the activity are “comprehensively understood.”
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Seafloor mining hopeful DeepGreen to merge with ESG-minded SPAC
Mining News Pro - DeepGreen, a Canadian developer of battery metals from seafloor polymetallic nodules in the Pacific Ocean, has announced its planned listing through a merger with NYSE-listed Sustainable Opportunities Acquisition Corp (SOAC).
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Seafloor miner DeepGreen plans listing through SPAC merger
Mining News Pro - Seafloor mining hopeful DeepGreen Metals is planning to go public through a merger with Sustainable Opportunities Acquisition Corp., a special purpose acquisition fund (SPAC) focused on ESG, energy and metals.
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Manganese market fundamentals reaffirmed at Tesla Battery Day
Mining News Pro - Giyani Metals Corporation says it is encouraged by the endorsement of high-purity manganese as a critical component of cathode chemistries, as discussed during the Tesla Battery Day event on September 22.
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DeepGreen partners with scientists on seafloor discovery program
Mining News Pro - DeepGreen Metals announced Tuesday it has formed partnerships with scientific research institutions and universities on its deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules from the bottom of the Clarion Clipperton Zone (CCZ) of the Pacific Ocean.
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Extracting battery metals from seafloor may beat traditional mining
Mining News Pro - Mining battery metals from the ocean floor could potentially eliminate or dramatically reduce most of the environmental and social impacts associated with the extraction of riches from the Earth’s surface, a new study claims.
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DeepGreen to make run for battery metals from seafloor
Mining News Pro - DeepGreen Metals, a Canadian start-up planning to extract cobalt and other battery metals from the seafloor, has added a new area to its seabed portfolio, which it believes could potentially help it solve the bottleneck supply of critical battery metals needed for the world’s green energy transition.
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South Korean EAF Steel Manufacturers to Increase Prices amid Rising Graphite Electrode Costs
Mining News Pro - According to market sources, the South Korean special steel manufacturers that use EAFs (Electric arc furnaces) for production are likely to increase their product prices starting from Sep’18 in response to rising raw materials such as scrap, graphite electrodes (GE) and alloy steel prices.
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Iranian Khorasan Steel’s DRI output hits new high with added EAF production
Mining News Agency -It was reported that Khorasan Steel, the fourth-largest steelmaker in Iran, started operating its second electric arc furnace (EAF) plant last year, and drove the direct reduced iron (DRI) output growing.
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