China copper smelters move closer to possible 10% production cut
Chinese smelters, which produce over half the world’s supply of refined copper, moved a step closer to implementing a joint output cut after tightening ore supplies drove processing fees to near zero.
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Visit: 77
Adani kicks off $1.2 billion Indian copper smelter
Indian billionaire Gautam Adani has started operating the first unit of his $1.2 billion copper smelter, the tycoon’s first foray into metals refining.
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Visit: 101
Indonesia’s Antam to start building new nickel smelter, HPAL plant in 2025
Indonesian state-controlled miner Aneka Tambang (Antam) aims to launch the construction of two nickel processing facilities next year under its partnership with China’s Ningbo Contemporary Brunp Lygend Ltd (CBL).
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China’s top copper smelters agree on rare joint production cuts
Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to sources with knowledge of the plans.
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Visit: 68
Copper fees plunge close to zero in test for China’s smelters
China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures, raising focus on whether they will keep resisting pressure for production cuts.
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Visit: 77
China’s copper smelters to discuss production cut as fees slump
China’s biggest copper smelters are set to meet in Beijing next week to discuss measures to counter a plunge in ore processing fees to the lowest level in years, including potential production cuts.
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Visit: 73
Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile
Indian billionaire Gautam Adani’s group will source copper concentrates from Peru, Chile and Australia to kick-start its $1.2 billion copper smelter, the world’s biggest single-location plant of its type, a top company official said.
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Visit: 94
China copper smelter margins squeezed by tight supply of raw material
Competition for mined copper supplies is expected to intensify, further eroding margins for Chinese firms that produce half the world’s refined copper, but significant output cuts that tighten the metal market are unlikely.
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Visit: 205
Death toll at Indonesia smelter fire rises to 18, operation halted
The death toll from a fire at an Indonesian nickel smelter has risen to 18 as of Tuesday from 13 on Sunday, local police said, while operations at the smelter remain suspended as authorities investigate the cause of the incident.
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Visit: 67
Mitsubishi, Freeport completes copper smelter expansion in Indonesia
Mining News Pro - Indonesian copper smelter operator PT Smelting, a joint venture between Mitsubishi Minerals Corp and PT Freeport Indonesia, inaugurated on Thursday an expansion in capacity of its smelter facility in East Java.
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Visit: 81
Copper miners, Chinese smelters agree first drop in fees in 3 yrs
Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said.
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Visit: 154
Aurubis to invest about $700 million to build smelter in US
Mining News Pro - Europe’s biggest copper smelter Aurubis will invest around $700 million to build a smelter for complex recycling materials in North America, the company said on Wednesday.
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Visit: 127
US-China tensions boost prospects for Mexico copper smelter plan
Mining News Pro - US-China tensions are boosting the prospects of a Mexican copper smelter project proposed by Southern Copper Corp.
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Visit: 155
Congo plans new copper-cobalt smelter to serve informal miners
Mining News Pro - Democratic Republic of Congo said it’s backing plans for a new domestically owned copper-cobalt plant to help formalize artisanal mining in the country, at a time when minerals crucial to electric vehicles are moving further into the global spotlight.
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Visit: 176
Indonesian nickel smelters turn to Philippines for ore as local supply tightens
Mining News Pro - Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the raw material and pushing up costs across the supply chain.
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Visit: 122
Chile wants to boost local copper smelting capacity to rely less on Asian plants
Mining News Pro - Chile, the top copper-mining nation, is moving forward with a strategy to grow local processing capacity in a bid to reduce its dependence on Asian smelters and make shipping cleaner.
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Visit: 135
Canada opposes commercial seabed mining without environmental assessment, regulations
Mining News Pro - Canada is against commercial seabed mining in international waters without a comprehensive understanding of its environmental impacts and a robust regulatory regime, the federal government said on Monday.
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Visit: 158
Boliden’s Ronneskar metals smelter damaged in fire, output halted
Mining News Pro - A fire broke out overnight at Sweden’s Ronnskar smelter, a major producer of copper, zinc, lead and other metals, and output from the site has been halted until further notice, plant owner Boliden said.
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Visit: 170
Development of ESCO’s smelting activity in Sangan region, Iran
Mining News Pro - Chief executive of Esfahan Steel Company said that this huge industrial complex is trying to create a hub for its supply of raw materials in Sangan region.
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Visit: 202
Rio Tinto starts construction to expand capacity at Quebec aluminum smelter
Mining News Pro - Rio Tinto starts construction to expand capacity at Quebec aluminum smelter
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Visit: 220
Vale Indonesia breaks ground on $2.5 billion ferronickel smelter
Mining News Pro - Nickel miner PT Vale Indonesia broke ground on a 37.5 trillion rupiah ($2.48 billion) ferronickel smelter Sulawesi island on Friday, an Indonesian senior minister said.
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Visit: 167
Environmental and human rights assessment of Rio Tinto’s former Panguna copper mine begins
Mining News Pro -The Panguna mine was operated by BCL, majority-owned by Rio Tinto, for 17 years from 1972 until 1989, when operations were suspended due to an uprising against the mine and subsequent civil war. A peace agreement was signed in 2001.
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Visit: 465
Aluminum price at 17-month lows as strong dollar overshadows smelter cuts
Mining News Pro - Aluminum prices fell to 17 month lows on Tuesday as a strong dollar and worries over economic growth overshadowed production cuts in Europe.
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Visit: 397
Nyrstar’s shut Dutch smelter invigorates zinc bulls
Mining News Pro - Expectations of deeper production cuts in Europe, shortages and dwindling stocks after high energy costs forced Nyrstar to shut its zinc smelter in the Netherlands have bolstered zinc’s price prospects.
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Visit: 620
Glencore takes heat in Quebec for smelter that spits out arsenic
Mining News Pro - Quebec’s public health director took aim at Glencore Plc for toxic emissions at a copper smelter in the province’s northwest, saying the level of pollution must be brought down quickly because of evidence it’s causing increased risk of cancer and other health problems.
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Visit: 543