Polish government drops coal merger idea
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering merging them with mines, said Industry Minister Marzena Czarnecka in a interview published on Wednesday in Rzeczpospolita daily.
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Vitol CEO confirms energy trading giant is getting into metals
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead.
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Vulcan Energy starts its first lithium chloride production in Germany
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.
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Fortescue partners with OCP Group for green energy development in Morocco
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets, as the iron ore miner looks to transform itself into a green energy superpower with a global footprint.
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Vale buys remaining 45% stake in Alianca Energia for $541 million
Brazilian miner Vale said in a filing on Wednesday it had signed a contract to buy a 45% stake in Alianca Energia from Cemig GT, a subsidiary of energy firm Cemig, for 2.7 billion reais ($540.9 million).
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Gecamines offers to buy some of Khazakh miner ERG’s copper assets
Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group’s copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition.
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Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.
Alaska Energy Metals said on Monday that its 100% owned Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known nickel resources in the US following an update to the NI 43-101 mineral resource estimate (MRE).
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Toro Energy to grow Wiluna uranium project with satellite deposits
Toro Energy has unveiled plans to grow its Wiluna uranium project in Western Australia with the integration of two of the company’s fully-owned satellite deposits currently under assessment as part of an extension study.
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Most cobalt producers loss-making after 2023 price slump, says ERG
Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump last year, Benedikt Sobotka, chief executive at metals miner Eurasian Resources Group (ERG), said on Tuesday.
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Vale BM says decision to merge Canada nickel ops with Glencore a priority
Mining News Pro - Vale Base Metals (VBM) is prioritizing a decision on whether to combine its nickel operations in Canada’s Sudbury basin with those of Glencore this year, a move that could reduce costs for both companies, its chairman said.
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US seeks to jumpstart production of higher-energy uranium now made in Russia
Mining News Pro - The US is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels for use in a next generation of reactors, a fuel currently only available in commercial levels from Russia, the Department of Energy said on Tuesday.
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Two-dimensional supercrystals harvest solar energy efficiently to produce hydrogen
Mining News Pro - An international team of researchers has developed a two-dimensional supercrystal that generates hydrogen from formic acid with the help of sunlight.
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Platinum miners’ underground protest in South Africa goes on
Mining News Pro - Impala Platinum Holdings Ltd. said an underground protest at one of its mines in South Africa is unresolved, with more than 2,000 workers still below surface.
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Allkem shareholders approve $10.6bn Livent lithium merger
Mining News Pro - Investors in Australian lithium producer Allkem voted on Tuesday to accept a $10.6 billion merger offer from US giant Livent that would create one of the world’s biggest lithium companies.
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Iron ore benchmarks diverge as China tries to cool prices
Mining News Pro - The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China’s domestic futures posting a decline.
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enCore Energy becomes newest US uranium producer after Rosita restart
Mining News Pro - enCore Energy has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant.
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Ecuador-focused Adventus and Luminex to merge
Mining News Pro - Canadian junior Adventus Mining is acquiring cohort Luminex Resources in an all-stock deal that creates an Ecuador-focused copper-gold development company.
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Livent starts Australian campaign for $10.6bn Arcadium Lithium merger
Mining News Pro - US lithium major Livent will begin meeting Allkem Australian investors from Monday ahead of a vote next month to approve a $10.6 billion merger that would form the world’s third-largest producer amid weakening demand and prices for lithium.
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Fierce community opposition to copper, lithium projects threatens energy transition
Mining News Pro - Nationwide protests against mining projects are once again grabbing headlines amid a sweeping sense of urgency from governments and communities to gain greater control over minerals and metals that are essential for the transition to a low-carbon economy.
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Alaska Energy Metals stock rises on drill results at Nikolai nickel project
Mining News Pro - Alaska Energy Metals’ stock rose on Monday after releasing results for two additional diamond drill holes from its 2023 exploration program at its 100% owned Nikolai nickel project.
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Kazakh miner ERG plans $800 million revamp of DRC copper, cobalt mine
Mining News Pro - Kazakh miner Eurasian Resources Group (ERG) plans to invest $800 million to revamp its Comide copper, cobalt mine in Democratic Republic of Congo, it said on Friday.
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How junior explorers can emerge from the dust
Mining News Pro - No doubt 2023 has been a difficult year for the junior mining sector.
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Posco-backed group invests in lithium technology startup EnergyX
Mining News Pro - A consortium led by South Korean conglomerate Posco Holdings is investing in lithium technology startup EnergyX as it considers more efficient ways to produce the battery metal for the green energy transition.
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UK risks losing out to Europe in hydrogen energy race
Mining News Pro - In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030. Two years later, delivery is falling short and it’s dropped behind European rivals jostling for a piece of the market.
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Colombian mining sector needs clear government messaging for energy transition
Mining News Pro - Colombia’s mining industry is ready to contribute to the energy transition but needs coherent messaging from the government to create the certainty needed to support investment, the boss of the Colombian Mining Association (ACM) said on Monday.
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