jueves, 22 de marzo de 2018

BMW mining deals shelved until EVs can be mass-produced

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Mining News Digest
Friday 23 March 2018
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The German luxury vehicle maker said mass production of EVs is not viable until 2020 when its proprietary electric drive technology is expected to be profitable enough.

CEO George Burns recognized that 2017 was a challenging year.

Physicists from MIT, Harvard University, and Lawrence Berkeley National Laboratory have produced what the call "a kagome metal" — an electrically conducting crystal, made from layers of iron and tin atoms, with each atomic layer […]

Australia's Whitehaven Coal is acquiring the Winchester South project, located in Queensland.

The company has entered into an agreement to buy Aurenere, a project located in the northern Spanish province of Lleida.

The company's Dumont cobalt and nickel project in Quebec is the world's largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.

China's decision will take effect if no agreement is reached with the U.S.

Last year Goldman's commodities business posted one of its worst results on record.

The 36-month contract was approved by 75 per cent of the union.

The project will connect remote First Nations in Northwestern Ontario to Ontario's power grid and provide for savings associated with avoided diesel costs.

"I think direct impact on steel is quite marginal because the United States is not such a big steel producer," said Arnoud Balhuizen.

A lack of returns to governments is drawing a backlash from Mali in the Sahara to Tanzania on the Indian Ocean.

It was unclear where all the funding would come from and analysts said the project start date of July looked very ambitious.

The National Mining Association (NMA) has recognized Kinross Gold Corporation for receiving independent certification under its CORESafety® system.

A total of 12.5 million tonnes of manganese will be transported every year once Transnet signs contracts with nine local manganese producers.

Chalco increased net profit by 274 percent last year as supply-side reforms and an environmental crackdown lifted aluminium prices.

Anti-government sentiment is set to further escalate in the run-up to the legislative election in September, and mining firms are likely to experience even more disruption as many blame them for the state's failure to contribute to their wellbeing.

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