martes, 10 de julio de 2018

Lithium becomes Chile’s No. 4 mining export

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Mining News Digest
Wednesday 11 July 2018
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Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.

Chinese electric vehicle ecosystem continues to expand.

Jonathan Henry has resigned from his position as President, CEO and as a Director of Gabriel to pursue other opportunities with immediate effect, the company said.

Western Australia's Environmental Protection Authority has green-lighted a 50 to 100-year blueprint for the miner's operations in the Pilbara.

New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.

Until the miners arrived, these dunes were a quasi-barren wasteland. And the price of sand was, well, zero.

A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).

Mineral Deposits had rejected the revised A$345 million ($256.85 million) offer in June, saying it still undervalued the company.

The Chilean government said Salar Blanco could apply for a special operating license for its Maricunga project.

The Philippines is the world's No.2 nickel ore supplier after Indonesia, shipping the bulk of its output to top buyer China.

Over 80 percent of the total workforce earn a piece rate of 1 to 25 rupees for each stone they polish and have no social benefits.

Zaldívar signed a new power plant supply agreement with Colbún to produce copper with 100% renewable energy.

Huh Chin-kyu has become his country's latest billionaire thanks to increasing demand for the firm's copper coils.

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