martes, 21 de agosto de 2018

Lithium-ion battery manufacturer planned output may rival entire market

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Mining News Digest
Tuesday 21 August 2018
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Eclipse.

International Battery Metals is going to work with Impact Technology Development on the design and construction of its first proprietary mobile lithium extraction unit.

The pipe is expected to be "an important source of incremental supply over the next four years."

The Browns Range heavy rare earths pilot plant was officially opened late last month and will make Northern Minerals the only significant dysprosium and terbium heavy rare earth producer outside of China.

Tradition.

Miner will include Sarine's mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.

The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.

Analysts thought profits would reach $9.27 billion.

Canada's Nutrien Ltd, the world's biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity.

Implats said on Monday that it expects its full-year loss to widen due to impairments relating to its Rustenburg assets.

India's coal imports appear headed for another strong month in August, raising the question as to why the usually cost-sensitive market hasn't scaled back purchases given a surge in prices to the highest in nearly seven years.

The final deal size could be smaller than $1 billion due to a steep drop in lithium carbonate prices.

Chile's gross domestic product grew 5.3 percent in the second-quarter of 2018 which is its biggest jump in nearly six years.

Kenmare Resources' pretax profit for the first half of the year tripled as it shipped more finished products to China and other Asian markets.

Gold is hitting new milestones of misery.

Following a fall.

For every failed mine, there was a positive feasibility study. Therefore, I conclude that mining is seldom an investment.

The downturn in Chinese lithium prices has also led to many false conclusions about what is really happening to the lithium price.

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