News

The growing role of rare earth elements in magnetic levitation
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China successfully completed a pilot run for the first suspended magnetic levitation (maglev) train line powdered by rare earth element (REE) permanent magnets. 

Invinity Energy Systems and US Vanadium eye US VRFB joint venture
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The companies have signed an MOU expressing mutual intent to create a US-based JV focused on building and selling VRFBs.

Union strike threatens shutdown at South African ferrochrome operations
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The National Union of Metalworkers of South Africa (Numsa) has lodged a wage dispute at the Metal and Engineering Industries Bargaining Council over its demand for a 15% across-the-board wage increase against Samancor Chrome’s 6% offer, according to the statement.

Heavy rare earth mining in Myanmar in the spotlight
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A recent report by Global Witness showed the wide extent of in-situ leaching rare earth mining in Myanmar, following remote sensing imagery commissioned earlier this year.

DARPA & USGS explore machine learning and AI to accelerate critical mineral assessments
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The project aims to speed up the assessment of the nation’s critical mineral resources by automating key steps in the process.

CATL to build a new lithium-ion battery plant in Hungary
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China’s CATL will build a US$7.5Bn battery plant in the city of Debrecen, increasing its position in Europe. 

South African energy regulations changes could open up increasing support from major miners
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Glencore has shown support for President Ramaphosa’s relaxing of the 100MW cap in energy supply from the private sector

Transnet turning to the private sector for a greenfield rail and deep-sea port
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Transnet has issued a Request for Qualifications from private developers for a new deep-water port at Boegoebaai in the Northern Cape province of South Africa.

Tesla spends US$5Bn on Indonesian nickel
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Tesla has reportedly signed a deal to purchase nickel from companies operating in the Morowali Industrial Park. 

Lindian Resources set to add Kangankunde rare earth project to its portfolio
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ASX-listed bauxite explorer, Lindian Resources, has agreed to take full ownership of the Kangankunde rare earth element (REE) project in southern Malawi

Investments in Tajikistan’s mineral wealth led by China
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Tajikistan recorded a doubling of foreign direct investment (FDI) inflows in H1 2022 with the majority directed to the country’s mining industry (US$89M).

Glencore ferrochrome production adds to positive H1 2022 results
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Glencore released its H1 2022 attributable ferrochrome production statistics of 786kt, placing FeCr among five commodities that saw improved performance compared to last year.

USA Senate passes US$740Bn package tackling climate, the deficit and healthcare
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The Inflation Reduction Act contains the most substantial investment in history to fight the climate crisis: US$375Bn over the next decade.

Nio to branch out into new markets
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Rumours suggest that the Chinese electric vehicle manufacturer is to launch a new range of affordable EVs and a smartphone.

CBMM forms partnership on nanocrystalline materials in electromobility
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CBMM has teamed up with Germany-based innolectric AG to investigate whether nanocrystalline magnetic materials can significantly increase efficiency in electromobility.

US deployment of clean energy slows substantially in Q2
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Policy headwinds, rising costs, and supply chain issues have led to a 55% y-on-y decline in project installations.   

Vanadium: more deals in 2022 suggest that VRFBs are getting traction
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Largo Clean Energy has signed a non-binding memorandum of understanding with Ansaldo Green Tech.

Lynas prepares to accelerate rare earth production
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ASX-listed Lynas has announced updated plans for expanding operations at its flagship Mt. Weld mine and concentrate plant in Western Australia.

Positive feasibility results for Euro Manganese
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The owners of the Chvaletice Manganese Project announced a positive feasibility result for the production of HP MSM and HP EMM from historical mine tailings.

Huayou Cobalt and LG Energy partnership points to growth in cobalt recycling
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LG Energy, the world's second-largest EV battery maker, has partnered with Huayou Cobalt, the world's biggest cobalt refiner, to build two new battery recycling plants in China.

TNG secures more funding for vanadium-titanium-iron project
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TNG Limited (ASX: TNG) has received further conditional finance for its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory.