News

Is the future of wind energy rare earth-free?
Blue View   

UK-based engineering firm, GreenSpur Wind, and US magnet manufacturer, Niron Magnetics, have announced a successful collaboration to develop rare earth element (REE)-free wind turbine generators.

South Africa looks to energy storage to help solve Eskom woes
Blue View   

Eskom has announced details of forthcoming Battery Energy Storage System deployments, as South Africa looks to solve the country's energy crisis. 

Construction starts at Pensana’s UK Saltend facility with secured government support
Blue View   

Pensana broke ground to commence construction of its Saltend rare earth plant project in the UK. With the UK government launching its Critical Minerals Strategy at the Saltend site, Pensana announced that it has secured funding from the UK’s £1Bn Automotive Transformation Fund (ATF) to support the development of a rare earths processing hub.

Indonesia and its nickel industrial strategy attracting more investment
Blue View   

A recent announcement by PT Trinitan Green Energy Metals (TGEM) indicated plans to build a 50ktpy class 1 nickel processing facility for the production of battery-grade nickel in an integrated “INGNITE” Eco-Industrial Park in the Sorong Special Economic Zone (SEZ), West Papua, Indonesia.

Appeal for Chinese manganese alloy producers to cut production
Blue View   

The Manganese Committee of the China Ferroalloy Industry Association called on its members to reduce ferroalloy production by 60% while minimising the purchasing of foreign manganese ore.

World crude steel production drops 5.5% y-on-y in H1
Blue View   

World crude steel production declined 5.9% y-on-y in June and 3.3% y-on-y in China. For H1 2022, the respective y-on-y drops were 5.5% and 5.6%.     

Northvolt partners with Stora Enso to develop wood-based battery anodes
Blue View   

Northvolt and Stora Enso have agreed to jointly develop a novel battery anode technology using lignin-based hard carbon produced from Nordic forest wood. 

China sets up a new company aimed at taking more control over iron ore
Blue View   

China Mineral Resources Group is a conglomerate with a registered capital of US$3Bn aiming to increase China’s control over bulk commodities, primarily iron ore.  Its scope covers mining, ore processing and trading.

Niobium: Globe Metals & Mining reports progress at Kanyika
Blue View   

Globe reported that it is closer to the finalisation of its mining development agreement with the Malawi Ministry of Mining

What will be the impact of the UK’s critical minerals strategy?
Blue View   

Last week, the UK Government published Resilience for the Future: The UK’s critical minerals strategy.  Project Blue assesses what the strategy is likely to mean for the country. 

Volvo announced increased EV sales and operating margins for Q2
Blue View   

Volvo, the Swedish car manufacturer, increased sales of electric and hybrid vehicles as a share of overall sales to 31%. Battery EV profit margins improved from 13% in Q1 to 15% in Q2. 

South African manganese mine production statistics available to date show a 5.9% decline
Blue View   

The latest mine production statistics available for May 2022 from the South African DMRE suggest that manganese production in the country was down 5.9% year-on-year for the January to May period.

Arafura Resources signs deal to supply NdPr to GE Renewable Energy
Blue View   

GE Renewable Energy and Arafura Resources have signed a non-binding memorandum of understanding to supply neodymium and praseodymium (NdPr) oxides to help power GE’s Haliade-X offshore wind turbines.

Mandalay’s antimony production down in the second quarter
Blue View   

Mandalay Resources announced “below expectations” production statistics for Q2 2022 with 11.1koz of gold and 523t of antimony contained in concentrates mined at the Costerfield deposit in Australia.

Jubilee Metals Group commissions Zambia copper-cobalt refinery
Blue View   

Jubilee’s Sable Refinery expects to start commercial production of copper and cobalt in August 2022.

CATL close to LMFP commercialisation
Blue View   

CATL has reportedly announced plans to mass produce its Qilin LMFP batteries by 2023.

Pilbara Minerals issues spodumene concentrate auction update
Blue View   

Last week, Pilbara Minerals updated the market on the results of its latest spodumene concentrate auction, held via its digital Battery Material Exchange platform. 

Panasonic to build a US$4Bn electric vehicle battery plant in USA
Blue View   

The Japanese technology giant, which supplies most of Tesla's EV batteries, will build its new battery plant in De Soto, Kansas. 

Nouveau Monde Graphite issues results of a feasibility study
Blue View   

Canadian-based Nouveau Monde Graphite (NMG) has issued results of a NI43-101 compliant feasibility study for its vertically-integrated graphite operation comprised of its Matawanie mine and Becancour plant projects.

Antimony: weak demand versus tight supply… will prices hold up?
Blue View   

Antimony demand has seen several downturns this year, but prices remain high. Official May trade data shows that imports of antimony concentrate to China are down 44% year-on-year, causing stocks to be drawn down quickly.

Vanadium: Neometals announces positive cost study results
Blue View   

Last week, Neometals announced the completion of a cost study on the Vanadium Recovery Project in Finland.