In her 2022 State of the European Union address, European Commission President von der Leyen noted that without secure and sustainable access to the necessary raw materials, Europe’s ambition to become the first climate-neutral continent is at risk.
PT Vale Indonesia and China’s Taiyuan Iron & Steel (TISCO) are setting up a 49:51 JV in Bahodopi, in the Morowali district in Indonesia, to produce 73-80ktpy of ferronickel. The ferronickel plant is planned to be commissioned in 2025 at an estimated cost of US$21Bn.
Oman Chromite Company (OCC) produced 25.9kt of chromite ore in H1 2022, up 177% year-on-year. Profits were up 145% year-on-year, supported by higher ore prices in H1 as well as lower costs, according to the company.
FerroAtlantica, the Spanish subsidiary of Ferroglobe, has announced the suspension of the last two furnaces in operation at its ferromanganese and silicomanganese plant in Boo.
Outokumpu, the integrated Finnish stainless steel producer, and Zimasco, the Chinese-owned ferrochrome producer in Zimbabwe, have announced suspensions of ferrochrome furnaces at their flagship operations.
Redwood Materials, a Li-ion battery recycler and parts remanufacturer, is seeking further expansion into Europe, a move that would allow it to strengthen and expand its newly formed collaboration with VW America.
The automotive giant asked for faster mine permitting, greater transparency in the review process and a boost in federal funding for geological mapping.
Stainless steel producers in Europe have announced several cutbacks and shutdowns at operations, citing high energy prices as the major challenge.
Cobalt Blue completed the extraction of 4,000-5,000t of ore from the Broken Hill Cobalt Project (BHCP) in New South Wales for processing at its Demonstration Plant.
A meeting on offshore wind energy held by the Baltic Sea bordering nations (excluding Russia) agreed to increase offshore wind capacity to 20GW by 2030 and to over 90GW by 2050.
With a AUD150M (~US$100M) investment, Wyloo Metals has become a strategic investor in Hastings Technology Metals. The funds are earmarked for Hastings to acquire a 22.1% stake in Neo Performance Materials.
The SAIMM hosted a Battery Raw Materials conference in South Africa with sessions on value chain, technology, sustainability, processing, and recycling of lithium-ion and other battery technologies.
Colorado utility Xcel Energy will test the use of Ambri’s liquid-metal energy storage technology in a demonstration project of calcium-antimony liquid metal batteries’ ability to interact with renewable energy.
Landesnahverkehrsgesellschaft Niedersachsen has started replacing diesel locomotives with hydrogen-powered trains on a 100km stretch track in northwestern Germany.