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NEWS Click on text to read news by category: General | Product | People | Worldwide

First Phosphate, Lithium Australia Sign MOU to Build Manufacturing Facility in North America

January 22, 2024

First Phosphate Corp. has signed a memorandum of understanding (MOU) with Lithium Australia Limited for the potential development of a lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) cathode active material (CAM) manufacturing plant in North America. LIT

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Australian Pacific Coal Finalizes $60 Million Funding Package to Restart Dartbrook coal mine

January 22, 2024

Australian Pacific Coal (AQC) and its joint venture (JV) partner Tetra Resources have finalized a three-year $60 million debt facility with Vitol Asia to restart the Dartbrook Coal Mine located in New South Wales, Australia. The funding will cover forecast

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First Quantum Submits Cobre Panama Mine Preservation Plan to Panama Government

January 19, 2024

Canadian miner First Quantum has delivered an initial preservation and management plan to the Panamanian trade ministry regarding its lucrative copper mine in the country, the miner’s Panamanian unit said on Wednesday. The plan takes into account the “abrupt and

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Study Shows AI Could Help Power Plants Capture Carbon Using 36% Less Energy from the UK Grid

January 18, 2024

Using artificial intelligence (AI), scientists from the University of Surrey adjusted a system based on a real coal-fired power station. The model could capture 16.7 percent more carbon dioxide (CO2) while using 36.3 percent less energy from the U.K.‘s national

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Perenti Secures $276 Million Contract Extensions for Three Underground Gold Mines

January 18, 2024

Australia-based mining services company Perenti has secured contract extensions worth $275.8 million (A$420 million) for three different underground gold mines. Awarded to Perenti’s underground mining businesses, the contract extensions are for the Gold Fields’ Agnew, AngloGold Ashanti’s Obuasi, and Roxgold’s

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First Quantum Minerals to Halt Mining at Ravensthorpe Nickel Operation in WA, Cut 30% Staff

January 17, 2024

First Quantum Minerals (FQM) has announced a significant reduction in operating activities at its Ravensthorpe Nickel Operation (RNO) in Western Australia (WA). The company is suspending mining at the Shoemaker Levy ore body and bypassing the high-pressure acid leach (HPAL)

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Fatality at BMA’s Saraji Coal Mine, Australia

January 16, 2024

The mining safety regulator has begun an investigation after an employee was crushed to death at a central Queensland coal mine on Monday. The 27-year-old man was working at southern section of the BMA Saraji Coal Mine located in the

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Black Swan Graphene Inks Commercial Agreement with Hubron International

January 16, 2024

Black Swan Graphene has entered into a commercial agreement with Hubron International Ltd. specializing in customized solutions in plastic masterbatch and conductive compound manufacturing. This strategic partnership is set to hasten the commercialization of Black Swan’s graphene products, leveraging Hubron’s

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Saudi Arabian Mining Company Ma’aden and Hexagon Partner to Launch Region’s First Digital Mine

January 16, 2024

Saudi Arabian mining company Ma’aden and Hexagon have partnered to launch the Middle East’s very first digital mine. Hexagon’s life-of-mine technology solutions are being successfully deployed at Mansoura Massarah mine, combining sensor, software, and autonomous technologies to enhance efficiency, productivity,

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China’s Rare Earth Exports Hit 5-Year High on Demand from EV, High-Tech Sectors

January 15, 2024

China’s exports of rare earths in 2023 rose 7.3 percent from the prior year, customs data showed last week, boosted by competitive prices and growing overseas demand from electric vehicle makers and other high-tech sectors. The world’s largest producer of

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