China steps up overseas hunt for ore needed to make aluminum
Some 49% of China’s alumina capacity will be fed by overseas bauxite next year, up from 47% in 2021 and 30% in 2015.
Some 49% of China’s alumina capacity will be fed by overseas bauxite next year, up from 47% in 2021 and 30% in 2015.
His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel.
Despite the covid-19 pandemic, the mining equipment industry began growing in the second half of 2020.
Its subsidiary Ivanplats closed a $200 million gold and a $100 million palladium and platinum streaming facilities for Platreef.
Spending was A$877 million ($618 million) in the three months to Sept. 30, up from A$666 million in the June quarter.
The ore that contains sufficient valuable mineral to be treated by milling process is what ends up going into the processing plant compared to run of mine ore production.
The gold project is now part of Brazil's investment partnership programme (PPI), which supports minerals and metals deemed strategic for the country.
A report by SRK Consulting states that following the COP26, consumers and their host countries will be looking to the mining sector for a considerable portion of their carbon savings.
Move buys BHP and Wyloo more time for discussions over the takeover of Noront Resources, owner of the Eagle’s Nest nickel and copper deposit in Ontario.
Mining companies are scouring the globe for new deposits.