News
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Anglo American’s divestiture of South African thermal coal assets is approved by shareholders
On May 6, shareholders of the miner Anglo American approved the company’s proposal to divest the South African thermal coal business and form a new company, paving the way for the listing of the new company next month. It is understood that the thermal coal assets of South Africa after...Read more -
Anglo American Group develops new hydrogen energy technology
According to MiningWeekly, Anglo American, a diversified mining and sales company, is cooperating with Umicore to develop a technology through its Anglo American Platinum (Anglo American Platinum) company, hoping to change the way hydrogen is stored, and Fuel cell vehicles (FCEV) provide power. A...Read more -
Russia’s mining company has made efforts or contributed to one of the world’s largest rare earth deposits
Polymetal recently announced that the Tomtor niobium and rare earth metal deposits in the Far East may become one of the world’s three largest rare earth deposits. The company holds a small number of shares in the project. Tomtor is the main project that Russia plans to expand the productio...Read more -
McDermett becomes the largest lithium deposit in the U.S.
Jindali Resources, listed on the ASX, claimed that its McDermitt (McDermitt, latitude: 42.02°, longitude: -118.06°) lithium deposit in Oregon has become the largest lithium deposit in the United States. At present, the lithium carbonate content of the project has exceeded 10.1 million tons. The i...Read more -
Anglo American’s copper production reaches 647,400 tons in 2020, a year-on-year increase of 1%
Anglo American’s copper production increased by 6% in the fourth quarter to 167,800 tons, compared with 158,800 tons in the fourth quarter of 2019. This was mainly due to the return to normal industrial water use at the Los Bronces copper mine in Chile. During the quarter, the production of Los B...Read more -
Anglo American’s coal production in the fourth quarter fell nearly 35% year-on-year
On January 28, the miner Anglo American released a quarterly output report showing that in the fourth quarter of 2020, the company’s coal output was 8.6 million tons, a year-on-year decrease of 34.4%. Among them, the output of thermal coal is 4.4 million tons and the output of metallurgical...Read more -
Finland discovered the fourth largest cobalt deposit in Europe
According to a report from MINING SEE on March 30, 2021, the Australian-Finnish mining company Latitude 66 Cobalt announced that the company has discovered the fourth largest in Europe in eastern Lapland, Finland. The Big Cobalt Mine is the deposit with the highest cobalt grade in the EU countrie...Read more -
Colombia’s coal production drops by 40% year-on-year in 2020
According to data from the Ministry of National Mines of Colombia, in 2020, Colombia’s coal production fell by 40% year-on-year, from 82.4 million tons in 2019 to 49.5 million tons, mainly due to the new crown pneumonia epidemic and the three-month strike. Colombia is the fifth largest coal...Read more -
Australia’s coal exports in February fell 18.6% year-on-year
According to preliminary data from the Australian Bureau of Statistics, in February 2021, Australia’s bulk commodity exports increased by 17.7% year-on-year, a decrease from the previous month. However, in terms of average daily exports, February was higher than January. In February, China ...Read more -
Vale starts operation of tailings filtration plant in Da Varren integrated operation area
Vale announced on March 16 that the company has gradually started the operation of the tailings filtration plant in the Da Varjen integrated operation area. This is the first tailings filtration plant planned to open by Vale in Minas Gerais. According to the plan, Vale will invest a total of US$2...Read more -
Epidemic affects Mongolian mining company’s 2020 revenue down 33.49% year-on-year
On March 16, Mongolian Mining Corporation (Mongolian Mining Corporation) released its 2020 annual financial report showing that due to the severe impact of the epidemic, in 2020, Mongolian Mining Corporation and its subsidiaries will achieve operating income of US$417 million, compared with US$62...Read more -
Congo (DRC) cobalt and copper production will jump in 2020
The Central Bank of Congo (DRC) said on Wednesday that as of 2020, Congo (DRC)’s cobalt production was 85,855 tons, an increase of 10% over 2019; copper production also increased by 11.8% year-on-year. When battery metal prices plummeted during the global new crown pneumonia pandemic last y...Read more