The world’s top thermal #Coal exporter, #Indonesia, expects its coal production to edge down in 2017, as smaller miners cut output due to a plunge in prices for the commodity.
Read more at: http://in.reuters.com/article/indonesia-coal-output-idINL4N18R1SC
While long coveted for use in jewelry, coins and utensils, #Silver is increasingly in demand for its industrial applications. Last year, about half of global silver consumption came from such use, including mobile phones, flat-panel TVs, #Solar panels and alloys and solders, according to data compiled by GFMS for the #Washington-based Silver Institute.
Read more at: http://www.bloomberg.com/news/articles/2016-05-26/miner-sees-silver-price-surging-ninefold-as-global-gadgets-boom
#Codelco could have a new plant for treating high-#Arsenic #Copper concentrates ramping up by 2019, as it seeks to meet its customers’ needs and #Chile’s increasingly strict environmental requirements.
#Chilean miners at one of the world’s biggest open-pit mines will soon be digging for #Copper underground, in a move to extend the life of the century-old site for 40 years.
As of last year, #Chile held 54 percent of the world’s known #Lithium reserves, almost all of it in brine held in the vast salt flats of the #Atacama desert. For now though, it’s neighboring #Argentina that looks to be moving faster to capture surging demand, rather than the normally investor-friendly Chile.
Read more at: http://www.bloomberg.com/news/articles/2016-05-19/richest-lithium-nation-risks-being-left-behind-in-tesla-led-boom
No energy technology is more tantalizing than #fusion, but no energy technology has proved more disappointing. So how has a fusion company in Southern #California raised nearly half a billion dollars from the likes of #GoldmanSachs and #PaulAllen? Does it actually see a way to build a reactor that could generate vast amounts of clean power, even while other fusion projects have perpetually remained 20 years away from reality?
Read more at: https://www.technologyreview.com/s/601482/peek-inside-tri-alpha-energy-a-company-pursuing-the-ideal-power-source/
#RioTinto approves development of #OyuTolgoi underground mine. Development of underground mine will start in mid-2016 following approval of a $5.3 billion investment by partners and recent granting of all necessary permits
Read more at: http://www.reuters.com/article/idUSFWN1821AQ
#Brazil has joined the global race to commercially develop #Graphene, with the opening of the Graphene and Nanomaterials Research Center, known as #MackGraphe, at Mackenzie Presbyterian University in #SãoPaulo.
Read more at: http://www.rsc.org/chemistryworld/2016/05/mackgraphe-brazil-graphene-nanomaterials-research
#Chilean chemicals group #SQM said on Thursday it has asked local authorities to block #US #Lithium producer #Albemarle Corp from expanding production in the South #American nation for environmental reasons.
Read more at: http://www.reuters.com/article/us-sqm-albemarle-idUSKCN0XW1OT
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