Chile will continue to be the most attractive Latin American country to foreign mining investors, as mining investments in the country are expected to reach a value of about US$64 billion [$82 billion] by 2025, said state copper commission Cochilco.
Read more at: http://www.ibtimes.com.au/mining-investments-chile-soar-over-next-decade-1451667
Commodity prices are depressed, but cut-throat manoeuvres may keep the mining firm competitive
Mining juggernaut BHP Billiton is determined to put a brave face on a situation in which commodity prices could stay low for a prolonged period. The £73 billion business is adapting to lower metal and energy prices by streamlining operations, rethinking growth projects and driving through cost efficiencies.
Read more: http://www.theweek.co.uk/63921/bhp-billiton-gets-tough-as-prices-stay-low#ixzz3cYx3AWCd
The rare earths industry is about to experience a clean-versus-dirty battle until now only seen among fuel producers, as a Chilean company is stepping up efforts to grab some of that market in a much greener way than China, the world’s top producer of such elements.such elements.
Read more at: http://www.mining.com/chile-may-be-chinas-next-competitor-in-the-rare-earths-market/
SHANGHAI, Jun. 3 (SMM) – More than 80% of Jinchuan nickel is consumed by China’s non-steel sector, news reported from the Shanghai Derivatives Market Forum. “Around 120,000-130,000 tonnes of Jinchuan nickel go to domestic non-steel industry every year, such as the battery and electroplating sectors,” said Simon Bao, Deputy Marketing General Manager.
Read more at: http://www.metal.com/newscontent/73816_newssummary-over-80-of-jinchuan-nickel-go-to-non-steel-sector
Step into your time machines and travel a decade into the future. We are now situated somewhere in the middle of the year 2025. The face of manufacturing has changed drastically from the techniques used back in 2015. Assembly lines have not been replaced and are still an integral part of manufacturing, but instead of being powered by humans, they now consist of a series of robots and 3D printers working in unison to churn out products made up of a variety of materials, from plastics to metals to new exotic composites.
http://3dprint.com/69674/darpa-3d-printing/
Vale Indonesia operates the world’s largest integrated laterite nickel mining and processing operation in Sorowako, located around 600 kilometers north of Makassar City, the provincial capital. (GA Photo/M Defrizal)
Sorowako, South Sulawesi. Life hasn’t been that easy for Vale Indonesia, the local unit of Brazilian giant miner Vale, despite it having signed an amendment to its contract of work in October 2014.
Nico Kanter, president director at Vale Indonesia, and Febriany Eddy, chief financial officer and a director, told reporters at a gathering in Sorowako on Wednesday that updating some of its expansion projects would involve as much as $4 billion worth of investment in the next few years.
As Brazil’s Vale SA figures out what to do with its fertilizer business, the mining giant is thought to be testing the waters on a potential sale, according to people familiar with the matter.
President Joko “Jokowi” Widodo is scheduled to inaugurate a smelter, or a concentrate purification facility, developed by nickel miner PT Sulawesi Mining Investment (SMI) in Morowali regency, Central Sulawesi, on Friday.
See more at: http://www.thejakartapost.com/news/2015/05/28/jokowi-inaugurate-smelter-morowali.html#sthash.bMYlllTu.dpuf
The head of the Vale New Caledonia mining company says this year it may move out of the red for the first time since the seven-billion US dollar plant’s launch.
Because of a range of setbacks, including spills and closures, the plant has never worked at full capacity of 54,000 tonnes which is now expected to be reached in 2017.
Read more at: http://www.radionz.co.nz/international/pacific-news/274863/new-caledonia’s-vale-hopes-to-end-losses
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