#BHP #Billiton said it has agreed to sell its 75% stake in the #IndoMet metallurgical #Coal project in #Indonesia to its joint venture partner Alam Tri Abadi, or Adaro.
Read more at: http://www.platts.com/latest-news/metals/melbourne/bhp-billiton-to-sell-indonesian-met-coal-stake-27602344
PepinNini pointed out that exploration for brines was less capital intensive than hard-rock #Lithium exploration and that development and operating costs were also lower.
Read more at: http://www.miningweekly.com/article/pepinnini-adds-lithium-to-coppergold-projects-in-argentina-2016-06-07
<img width=”900″ height=”600″ src=”http://www.mining.com/wp-content/uploads/2016/06/900x600xiran-tehran-snow.jpg.pagespeed.ic.9Wjl2UmXuF.jpg” class=”img-responsive wp-post-image” alt=”Iran says in talks with Rio, Glencore about copper projects” data-pagespeed-url-hash=”2183211281″/>
Read more at: http://www.mining.com/iran-says-talks-rio-glencore-copper-projects/
#Nano Dimension, an #Israeli company that is a leader in #3DPrinted #Electronics, announced this week that it has run a series of successful lab tests on a new 3D bioprinter capable of using #StemCells.
Read more at: https://www.yahoo.com/tech/israeli-electronics-company-inches-closer-001514577.html
While #Graphite demand is growing, there may be more potential in #Graphene, the strongest and lightest material known to man. It can conduct electricity even in strands one-atom thick. Using it in #Lithium-ion #Batteries could significantly increase the charging capacity and power life, according to the University of #Manchester’s graphene research center.
Read more at: http://www.bloomberg.com/news/articles/2016-05-30/miner-ends-quest-for-gold-to-unearth-strongest-material-in-world
#Freeport-#McMoRan Inc. agreed to sell its #Copper and #Cobalt mine in the Democratic Republic of #Congo to #China #Molybdenum Co. for $2.65 billion.
A new report from #Macquarie Capital Ltd. underscores the strategic nature of the proposed acquisition, with China’s interest in the second metal — cobalt, a key ingredient for rechargeable car batteries that China is leaning on both to reduce pollution and modernize its manufacturing sector, — lying at the heart of the deal. As the country seeks to modernize its economy and pivot away from traditional, pollution-heavy industries the need for niche materials becomes more pressing, and China is striking deals to take control of fragile commodity supply chains that stretch around the world.
Read more at: http://www.bloomberg.com/news/articles/2016-05-31/china-s-supply-chain-scramble-now-comes-with-added-commodities
#China will safeguard the interests of its #Steel producers by appealing to the World Trade Organization after the #UnitedStates launched an investigation of #Chinese companies for alleged price-fixing, the Ministry of Commerce said.
Read more at: http://www.chinapost.com.tw/china/china-business/2016/05/29/467600/US-steel.htm
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
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