Category Archives: Mineral Processing

Chinese nickel pig iron output likely to up by 25% in 2013

China Daily reported that China’s nickel pig iron output in 2013 may rise 25% more than previously forecast as costs decline curbing nickel imports Japan’s top producer of the metal said.

Mr Toru Higo general manager of nickel sales and raw materials at Sumitomo Metal Mining Co said that “China’s output of nickel pig iron a substitute for low grade ore from Indonesia and the Philippines will reach 300,000 tonne in 2013.”

Sumitomo’s October projection was for 240,000 tonne Nickel used for corrosion resistance in stainless steel has fallen 11% in the past 12 months.

http://www.steelguru.com/stainless_steel_news/Chinese_nickel_pig_iron_output_likely_to_up_by_25_percent_in_2013/298709.html

DOE Opens Innovation Hub for Critical Materials

Led by Ames National Lab, DOE researchers will look for alternatives to rare earth metals used in wind turbines, hybrid cars, lights, and other energy products.

http://www.technologyreview.com/view/509996/doe-opens-innovation-hub-for-critical-materials/

Jamaica official says researchers have found rare-earth elements in island’s bauxite residue

Jamaica’s top energy official says the Caribbean island may benefit from deposits of rare-earth elements that are key ingredients for cellphones, wind turbines and gas-saving cars.

http://www.foxnews.com/world/2013/01/15/jamaica-official-says-researchers-have-found-rare-earth-elements-in-island/#ixzz2I5qh8bmT

Norilsk Nickel Auction

OAO GMK Norilsk Nickel and the Finance Ministry are among Russian issuers that are planning to sell bonds.

http://www.businessweek.com/news/2013-01-08/norilsk-nickel-finance-ministry-auctions-russia-bond-alert

Bhoomi-puja for Titanium project on Jan 17

Bhubaneswar: Kolkata-based Saraf Agencies Pvt Ltd (SAPL) has planned to perform the ground breaking ceremony for the much-awaited Titanium plant in Odisha’s Ganjam district on January 17.

 

http://www.financialexpress.com/news/bhoomipuja-for-titanium-project-on-jan-17-shroff/1056390

Anglo close to naming AngloGold’s Cutifani as CEO

LONDON – Global miner Anglo American is close to appointing Australian Mark Cutifani, head of gold miner AngloGold Ashanti, as its new chief executive, two sources familiar with the situation said.

http://www.miningweekly.com/article/anglo-close-to-naming-anglogolds-cutifani-as-ceo-2013-01-07

Nickel and platinum lose their value for Glencore

Glencore suspects that it will have to take writedowns on between $5 billion and $7 billion of Xstrata’s assets when the two mining groups merge, sources have told The Times.

http://www.thetimes.co.uk/tto/business/industries/naturalresources/article3648886.ece

 

Minmetals looking for $1bn nickel buy: Andrew Michelmore

AFTER nearly a year bedding down the $1.3 billion acquisition of copper company Anvil Mining, Minmetals Resources chief Andrew Michelmore feels both his company and asset valuations are in the right place for another $1bn-plus base metals purchase.

And a quality nickel operation is sitting high on the wish list.

http://www.theaustralian.com.au/business/mining-energy/minmetals-looking-for-1bn-nickel-buy-andrew-michelmore/story-e6frg9df-1226548513799

Jiangxi working to enhance local rare earth sector’s competitiveness

Companies in Jiangxi province have acquired nearly 60% of the licenses granted for excavating rare earth mines in China, under the Chinese government’s plan to protect the industry and improve the competitiveness of miners, the 21st Century Business Herald reported.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130106000126&cid=1102

Asian Mineral Resources Receives Extension of Permission to Export Nickel Concentrate for the Life of the Project

TORONTO, ONTARIO–(Marketwire – Jan. 4, 2013) – Asian Mineral Resources Limited (“AMR“) (TSX VENTURE:ASN) is pleased to announce that the Ministry of Industry and Trade of the Socialist Republic of Vietnam has issued a circular regarding the export of minerals and mineral products from Vietnam (the “Circular”). The Circular stipulates that 9.5% nickel concentrate is permitted for export by Ban Phuc Nickel Mines LLC (“BPNM”), a subsidiary of AMR, without time limit. Previously, BPNM held a licence to export nickel concentrate until 31 December 2015. This export licence is superseded by the Circular.

http://www.canadianminingjournal.com/press-releases/story.aspx?id=1001967831

 

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