Category: NEWS
Chinese Nickel Producer Lygend Begins Cobalt Production in Indonesia
In a major development, Chinese nickel producer Ningbo Lygend has started producing cobalt metal on Indonesia’s Obi Island as…
Nord Stream Methane Leak: Large Amounts of Gas Remain in Baltic Sea
A significant portion of the methane released into the southern Baltic Sea from the Nord Stream gas pipeline has stayed…
Aluminium Scrap to Lead Global Market Amidst Decarbonization Efforts
As the industrial sector faces mounting pressure to decarbonize, aluminium scrap is poised to dominate the global market.
EGA to Pilot Innovative Smelting Technology at Al Taweelah
Emirates Global Aluminium (EGA) announced this week its plan to build 10 pilot reduction cells at its Al Taweelah…
Rio Tinto to Invest $165 Million in Grande-Baie Anode Furnaces Overhau
Rio Tinto, the UK-Australian mining giant, plans to invest $165 million to refurbish two carbon-anode baking furnaces at…
Vinfast Lowers EV Sales Target, Delays US Plant Production
Vietnamese electric vehicle (EV) manufacturer Vinfast Auto has revised its 2024 EV delivery target downward and postponed the…
Chilean Lithium Set to Benefit from US IRA Tax Breaks
Chilean lithium products are poised to gain from tax exemptions in the United States, a move expected to boost…
NextSource Materials Plans $280 Million Graphite Plant in Saudi Arabia
NextSource Materials, a Canadian mining company, has announced ambitious plans to build a state-of-the-art battery anode facility…
Platinum Equity to Acquire Héroux-Devtek
In a notable development in the aerospace industry, US investment firm Platinum Equity Advisors has agreed to…
Volkswagen and QuantumScape Strengthen Partnership for Solid-State Battery Production
Volkswagen (VW) has entered into a licensing agreement with QuantumScape, a US-based company, to enhance electric vehicle…
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