Новости за 15.04.2024

Chile has started accepting statements of interest for lithium exploration and aims to develop up to five new projects in the country, the government announced on Monday. Chile is the world's second-largest lithium producer but growth has been stalled as the government debated how to expand the industry.

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research, which was undertaken by CRU Group, deems it likely that copper demand will grow from 28.3-million tonnes in 2020 to about 41-million tonnes by 2040, representing a compound annual growth rate (CAGR) of 1.85%.

Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO said ahead of a major industry conference that starts Monday. Codelco is aiming to produce between 1.325-million and 1.390-million metric tons of copper this year, a target that at best would see it lightly overtake its 2023 output of 1.325-million metric tons.

ASX- and TSX-V-listed Hot Chili has submitted a second maritime concession application to facilitate a potential multi-user water network for the Huasco Valley area of the southern Atacama region of Chile. The concession application also includes brine discharge for potential seawater desalination operations on the Huasco coastline so that both raw seawater and desalinated water can be provided by a potential water network.

Russian aluminium giant Rusal said on Monday that new sanctions on Russian metals introduced by the United States and Britain will have no impact on its ability to supply aluminium to world markets. Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminium, copper and nickel produced by Russia and barred the import of the metals into the United States and Britain.

Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a subsidiary of ASX-listed Ionic Rare Earths (IonicRE), is exploring options to increase the capacity of its demonstration plant, in Belfast, in the UK. IonicRE points out that Ionic Technologies continues to receive numerous requests from various magnet REO supply chain participants and potential strategic... Читать дальше...

London- and Toronto-listed Horizonte Minerals has failed to secure financing for its Araguaia nickel project, in Brazil, and is compelled to explore other options that may put shareholder value at risk. The alternative scenarios will focus on protecting the interest of secured creditors and include raising financing at the subsidiary level, a sale of the project while in care and maintenance, the liquidation of the assets, or other options available under Brazilian laws.

Six months after violent protests rocked Panama, the country’s politicians are on edge and foreign investors are staying away. The demonstrations, which started among local unions and university students and spread rapidly across the country, forced authorities to hastily shut down a controversial but economically critical copper mine in December.

Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the weekend drove demand for haven assets. Bullion traded near a record high set on Friday as the conflict in the Middle East entered a dangerous new phase. The Islamic Republic fired more than 300 drones and missiles against Israel on Saturday evening, although almost all were intercepted and there were no fatalities reported.