MINExpo 2024 in review - Mining Technology
Oct 24, 2024 · The pair also unveiled the T 264 autonomous battery-electric dump truck, a product of their joint development efforts. The T 264 “will be one of the first zero-emission solutions for mine haulage in operation globally”, according to Fortescue’s CEO, Dino Otranto. It is expected to start on-site validation at the end of 2025.
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Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities
The equipment helping miners access deeper deposits - Mining …
Dec 16, 2024 · With demand for critical minerals expected to quadruple by 2040, surface ore deposits are being depleted at a rapid pace. In response, miners are venturing further into the earth to fulfil natural resource supplies. In recent years, major mining companies such as De Beers and Rio Tinto have invested billions to extend the life of mines with dwindling production by moving operations deeper ...
The Priciest: Top 5 Most Expensive Metals and Their Origins
Mar 10, 2020 · Palladium. Rhodium’s little brother palladium also did well out of the Dieselgate scandal. After sales of diesel vehicles slumped and petrol alternatives came back into fashion, platinum – used primarily in catalytic converters for diesel vehicles – took a tumble, while petrol-friendly palladium rose.
Bingham Canyon, Copper Mine, Utah, USA - Mining Technology
Jul 27, 2022 · Production from the mine stood at 159,400t of copper, 139,500oz of gold, 7,600t of molybdenum, and 2.22 million ounces (Moz) of silver in 2021.
Piedmont Lithium and Sayona Mining agree to merge
Nov 19, 2024 · Piedmont Lithium and Sayona Mining have entered into a definitive agreement to combine their businesses to form a lithium company, leading to Sayona becoming the ultimate parent company (MergeCo).. The transaction will see an equal split in equity holdings between Piedmont and Sayona shareholders, each obtaining approximately 50% of MergeCo immediately after the deal’s conclusion.
US tariffs target Chinese graphite supply – but is it working?
Oct 3, 2024 · Graphite, a crystalline form of carbon, is a crucial component of lithium-ion batteries. It is the sole material, besides a small amount of silicon, in the anode, the battery’s negative terminal that makes up 50% of the cell.
Gold mining’s potential in West Africa - Mining Technology
Oct 25, 2024 · Global gold prices are surging, surpassing $2,700/oz this month, already up by more than a fifth compared with 2023.. In this landscape, gold hubs across the world are working to formalise their mining sectors, capitalising on the rising demand and boosting investments, driven, a GlobalData report says, by “growing demand for safe-haven assets”.
Rio Tinto’s Diavik diamond mine in Canada begins underground …
Oct 4, 2024 · Rio Tinto has announced the commencement of commercial production at Phase 1 of the A21 underground mine, part of Diavik Diamond Mine operations in the Northwest Territories of Canada.. The company has invested an additional $17m (£12.91m) into Phase 2 of the A21 underground project earlier this year, ensuring the mine’s productivity through to …
How long will Australia’s mining exports to China last?
Oct 2, 2024 · In theory, the economic relationship between Australia and China is a complementary one. Mining is structurally important to the Australian economy, currently accounting for almost 14% of gross domestic product (GDP), up from 4% in 2004.