06 October 2023
06 October 2023
Teck Resources CEO says the company wants to see a continued partnership with India given the trade in steelmaking coal will only increase in the future.
The Viscaria mine, which is estimated to hold 93 million tonnes of copper-bearing rock, is due to reopen in 2025.
The decision comes in the wake of weakening global demand for the commodities that are mined by the company.
The firm is looking to either acquire copper projects or partner with potential existing mining firms.
Barrick aims to complete a full feasibility study next year and begin production at the expanded process plant by 2028.
The partnership will utilise Epiroc's portfolio of automation technologies at many of Newcrest's mines.
The four tenements, which are ‘highly prospective’ for uranium and copper mineralisation, form the Kinloch Project.
Through the acquisition, Targa will now own 137,000ha of land across the provinces of Quebec and Ontario.
The Excellence Awards celebrate the greatest achievements and innovations in the industry, and the people and companies that are driving change.
Within the rare earth metals market, cerium is projected to account for the largest volumetric share followed by lanthanum, neodymium, and others in 2023. The demand dynamics for neodymium is estimated to remain strong as the sale of electric vehicles continue to flourish across the globe. The product is deployed in the manufacturing of magnets including low and high performance and is an integral part of the modern-day technology assembly from automotive vehicles to fighter jets.
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