Albemarle to invest up to $50m to double lithium production at Silver Peak facility

(adsbygoogle = window.adsbygoogle || []).push({}); Albemarle has revealed plans to invest $30m to $50m to double the capacity at its lithium production facility in Silver Peak, Nevada by 2025 in line with the increase in the global demand for electric vehicles (EV). The US specialty chemicals company will also start a program to evaluate More...

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By businessnewstoday On Friday, January 1st, 2021
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CCI approves Jamnalal Sons’ stake acquisition in Mukand Sumi Special Steel

Indian competition regulator – Competition Commission of India (CCI) has approved Jamnalal Sons’ (JSPL) acquisition of a 51% stake in Mukand Sumi Special Steel (MSSSL). Jamnalal Sons is an unregistered core More...

By businessnewstoday On Wednesday, December 30th, 2020
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Tata Steel installs long pipe conveyor at West Bokaro Division

Tata Steel, an Indian steel-making company, said that it has installed a long pipe conveyor (LPC) at its opencast coal mines at West Bokaro Division in the Indian state of Jharkhand. The four-km long pipe conveyor More...

By businessnewstoday On Sunday, December 27th, 2020
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Rodeo gold project, Mexico : Golden Minerals Company begins mining operations

US-based Golden Minerals Company has commenced mining operations at its Rodeo gold project in the Mexican state Durango. The company said that it had started blasting at the open-pit gold operation last week. Golden More...

By businessnewstoday On Friday, December 25th, 2020
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Vedanta signs declaration on climate change at India CEO Forum on Climate Change

Indian natural resources company Vedanta said that it has inked a declaration on climate change at the Second India CEO Forum on Climate Change by committing to move towards carbon neutrality. According to Vedanta, More...

By businessnewstoday On Tuesday, November 24th, 2020
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Castle Mountain Gold Mine California : Equinox Gold achieves commercial production

Equinox Gold has achieved commercial production at its Castle Mountain Gold Mine in California, almost a month after achieving the first gold pour. The Canadian gold mining company anticipates the gold mine in California More...

By businessnewstoday On Saturday, November 21st, 2020
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Victory Metals Nevada King merger to create major gold company in Nevada

Victory Metals Nevada King merger : Canadian mining company Victory Metals has signed a binding letter agreement to acquire Nevada King in a move to create a major gold explorer and developer in Nevada, US. The More...

By businessnewstoday On Tuesday, November 10th, 2020
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Santa Luz Gold Mine : Equinox Gold begins construction on Brazilian mine

Canadian gold mining company Equinox Gold has started construction on its fully-owned Santa Luz Gold Mine in Bahia State, Brazil, with a construction budget of $103 million. The first gold pour at the Santa Luz More...

By businessnewstoday On Wednesday, October 28th, 2020
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EBRD to acquire stake in Vareš silver project owner Adriatic Metals

The European Bank for Reconstruction and Development (EBRD) has acquired a stake of 2.62% in UK-based Adriatic Metals for €6.62 million to support development of the latter’s Vareš silver project in Bosnia More...

By businessnewstoday On Saturday, October 3rd, 2020
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ALVANCE acquires Duffel recycling and rolling mill in Belgium

ALVANCE, the aluminium business of Sanjeev Gupta’s GFG Alliance, has wrapped up its acquisition of the Duffel aluminium recycling and rolling mill located near Antwerp in Belgium. Established in 1946, Duffel is More...