Members of the Bloomberg World Mining Index have seen a sharp recovery in profitability as metal prices rebounded. The average gross margin has
Most companies in the metals and mining sector have witnessed better margins and cash flow this year, thanks to improved prices. Amid the surging demand, Hindalco is seeking to further expand its overseas operations. The company plans to buy U.S. aluminum products maker Aleris in a $2.5 billion deal
U.S. metal mine production in 2017 hit an estimated $26.3 billion, up 12% from 2016. Despite higher prices for metals, domestic production was actually lower than the previous year, the report states. In that vein, for the aluminum sector - which is anxiously awaiting the results of the Trump administration's
Enhanced landfill mining, which could result in the recovery of millions of dollars' worth of metals like aluminum, copper, and lithium and help generate fuel for houses, heavy industry, and autos, is thus only one arrow in the quiver. Using low-carbon methods to produce commodities before they enter
Fura Gems, a mining company with a special focus on colored gemstones (emeralds, rubies and sapphires), is looking to make a splash in 2018.
The Company plans to do more of these programs, application-specific, in pursuit of sales contracts with quality customers across numerous industry segments, predominantly existing aluminum alloy consumers. George Putnam, CEO of Scandium International Mining Corp. commented: "We are pleased to
Gr??nges is a public company, traded on the NASDAQ Stockholm Stock Exchange, and is a large global player in the rolled aluminum products business, with production assets in Europe, USA, and China, and a worldwide customer base. The LOI calls for the Scandium International to contribute various
MUMBAI (NewsRise) -- Indian mining and energy group Vedanta posted an unexpected 4% decline in third-quarter profit, weighed by a surge in tax
4 that it will sell a 30.8% stake in Chalco Shandong, a 36.9% stake in Zhongzhou Aluminum, 25.7% in Baotou Aluminum and 81.1% in Chalco Mining to a group of insurance companies and distressed-asset managers. In its latest announcement, Chalco said it will buy the stakes held by the investors back,
U.S. imports of aluminum increased by 16 percent in 2017. Rare Earths: The suspension of U.S. rare-earth mining in late 2015 continued throughout 2017. In Nebraska, one company commissioned an operation that produced separated rare earth oxides from recycled fluorescent light bulbs. The company
Mr Agarwal's flagship Vedanta has been awarded two bauxite mines by the state government, a top official said, confirming the move that will help reverse the massive financial drain the group has endured since 2013. The two mines with 15 million tonne per annum bauxite reserves can take care of 75% of
We all know that there are severe problems with child labor in the cobalt mines of the DRC, but what about the children working in tin mines in Bolivia or gold mines in the Philippines? On the environmental side, aluminum smelting is wreaking havoc on the drinking water in Nigeria, and dust from graphite
DAVOS: After being vilified for more than seven years by activists and the green lobby, political heavyweights such as Rahul Gandhi and even a handful of conscious capitalists for his mining exploits, or rebuked by the British government, international pop stars and Hollywood legends for his apparent
Russian bauxite mining company UC RUSAL is being accused of making a killing off its Jamaican operations, and refusing to adequately compensate production workers while complaining that the company is operating at a loss. The Union of Clerical Administrative and Supervisory Employees (UCASE)
TIMMINS - The McIntyre Powder Project has obtained a document that outlines all the mines in Ontario where aluminum dust was used in an ill-fated attempt to protect workers from developing a lung condition known as silicosis. At the time, the mines were unaware of the potential toxic effects of having
On my farm, for example, one acre of soil one foot deep would yield 12 pounds of aluminum. Of course, processing this would be cost prohibitive. According to Aluminum.org, 75% of aluminum is still in use from its original form. The cost of recycling aluminum is only 8% of the cost of aluminum mined and
A new class of aluminum alloys may transform automotive engines by withstanding the higher temperatures produced by more efficient engines. A team led by
Last week shares in Alcoa fell sharply after the US aluminium producer failed to hit earnings guidance as higher input costs - mainly energy - offset surging aluminum prices. "We acknowledge that mining sector specific cost inflation could be a risk in the upcoming results season, with consensus forecast
"The United States does not have a niobium or tantalum mining industry because resources are of low grade, and the United States must import all of its niobium and tantalum source materials for processing," according to the USGS. In fact, "no significant U.S. tantalum mine production has been reported
January 23, 2018) - Scandium International Mining Corp. (TSX: SCY)