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Powder Metallurgy Increases Traction

Powder metallurgy is a rapidly growing industry, specifically in car manufacture and aerospace engineering. Metal powders can be used for 3D printing of vehicle parts, which can be more precise and easier than cutting. A recent research report titled Powder Metallurgy: Global Markets to 2022 published by BCC Research reports that metal powder shipments market will reach 4.7 billion pounds, in volume, by 2022, up from the 3.6 billion pounds this year; the value is predicted to have a compound annual growth rate (CAGR) of 8.2%, to reach $10.9 billion in 2022, up from $7.3 billion this year. Hoganas AB is one...

Cobalt Mine Revival: High-Grade Cobalt in Ontario

Cobalt, Ontario was once home to the Silver Banner Mine, active between 1927 and 1958. New samples have been taken at the same site, showing grades of up to 1.14% cobalt from the underlying calcite-quartz vein system. Sampling is being completed at various sites in the surrounding area of Cobalt, Ontario by a partnership forming between Cobalt One, CobalTech, and First Cobalt. These companies are looking to undergo major cobalt exploration and development, and will control 50 historic mining operations over 10 000 hectares of land upon completion of this merger. With electrical vehicles bringing widespread attention and increased demand...

Costa Rica Runs on 100% Renewable Electricity, 84% of the time

On November 17th, Costa Rica boasted their reliance on renewables for 100 percent of their electricity sources, for a total of 300 days this year. They have a goal in place to be carbon neutral by 2021 and seem to be well on their way to achieving that target, already surpassing their 299 days of 100% renewable energy source use in 2015. Breaking down their electricity use by renewable energy source: hydro accounts for 78.26%, followed by wind at 10.29%, geothermal at 10.23%, and biomass/solar at 0.84%. Hydrocarbons accounted for a mere 0.38% of electricity use, giving a total of...

Finnish Nickel Mine Prepares for EV Boom

Terraframe, formerly known as Talvivaara, is a nickel mine in Finland that has recently received over $200 million in funding from Trafigura Group. The commodities trader has taken a stake in Terraframe and plans to increase its production of both nickel and cobalt. By 2020 Terrafame hopes to have built a chemical plant for producing nickel sulphate, with an annual capacity of 150,000 tonnes. Nickel sulphate is a powder, and is highly desired for use in lithium-ion batteries, which power most electric vehicles (EVs). Terraframe intends to enter the EV supply chain as a leader in nickel and cobalt supply...

Precious Metals found in Swiss Sewers

Flushing your money down the drain seems like an insane idea, but panning for gold in wastewater might sound even crazier. It seems as though the Swiss have recently caught on that the latter is not actually such a wild idea after all. The Swiss Federal Institute of Aquatic Science and Technology (Eawag) analyzed the wastewater from 64 treatment plants in the country. They reported 43 kg of gold, 3000 kg of silver, and over 2700 kg of rare earth elements. Explanations for the metals content varies, including crop irrigation, dental work, and car washes; the researchers suggested the significant...

Recent Surge in Nickel: All about EV’s…or is it?

Nickel prices have surged, gaining more than ten percent on the LME last week, 28 percent in 2017. Although EVs have been causing an impact on the nickel market, the nickel demand from batteries only takes up about three percent of the 2 million tonne annual market. Stainless steel accounts for 85 percent of the world’s nickel consumption, a demand that is forecast to increase by 3% per year, due to production in China. China accounts for about half of global stainless steel production, at 1.1 million tonnes. Nickel demand for batteries in EVs has received a lot of attention,...

The Impact of EVs on Nickel Miners

Electric Vehicles (EVs) are already making a strong impact on the mining industry, causing many companies to reevaluate their commodities and rethink their strategies. However, it looks like some mining companies may be in a better position than others. High-grade nickel is required in the batteries used in EVs; nickel powders are particularly well suited. Ferronickel and nickel pig iron grades are considered to be unsuitable for battery production, while nickel sulfates are the ideal candidates. Some of the lower-grade nickel mines will miss out on this market, or require their nickel to be refined to a higher grade, prior...

New Copper Mine Coming Onstream in Australia

This month, production is set to begin at the Capricorn Copper mine in Australia, a joint venture between a private equity fund EMR Capital and Lighthouse Minerals. Few copper mines have come onstream recently, part of the reason of the projected warnings of a shortfall in supply. The production of this mine is expected to be 25 000 to 35 000 tonnes of copper per year....

BHP looks at Exploration to meet the Copper Demand of EVs

Projections for electric vehicles suggest that they will eventually require 105 kg copper. More than 750 000 EVs were sold worldwide last year, which would mean approx. 80 000 tonnes of copper used to manufacture these vehicles alone. EV sales are also projected to grow to 140 million by 2035, which translates to 14 million tonnes of copper. BHP is looking at this growth, and preparing for the increase in demand of copper. They believe the best way to achieve this is through exploration. They are looking at different ways to mine, by alliances and partnerships with various exploration companies,...

New Project for China’s Jinchuan Group: Raw Materials for Electric Vehicles.

Electric Vehicles (EVs) are increasingly becoming major topics of discussion. Whether it’s the next car you’ve been eyeing up or forecasting prices on the metals market, EVs are creating a buzz, that’s about to turn into a full-on roar. The Jinchuan Group of China recognizes the growth of this sector and is starting a new project to produce raw materials for EV batteries. This project is developing in Guangxi, projected to produce 30 000 tonnes of nickel and 3 000 tonnes of cobalt in the next 2 years, figures they plan to quintuple by 2025. The Jinchuan Group is currently the...