FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
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FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
July 29, 2021

FLSmidth and thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of thyssenkrupp AG) have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary[…]

Rio Tinto commits $2.4 billion to develop Jadar lithium-boron underground mine & process plant in Serbia
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Rio Tinto commits $2.4 billion to develop Jadar lithium-boron underground mine & process plant in Serbia
July 27, 2021

Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium mining and processing projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. The Jadar project would scale up[…]

Chemours to deploy Mineral Technologies’ Mobile Mining Units at new Trail Ridge South mineral sands mine
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Chemours to deploy Mineral Technologies’ Mobile Mining Units at new Trail Ridge South mineral sands mine
July 13, 2021

The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, recently held a groundbreaking ceremony for a new $93 million titanium and zircon mineral sands mining facility on land leased from Camp Blanding in Clay County, Florida. The new mine is[…]

Wärtsilä & Schneider Electric develop power system reference design for lithium mines lacking grid access
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Wärtsilä & Schneider Electric develop power system reference design for lithium mines lacking grid access
June 21, 2021

Technology group Wärtsilä and Schneider Electric say they have together developed a “unique, end-to-end power system reference design.” It is aimed specifically at lithium mine operations where there is no access to a grid supply of electricity. The design provides for an economically viable total expenditure that covers the complete process, including consulting, project design,[…]

Rio Tinto partners with InoBat to explore cradle to cradle lithium battery initiative in Serbia starting with Jadar mine
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Rio Tinto partners with InoBat to explore cradle to cradle lithium battery initiative in Serbia starting with Jadar mine
May 25, 2021

Rio Tinto and InoBat, a European battery technology and manufacturing company, have signed a Memorandum of Understanding to work together to accelerate the establishment of a ‘cradle to cradle’ battery manufacturing and recycling value chain in Serbia. The partnership will cover the full commodity life-cycle from mining through to recycling of lithium. Rio Tinto’s Jadar[…]

Bunting gets Nigerian order for two Magnetic Disc Separators to be used in coltan processing
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Bunting gets Nigerian order for two Magnetic Disc Separators to be used in coltan processing
April 20, 2021

A Nigerian mineral processor is installing two Bunting Magnetic Disc Separators (MDS) to separate individual minerals in a coltan plant. Coltan or columbite-tantalite is a black metallic ore from which the elements niobium and tantalum are extracted. Tantalum is extracted from tantalite for capacitors used in mobile phones, personal computers, and electronics. Columbite is a[…]