Q1 Mo output up at Los Pelambres ON APRIL 17, 2024 BY ALICE AGOOS Antofagasta’s first-quarter moly production at the Los Pelambres copper mine in Chile rose 8% to 2,700 mt compared to 2,500 mt in Q1 2023. Output was unaffected by recent maintenance of the concentrate pipeline since transportation of the product is by road, the company said. First-quarter moly production was 7% below production of 2,900 mt in Q4 2023.
Alan Patrick Ryan’s Post
More Relevant Posts
-
It is little wonder that BHP sees such a bright future for copper demand - afterall, the Big Australian recently doubled down on its acquisition of OZ Minerals by outlining a vision to increase production at its South Australian operations to more than 650,000 t/y copper in concentrate by the mid 2030s. The plan is to expand the #OlympicDam (OD) smelter, firstly through the 'SRE' Project that would install a new primary furnace in front of the existing smelter, potentially paving the way for a second phase that would match total production from OD, Prominent Hill, Carrapateena and possibly OD Deeps and Oak Dam. Indeed the OD smelter has been running pretty much flat out this year, now that it has concentrates from Prominent Hill and Carrapateena to blend with those from the adjacent mine, which carries a high sulphur load that was previously leading to bottlenecking issues. For an asset that has struggled to attract capital in the portfolio after the demise of the mammoth $30 billion ODX project at the beginning of the last decade, the future suddenly looks a lot brighter. https://lnkd.in/e9ZZuFqm Want more production detail on this or other smelters? Contact us at info@earthi.space. #CopperSmelters #CopperProduction #CopperTrading
To view or add a comment, sign in
-
Located on the Northern Limb of the Bushveld Complex, Platinum Group Metals’ (PGM) Waterberg project represents a large-scale platinum group metal resource which, given its shallow nature, the company notes has an attractive risk profile. What makes the project exciting is the fact that it lends itself to fully mechanised production, meaning the mine has the potential to have one of the lowest operating costs in the PGM sector. https://lnkd.in/eUeQam32
To view or add a comment, sign in
-
Magnetite Mines is pleased to provide an update of activities and financial results for the quarter ending 30 September 2024. This quarter, the Company achieved several important milestones relating to the development of its flagship Razorback Iron Ore Project. Following the execution of a Heads of Agreement in July 2024, the Company progressed negotiations with potential joint venture and funding partner JFE Shoji Australia Pty Ltd. The two parties are targeting execution of binding Definitive Agreements in Q1 2025 in line with the Heads of Agreement. A milestone development during the period was the formation of the ‘Green Iron SA’ consortium, established to develop a new green iron industry in South Australia in alignment with the state government’s State Prosperity Plan and Green Iron & Steel Strategy. The Company’s Razorback Project is an essential enabler for green iron production. Led by Magnetite Mines, the consortium comprises established logistics operators and developers including Flinders Port Holdings Pty Limited (port) and Aurizon Bulk Logistics (rail), along with as respected engineering consultants GHD. The Razorback Project permitting and approvals process has been prioritised, with preparation of the Mining Lease Proposal (MLP) nearing completion. Full announcement: https://lnkd.in/gVj8cBXu #ASXNews #MGT #Magnetite #GreenIronSA #GreenSteel #Decarbonisation #SouthAustralia #Sustainability #EconomicGrowth #Innovation #GreenEconomy #RenewableEnergy
To view or add a comment, sign in
-
The global demand for copper is increasing, and South Australia has some of the world’s finest copper resources. It was great to share some perspectives on BHP’s South Australian operations and plans for growth at the Copper to the World Conference. We have growth projects either being studied or actively underway at all three mines, our smelter/refinery, and Oak Dam project - on top of our operations. To bring this vision to life we will need to find new ways for partnership and collaboration across the industry. #C2TW #CopperSA
To view or add a comment, sign in
-
Suvo Strategic Minerals (ASX:SUV) raises $2.5M for Pittong expansion, geopolymer concrete advancement - Suvo Strategic Minerals (ASX: SUV) #Strategic #ASX
To view or add a comment, sign in
-
$AR1 - Copper producer Austral Resources Australia is pleased to announce the results of a Mineral Resource Estimate (MRE) for the existing Mt Kelly Heap Leach stockpile on Austral’s heap leach pads, neighbouring the Mt Kelly treatment plant. Austral’s Chairman, Mr David Newling, provided the following comment in relation to the MRE:“Establishment of the MRE for the Mt Kelly Heap Leach stockpile represents an outstanding outcome for the Company. The MRE is another step for Austral towards its strategy of repositioning as a leading Australian midtier copper production company. The results are extremely exciting with the outcomes and cut-off grades commensurate to the proximity of the stockpile to the Mt Kelly Facility and the very low-cost nature of the stockpile re-mining. Essentially for the cost of an excavator and re-irrigation, the Heap Leach Re-mine provides Austral with a pathway to increased production whilst providing a potential funding pathway to progress Austral’s expansion and exploration assets. “I want to thank all our stakeholders and shareholders for their continued support, and I look forward to sharing more positive updates as we continue to progress the recapitalisation of the Company.” Read more: https://lnkd.in/ghvcDQr3 $AR1 #Copper Michael Hansel Shane O'Connell David Newling Angus Peterson
To view or add a comment, sign in
-
Ecora Resources PLC CEO, Marc Bishop Lafleche and CFO, Kevin Flynn provide highlights of the 2024 Half Year Results. “Our portfolio contribution in the first half of 2024 was up 15% year-on-year, driven by a strong performance from Kestrel. H2 portfolio contribution is expected to be principally weighted to the Group’s other producing royalties including production volume growth at Vale's Voisey’s Bay and Capstone Copper's Mantos Blancos mine. Further production growth at Voisey’s Bay is expected thereafter as underground operations ramp-up up to steady state production levels. “Capstone Copper’s updated Feasibility Study on the Santo Domingo project reiterated the project’s robust economics and potential to operate within the lowest cost quartile of global copper mines. BHP’s decision to temporarily suspend operations at its Australian Nickel division, in light of current nickel market weakness, including the construction of West Musgrave, was disappointing but we remain confident in the project’s potential as a low-cost producer of nickel and copper. “We have seen a strong uptick in opportunities to further grow our portfolio, which we continue to evaluate applying our stated investment criteria and a capital allocation priority to maintain a strong balance sheet.” www.ecora-resources.com #ECOR LSE: $ECOR | TSX: $ECOR | OTC: $ECRAF
To view or add a comment, sign in
-
Director of Human Resources Employee, People and Payroll Services @ HR Shared Services, HR Transformation, HR Process Consulting, HR Business Process Outsourcing | XLRI, IIMK, Six Sigma Black Belt
Absolutely, driving cost-effective initiatives and embracing innovative strategies are essential for sustainable growth. Dedication to organizational improvement, aggressive cost-cutting measures, and exploring future materials will undoubtedly contribute to Rio Tinto's continued success. #RioTinto #Improvement #CostFocus #AggressiveCostCutting #RioTintoIndia
Our Q2 results are in — we're growing with discipline in the materials the world needs for the energy transition, with improvements at our bauxite and copper operations. “Our operational performance continues to progress," Rio Tinto Chief Executive Jakob Stausholm said. "While there are still significant improvements ahead, we're beginning to see a step-change in production from our Queensland bauxite business following the roll-out of the Safe Production System. "Construction of the Simandou high grade iron ore project in Guinea is advancing at pace, the ramp up of the Oyu Tolgoi underground is on track and we are set to achieve first production from the Rincon starter plant by the end of the year." #FindingBetterWays #results
To view or add a comment, sign in
-
[𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐋𝐄𝐀𝐃𝐄𝐑] Jurie Wessels, who is the founder and executive chairperson of Vanadium Resources, is this week's #BusinessLeader. #VedantaResources focuses on the development of the Steelpoortdrift mine and concentrator and the Tweefontein salt roast leach plant. Read more: https://bit.ly/3OZBGOi #VedantaResources
Jurie Wessels
engineeringnews.co.za
To view or add a comment, sign in
-
Mineral Processing Consultant-Equipment Manufacturer-AURY(TSX Screen) ★Vibrating Screen&Centrifuge★Coal Preparation Plants ★Partner with BHP, Vale, Rio Tinto, Glencore, ETT★AURY-Offices In Several Countries
✌ Hi mining explorers! Welcome to our YouTube channel, your best place to explore the world of mining and learn about the art of coal washing! I'm Elsa Wong, an industry enthusiast with a passion for mining equipment and coal washery design, and I'm excited to share my passion and expertise with you. 👀 On our channel you will find a variety of content related to mining equipment and coal washing plant design. We will update regularly to bring you the latest equipment installation guides, introductions to the latest equipment styles, and the latest trends in the industry. Whether you are an industry professional or a hobbyist interested in the mining field, we will provide you with valuable content. 🤩 Our goal is to help you better understand mining equipment and coal washing plant design, providing support and guidance for your success in this field. Whether you're considering investing in new equipment or want to stay up to date on the latest technology trends, we're here to help. ✍ If you are interested in our content, please be sure to subscribe to our channel and click the notification button to receive our updates as soon as possible. At the same time, you are welcome to interact with us in the comment area, share your ideas and suggestions, and let us build a community full of learning and communication!
Elsa-AURY Vibrating Screen&Centrifuge&Cyclone - YouTube
youtube.com
To view or add a comment, sign in