Articles for tag: earth, eyes, magnet, NioCorp, rare, recycling

April 19, 2024

Ron Finklestien

mining

Revolutionizing Rare Earth Magnet Recycling: NioCorp’s Sustainable Vision

NioCorp’s Innovation in Recycling Rare Earth Magnets NioCorp, the industry maverick, is embarking on an uphill journey towards revolution. Their latest initiative is a symphony of sustainability and efficiency, aiming to extract rare earth oxides from used neodymium-iron-boron magnets. The Promise of NioCorp’s Initiative Scott Honan, the company’s chief operating officer, envisions a seamless transition in the recycling process. The trailblazing design at the Elk Creek project offers a glimpse into the future, where recycling rare earth magnets takes center stage with minimal adjustments. Securing NioCorp’s Future NioCorp’s audacious move could potentially unlock new realms of production, elevating their capabilities

March 25, 2024

Ron Finklestien

mining

Nexa Resources looks to broaden horizons in Peru Nexa Resources looks to broaden horizons in Peru

When other enterprises are playing it safe, Nexa Resources is seizing the day, peering across the horizon towards Peru. Following on the heels of Nexa’s audacious declaration in January, earmarking a staggering $58 million for exploration this year, the Brazilian powerhouse affirms its commitment to a long-term vision of replacing and expanding mineral reserves and resources. Nexa’s footprint sprawls across nine strategic locales spread between Brazil and Peru – a potent cocktail of three refineries and six mines. It’s a tapestry that includes the illustrious Cerro Lindo, a stalwart among the top 20 largest zinc mines across the globe. And

January 23, 2024

Ron Finklestien

mining

Barrick accelerates Zambian copper mine expansion, eyes 2028 first production

Barrick’s Ambitious Expansion Plans for Lumwana Copper Mine in Zambia Local Prosperity and Growth Since 2019, Lumwana has injected nearly $3 billion into the Zambian economy, comprising royalties, taxes, salaries, and procurement of goods and services from local businesses. Notably, local procurement accounted for over 81% of the copper mine’s total spend last year, cementing its pivotal role in fortifying the Zambian economic landscape. Business Accelerator Program and Community Upliftment Barrick, as part of its expansion initiative, has initiated a business accelerator program aimed at enhancing the business acumen of Zambian contractors within its supply chain. This strategic move seeks