Articles for tag: countries, produce, Silver, worlds

January 25, 2025

Ron Finklestien

mining

Global Silver Production: Leading Countries Revealed

Silver Supply Struggles Amid Growing Demand Silver mine output has faced a downward trend for almost a decade. In 2016, production peaked at 900.1 million ounces. Demand has consistently surpassed supply for the last three years, and the Silver Institute forecasts another market deficit in 2024. This situation is largely driven by soaring industrial demand, particularly from the solar energy industry. Interestingly, only 20 to 30 percent of the world’s silver supply originates from primary silver mines. The vast majority, about 70–80 percent, comes from mining other metals like copper, lead, and zinc. Leading Silver Producers in 2023 Here are

April 23, 2024

Ron Finklestien

mining

Metals Company and SGS produce world’s first nickel sulphate from seafloor polymetallic nodules

Following the successful nickel sulphate production, SGS continues testing to produce what TMC believes will be the world’s first cobalt sulphate from polymetallic nodules. “The production of the world’s first nickel sulphate from deep-seafloor nodules is an important milestone, confirming that our custom flowsheet configuration can be deployed to process these remarkable rocks into final products suitable for use in batteries,” said TMC head of onshore development Jeffrey Donald. “The data collected will inform further engineering decisions to move this towards commercial scale, and TMC continues to expect that initial production will begin with a capital-light approach by leveraging the

February 23, 2024

Ron Finklestien

mining

Zijin’s Ambitious Expansion Plans for Tibet Copper Mine Zijin’s Ambitious Expansion Plans for Tibet Copper Mine

Zijin’s Major Investment in Tibet Zijin has recently announced its grand ambitions to expand its presence in the Tibetan mining sector. The total investment required for the project has been estimated at 17.5 billion yuan ($2.43 billion). Scaling New Heights in Production If local authorities greenlight the third phase of expansion, Zijin’s Julong project could potentially elevate annual output to a staggering 200 million tons. This would firmly place it as the world’s largest single copper mine, a significant milestone for the company. Swift Execution and Capturing Markets In a move that underscores Zijin’s operational prowess, the company swiftly took

February 7, 2024

Ron Finklestien

mining

Li-Metal Revolution: A Game-Changer for Green Lithium Production Li-Metal Revolution: A Game-Changer for Green Lithium Production

In a groundbreaking move, Li-Metal has completed a concept study for the world’s first carbonate-to-metal lithium plant, set to revolutionize green lithium production for future electric vehicles. Environmental Sustainability at its Core The concept study yielded promising results, affirming the feasibility of the vision and highlighting the potential to significantly reduce harmful chlorine gas by-product, while anticipating minimal greenhouse gas (GHG) emissions on a commercial scale. Li-Metal CEO Srini Godavarthy expressed enthusiasm, emphasizing the positive impact on environmental sustainability. He stated, “The results of the study corroborated the viability of our vision and, importantly, further demonstrated that, in addition to

January 21, 2024

Ron Finklestien

mining

Researchers Call for Global Inventory of World’s Mines Global Inventory of World’s Mines Needed – Researchers

“Mining, a necessary evil, has often been shrouded in mystery, its consequences unrevealed. But how can we address a problem we don’t fully comprehend? This is the lament of researchers, Maus and Werner, who argue that data scarcity conceals approximately half of the world’s mining impacts, leaving the global populace unaware of the full extent of environmental and social risks,” stated Maus in a recent press release. The lamentable scarcity of data is attributed to a myriad of factors, from inadequate corporate disclosure to abandoned, informal, or illicit mining sites, leaving a significant portion of mining impacts unaccounted for. Maus