Search results: China

Scientists may have discovered a method for making magnets used in wind turbines and electric cars without the rare-earth metals that are almost exclusively produced in China. A team from the University of Cambridge and colleagues from Austria found...

Hongkong Stock Exchange-listed battery metal producer, Zhejiang Huayou Cobalt through its newly acquired company, Prospect Lithium Zimbabwe (PLZ) plans to commence production at its Arcadia lithium Project in Goromonzi during the first quarter of 2023, PLZ...

The Manhize iron and steel project west of Furtherstone will generate an annual revenue of US$10 billion, it has been revealed.Rudairo MapurangaSpeaking at the ground breaking ceremony of the first phase of the plant, the Minister...

President Emmerson Mnangagwa yesterday commissioned phase 1 of Dinson Iron and Steel project in Mhanhize which will have an annual turnover of US$600 million.Rudairo MapurangaThe Dinson Iron and Steel Company (DISCO) Steel Plant is one of...

Lithium Mining in Zimbabwe is on the rise with several projects in the exploration phase forecasted to kick-start production in 2023.Zimbabwe has the largest lithium reserves in Africa and the fifth-largest deposits worldwide. It has the...

Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering. Bullion prices will reach $1 806.10 an ounce by year-end, according to the average...

China's Zhejiang Huayou Cobalt's Arcadia lithium mine will start delivering lithium-containing minerals spodumene and petalite next year, according to the local manager of the company.Huayou, one of the world's major producers of cobalt, last year completed...

Outokumpu, the integrated Finnish stainless steel producer, and Zimasco, the Chinese-owned ferrochrome producer in Zimbabwe, have announced suspensions of ferrochrome furnaces at their flagship operations.For Outokumpu, the closure is a delayed restart of one furnace after...

Platinum remains significantly undervalued. That is the key takeaway from the 30-page Platinum Quarterly published by the World Platinum Investment Council (WPIC). “Why I say that platinum remains undervalued is that we've got a situation where the opportunities for platinum look good."Supply is expected to be...

Platinum group metals (PGMs) company Implats, which generated free cash flow of R28.8-billion in the 12 months to June 30, said on Thursday that it had allocated R4.3-billion over the next five years to energy security and decarbonisation. Gross profit totalled R41.3-billion at...

German carmakers Volkswagen and Mercedes-Benz struck battery materials cooperation agreements with mineral-rich Canada on Tuesday, intensifying efforts to secure access to lithium, nickel and cobalt.The move comes as automakers roll out their electric-vehicle expansion strategies globally in...

The gold industry has a huge potential to contribute significantly to Zimbabwe's economic revival, mine industry captains have alluded.Rudairo MapurangaSpeaking today at the All Stakeholders Workshop on Gold Sector value Chain Chamber of Mines of Zimbabwe...