Mine reopens in central Newfoundland with Chinese investment despite ...
The state-owned China Minmetals Rare Earth Group is the new backer for the mine, which stopped production in 2013, under the Chinese-owned Hunan Nonferrous Metals.
China Minmetals unit flags rare earths restructuring
The rare earths arm of China Minmetals said on Thursday it had been notified its parent is planning a "strategic restructuring" of rare earth assets with another State-owned firm, Chinalco, and ...
Toyota to Form Joint Venture With China Minmetals and Meiwa …
Additionally, they have reached an agreement with China Minmetals'' subsidiary, Changsha Institute of Mining and Metallurgy Research Co., Ltd., Hunan Yun Storage Circulating New Energy Technology Co., Ltd., Hunan Changyuan Lithium Technology Co., Ltd., and Meiwa Corporation to jointly establish a joint venture company.
China''s Changyuan Lico to Build Lithium Battery Materials Plant …
unit of mining giant China Minmetals announced yesterday. This will be its first production base outside of Hunan province, where it has three. Because of the large investment needed to build the plant, funding will come from Changyuan Lico''s own funds, bank loans, and equity financing, among other sources, the Changsha-based company …
China Minmetals completes acquisition of copper mine in Botswana
MMG Limited, a subsidiary company of the mining giant China Minmetals Corporation, has finalised the acquisition of a large-scale copper mine in southern Africa''s Botswana. Located in southern Africa''s Kalahari Copper Belt, the Khoemacau copper mine has copper reserves of over six million tonnes and mining rights covering an area of …
China Minmetals launches raw materials project for new energy battery ...
A subsidiary of China Minmetals Corp, one of the country''s top miners, launched the first phase of a new energy battery raw materials project in top steelmaking city Tangshan, in an effort to ...
China Minmetals Corporation Holds a Scientific and …
In the afternoon on July 15, China Minmetals Corporation held a scientific and technological innovation conference, at which it reviewed the major achievements made in scientific and technological innovation in recent years, and awarded collectives and individuals which made outstanding contributions to its innovation-driven development.
China Minmetals'' operating performance receives wide attention …
Xinhua News Agency published a report "Focusing on the main business of metal minerals, China Minmetals gained a year-on-year revenue increase by 12.7% in the first half of the year", which comprehensively reported on the development achievements of China Minmetals and introduced the key work deployment in the second half of the year; …
China to buy another African mine as it elbows in to lead global …
The acquisition in Zambia comes a few months after Chinese company MMG, backed by state-owned mining giant China Minmetals Corporation, bought Botswana''s Khoemacau copper mine for about US$1.9 ...
China set to dominate deep-sea mining and grab treasure of rare …
When deep-sea mining begins, China — which already controls 95 percent of the world''s supply of rare-earth metals and produces three-quarters of all …
Ganfeng joins China Minmetals lithium salt lake project for $225 ...
Ganfeng Lithium Co said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp in Qinghai.
Tesla, BYD, and VW use EV battery minerals with a history of …
Demand for critical minerals used in EVs and battery storage for renewable energy could grow tenfold by 2040, under a conservative estimate by the International Energy Agency. Scrambling to secure ...
Minmetals solidifies copper supplies with new deal
China Minmetals Corp clinched the mine with a deal worth $1.875 billion in November. ... China Minmetals said the rapid development of emerging industries such as new energy vehicles, clean energy ...
China Minmetals sets up graphite unit in battery materials push
China Minmetals Corp [CHMIN.UL] said on Thursday it had set up a graphite subsidiary in the northeastern province of Heilongjiang, as the state-owned miner continues its push into battery materials.
Ganfeng joins China Minmetals lithium salt lake project for $225 mln
(Reuters) – Ganfeng Lithium Co., Ltd., Xinyu, China, said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp. in Qinghai. The move will give Ganfeng, one of the world''s top producers of lithium chemicals used in electric […]
China set to dominate deep-sea mining and grab treasure of rare …
China Minmetals, one of the contractors in control of China''s deep-sea exploration licenses, carried out mining tests under the 863 Program, a government initiative to develop cutting-edge ...
China Minmetals Achieves High-quality Development and Makes …
China Minmetals forged ahead and effectively responded to internal and external pressures and challenges. ... while the exploitation of Nihe Iron Mine and Zhaopingfang Iron Mine has sped up. In addition, China Minmetals independently designed and manufactured the world''s first heavy plate mill with a width up to 5,600 mm, utilized self ...
China Minmetals Wraps Up Acquisition of Botswana Copper Mine …
Khoemacau stands as a top-tier operational mine with compelling prospects for expansion, situated in Botswana''s promising Kalahari Copper Belt, one of Africa''s most prospective mining regions. This large-scale, enduring copper mine, known as the Khoemacau Mine, is positioned in northwest Botswana within the burgeoning …
This Deep-Sea Mining Company Will Sweep The Ocean Floor For Battery ...
Meanwhile, China is moving in, with companies like China Minmetals also pursuing claims in the CCZ, encouraged by Beijing. Several dozen Congressmen are pushing for congress to support efforts of ...
China salt lake project puts lithium production under spotlight
The move into the Qinghai project, operated by China Minmetals, will give Ganfeng, one of the world''s top producers of lithium chemicals, its first salt lake asset in China, adding to interests it holds in Argentina. Salt lakes are one of the world''s major sources of lithium, the other being the lithium-bearing mineral spodumene.
Toyota and China Minmetals Reach Cooperation on Battery …
Agreements have also been made with the Changsha Research Institute of Mining and Metallurgy Co., Ltd., Hunan Yunshu Recycling New Energy Technology Co., Ltd., Hunan Changyuan Lico Co., Ltd., and Meihua Industrial (Shanghai) Co., Ltd., which are all affiliated with China Minmetals, to establish a joint venture company.
China Minmetals to jointly set up $1.4 billion lithium miner in …
8 · September 09, 2024 at 01:12 am EDT. BEIJING (Reuters) - State-owned China Minmetals plans to establish a10 billion yuan ($1.41 billion) miner with local companies in …
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 …
A unit of state-owned China Minmetals Corp. bought a copper mine in Botswana for about $1.9 billion, ending a bidding race that drew interest from at least two other Chinese suitors. MMG Ltd. said it had agreed to purchase Cuprous Capital Ltd., the sole owner of the Khoemacau mine in the Kalahari ...
China Sets Up Beijing-Backed Lithium Group to Tap Salt Lakes
7 · China Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a "world-class" industry extracting the battery material from salt lakes in the ...