互联网收集(Internet Sources)

BHP Needs to Spend $50 Billion to Successfully Acquire Anglo American

JPMorgan analysts released a report stating that BHP needs to increase its latest offer by approximately 30% to fairly reflect the value of the British mining company Anglo American. In other words, BHP needs to spend $50 billion to successfully acquire Anglo American. BHP previously launched a bid for Anglo American, but both offers were […]

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BHP’s Proposed Acquisition of Anglo American Highlights the Hot Demand for Copper Assets

On April 25, the world’s largest mining company, BHP Group (referred to as “BHP”), confirmed that it has made an all-stock acquisition proposal to Anglo American Plc (referred to as “Anglo American”) with a valuation of $38.8 billion. BHP’s proposal comes with the condition that Anglo American first divests its platinum and iron ore businesses

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Aperam: External Sales Down by Approximately 4.8% in 2023, Sales of Stainless Steel Scrap and Others Up by About 1.1%

Aperam released a report indicating that in 2023, its external sales volume fell by approximately 4.8% to 2.198 million tons, and revenues decreased by nearly 19.2% to 6.592 billion euros due to declines in sales volume and prices. Gross operating profit (EBITDA) dropped by nearly 72.8% to 293 million euros (adjusted decrease of about 73.1%

Aperam: External Sales Down by Approximately 4.8% in 2023, Sales of Stainless Steel Scrap and Others Up by About 1.1% Read More »

New Breakthrough Achieved in the Development of Rare Earth Fiber Aerogel Material

Recently, the Baotou Rare Earth Research Institute collaborated with Lanzhou University to develop a flexible rare earth fiber aerogel that combines low thermal conductivity with high-temperature resistance, featuring advanced core technical indicators. It is understood that aerogel materials are widely used in chemical insulation, new energy vehicles, and clothing due to increasing demand and performance

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Peruvian Minister of Mines: Strong Copper Prices to Revitalize Peru’s Mining Industry

According to Wenhua Finance citing foreign sources on May 3rd, Peru’s Minister of Mines stated on Friday that although the mining sector in Peru has been heavily impacted by years of political turmoil, strong copper prices and optimistic prospects for further increases are boosting the mining sector, helping to attract investor interest. Romulo Mucho stated,

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Expansion Project to Increase Alphamin’s Production Capacity to 20,000 Tons of Tin Annually

The operator of the Bisie mine, Alphamin Resources Corp. (TSXV: AFM; JSE AltX: APH), announced that its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the first quarter of 2024 increased by 156% year-over-year. In the quarter ending March 31, 2024, ore processed increased by 4% to 109,424 tons compared to the previous quarter,

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IEA: Batteries Are Changing the Game, Crucial for Achieving Climate and Energy Goals

According to a report released by the International Energy Agency (IEA) on Thursday, battery storage costs are expected to significantly decrease in the coming years, which will accelerate the transition from fossil fuels to renewable energy, crucial for achieving climate and energy goals. Although renewable energy generation is already cheaper than coal and gas power

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IMF: Metal Production Value in Sub-Saharan Countries Set to Soar

According to a report by Mining.com citing Bloomberg, the International Monetary Fund (IMF) estimates that by 2050, the value of metals required for energy transition in Sub-Saharan African countries could reach nearly $2 trillion. In an article published on April 19, the IMF predicted that under the scenario envisioned, the global production value of copper,

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Indonesian Nickel Supply May Increase, Easing Asia’s Supply Tensions in the Second Quarter

According to foreign reports on April 17th, the tight supply of nickel ore in Asia may ease between April and June, as Indonesian production is expected to increase following the government’s decision to expedite the approval process for mining quotas. Indonesia, the world’s largest nickel producer, experienced delays in mining approvals at the beginning of

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Ministry of Industry and Information Technology: National Lithium Battery Production Up 15% Year-on-Year in January-February, Battery-Grade Lithium Carbonate Averaged 970,000 Yuan per Ton

According to data from the Ministry of Industry and Information Technology, based on information from lithium battery industry standard announcement companies and industry association estimates, the total production of lithium batteries in China exceeded 117 GWh in January-February, representing a 15% increase year-on-year. In the battery segment, the production of energy storage lithium batteries exceeded

Ministry of Industry and Information Technology: National Lithium Battery Production Up 15% Year-on-Year in January-February, Battery-Grade Lithium Carbonate Averaged 970,000 Yuan per Ton Read More »

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