Smelting

New Rio Tinto Plant in Utah Points to Growing Demand for Tellurium

Retrieved on: 
Wednesday, March 31, 2021
Chemistry, Physical sciences, Chemical elements, Natural sciences, Native element minerals, Chalcogens, Smelting, Copper mining in the United States, Kennecott Utah Copper, Tellurium, Rio Tinto, Selenium

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC, OTCBB: GODYF) (or Deer Horn) reports that a new tellurium recovery plant under construction by Rio Tinto in Utah points to growing tellurium demand for solar panels and other applications such as next-generation lithium-tellurium (Li-Te) batteries.

Key Points: 
  • VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC, OTCBB: GODYF) (or Deer Horn) reports that a new tellurium recovery plant under construction by Rio Tinto in Utah points to growing tellurium demand for solar panels and other applications such as next-generation lithium-tellurium (Li-Te) batteries.
  • The new plant will be part of Rio Tintos Kennecott copper mine near Salt Lake City.
  • Rio Tinto is investing $2.9 million to set up the plant, which will recover tellurium as a byproduct of copper smelting.
  • The signs are there that tellurium demand is growing, and they will continue to grow as the need for alternative energy and new green technology expands.

NL REPORTS FOURTH QUARTER 2020 RESULTS

Retrieved on: 
Wednesday, March 10, 2021
Companies, NL Industries, Smelting

Dallas, Texas, March 10, 2021 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $4.3 million, or $.09 per share, in the fourth quarter of 2020 compared to net income attributable to NL stockholders of $6.3 million, or $.13 per share, in the fourth quarter of 2019.

Key Points: 
  • Dallas, Texas, March 10, 2021 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $4.3 million, or $.09 per share, in the fourth quarter of 2020 compared to net income attributable to NL stockholders of $6.3 million, or $.13 per share, in the fourth quarter of 2019.
  • Income from operations attributable to CompX was $2.3 million in the fourth quarter of 2020 compared to $3.5 million in the fourth quarter of 2019 and $11.8 million in the full year of 2020 compared to $17.7 million in the full year of 2019.
  • Kronos net sales of $414.9 million in the fourth quarter of 2020 were $42.2 million, or 11%, higher than in the fourth quarter of 2019.
  • Kronos income from operations in the fourth quarter of 2020 was $20.4 million as compared to $17.2 million in the fourth quarter of 2019.

U.S. Gold Corp. Reports Update on CK Gold Project Metallurgical Testing, Anticipating Improved Gold and Copper Recoveries

Retrieved on: 
Monday, March 8, 2021
Chemistry, Physical sciences, Natural sciences, Chemical elements, Transition metals, Copper, Metallurgy, Smelting, Yttrium, Oxide

The 2009 and 2010 metallurgical testingof the CK Gold Project, referenced in the initial Mine Development Associates PEA, dated August 24, 2012, reported oxide gold and copper recoveries of 55% and 10%, respectively.

Key Points: 
  • The 2009 and 2010 metallurgical testingof the CK Gold Project, referenced in the initial Mine Development Associates PEA, dated August 24, 2012, reported oxide gold and copper recoveries of 55% and 10%, respectively.
  • At the same time, the 2008-2009 SGS testwork, reported in 2009, also achieved gold and copper recoveries of 68% and 77%, respectively, on sulphide and mixed (sulphide/oxide) material.
  • Three metallurgical composites have been prepared, (a high-grade oxide, overall oxide and overall sulphide) together with a suite of variability samples.
  • Cleaner concentrates containing over 25% copper and 150 g/t gold have been produced, which would represent an attractive smelter feed.

U.S. Gold Corp. Reports Update on CK Gold Project Metallurgical Testing, Anticipating Improved Gold and Copper Recoveries

Retrieved on: 
Monday, March 8, 2021
Chemistry, Physical sciences, Natural sciences, Chemical elements, Transition metals, Copper, Metallurgy, Smelting, Yttrium, Oxide

The 2009 and 2010 metallurgical testingof the CK Gold Project, referenced in the initial Mine Development Associates PEA, dated August 24, 2012, reported oxide gold and copper recoveries of 55% and 10%, respectively.

Key Points: 
  • The 2009 and 2010 metallurgical testingof the CK Gold Project, referenced in the initial Mine Development Associates PEA, dated August 24, 2012, reported oxide gold and copper recoveries of 55% and 10%, respectively.
  • At the same time, the 2008-2009 SGS testwork, reported in 2009, also achieved gold and copper recoveries of 68% and 77%, respectively, on sulphide and mixed (sulphide/oxide) material.
  • Three metallurgical composites have been prepared, (a high-grade oxide, overall oxide and overall sulphide) together with a suite of variability samples.
  • Cleaner concentrates containing over 25% copper and 150 g/t gold have been produced, which would represent an attractive smelter feed.

Global Blast Furnace Block Industry (2021 to 2026) - Key Development Opportunities and Challenges - ResearchAndMarkets.com

Retrieved on: 
Monday, March 8, 2021
Other Manufacturing, Manufacturing, Industrial processes, Steelmaking, Industrial furnaces, Economic sectors, Metallurgy, Smelting, Blast furnace, Blast, Market research

The "Global and Chinese Blast Furnace Block Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and Chinese Blast Furnace Block Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is a professional and in-depth study on the current state of the global Blast Furnace Block industry with a focus on the Chinese market.
  • The report then estimates 2021-2026 market development trends of the Blast Furnace Block industry.
  • Overall, the report provides an in-depth insight of the 2021 global and Chinese Blast Furnace Block industry covering all important parameters.

Elim Mining to Exhibit at the Virtual PDAC and to Host Daily Management Presentations

Retrieved on: 
Friday, March 5, 2021
Mining, Minerals, Natural Resources, Regions of the United States, Asarco, Smelting, States of the United States, United States, Porphyry copper deposit, ARIZONA

Elim Mining is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in an infrastructure-rich area of Arizona.

Key Points: 
  • Elim Mining is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in an infrastructure-rich area of Arizona.
  • The Company is initially focused on resource development of the Cactus Mine, which is a re-start of the former Sacaton mine, operated by ASARCO through 1984.
  • The Company holds a 100% ownership interest in both the Cactus and Parks/Salyer Properties, which cover 2,458 acres in Pinal County, Arizona.
  • Elim is managed by mining executives with over 210 years of combined experience in mine operations and business.

NL INDUSTRIES ANNOUNCES $0.06 PER SHARE DIVIDEND FOR THE FIRST QUARTER OF 2021

Retrieved on: 
Wednesday, March 3, 2021
Companies, Chemistry, Physical sciences, NL Industries, Smelting, Dividend, Titanium

Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:NL) today announced that its Board of Directors voted to declare a quarterly dividend of six cents ($0.06) per share on its common stock payable on March 25, 2021 to shareholders of record at the close of business on March 15, 2021.

Key Points: 
  • Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:NL) today announced that its Board of Directors voted to declare a quarterly dividend of six cents ($0.06) per share on its common stock payable on March 25, 2021 to shareholders of record at the close of business on March 15, 2021.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and titanium dioxide products businesses.

COMPX ANNOUNCES INCREASE IN QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, March 3, 2021
Companies, Corporate finance, NL Industries, Smelting, Financial markets, Dividend, Equity securities, CIX, Common stock

Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today a $0.10 per share increase in its regular quarterly dividend.

Key Points: 
  • Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today a $0.10 per share increase in its regular quarterly dividend.
  • CompXs board of directors has declared a regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on March 23, 2021 to stockholders of record at the close of business on March 15, 2021.
  • CompX is a leading manufacturer of security products and recreational marine components.

Abacus Provides Update on Willow

Retrieved on: 
Monday, March 1, 2021
Economic geology, Hudbay Minerals, Smelting, Mining, Ore, Companies, Industry economics)

VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) wishes to provide an update on its Willow and adjacent Nev-Lorraine properties in the Yerington copper camp, southeast of Reno, Nevada.

Key Points: 
  • VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) wishes to provide an update on its Willow and adjacent Nev-Lorraine properties in the Yerington copper camp, southeast of Reno, Nevada.
  • Abacus completed geological, geochemical and geophysical work on Willow beginning in 2017 and then undertook a short core drilling program.
  • The undeveloped Ann Mason porphyry deposit (M&I of 1.4BT at 0.32% Cu) lies just east of Willow and is held by HudBay Minerals.
  • Abacus has the right to earn a 75% ownership interest in the Willow property from Almadex America Inc, a wholly owned subsidiary of Almadex Minerals Ltd.

KOBELCO Group's CO2 Reduction Solution: Innovative technology to reduce CO2 emissions from blast furnace operations successfully verified

Retrieved on: 
Monday, February 22, 2021
Industrial processes, Economic sectors, Secondary sector of the economy, Blast furnace, Metallurgy, Smelting, Steelmaking, Carbon capture and storage, Emissions trading

The quantity of CO2 emissions from the blast furnace is determined by the reducing agent rate (RAR)*2) or the quantity of carbon fuel used in blast furnace ironmaking.

Key Points: 
  • The quantity of CO2 emissions from the blast furnace is determined by the reducing agent rate (RAR)*2) or the quantity of carbon fuel used in blast furnace ironmaking.
  • The results indicate that this technology can reduce CO2 emissions by approximately 20% compared to a conventional method*5).
  • We will keep improving this CO2 reduction solution technology while further reducing CO2 emissions and achieving lower costs for CO2 reduction.
  • In comparison to the blast furnace method, the MIDREX Process can reduce CO2 emissions by 20 to 40%.