Metso

Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert

Retrieved on: 
Friday, January 26, 2024

Those expectations for copper are flat when compared with 2023's results, but exceed last year's sales of gold and molybdenum.

Key Points: 
  • Those expectations for copper are flat when compared with 2023's results, but exceed last year's sales of gold and molybdenum.
  • "As a result, inventories of copper around the world are at historically low levels, and the inventory levels are really inconsistent with the current copper price."
  • Looking ahead, the world's going to need significantly more copper in the future for a variety of factors.
  • Industrial Info Resources (IIR) is the leading provider of industrial market intelligence.

Lumina Gold Completes Metallurgical and Resource Drilling and Commences Feasibility Study Metallurgical Testing

Retrieved on: 
Tuesday, December 5, 2023

Completed 3,065 metres of dedicated diamond drill holes for the collection of metallurgical samples and comminution testing samples.

Key Points: 
  • Completed 3,065 metres of dedicated diamond drill holes for the collection of metallurgical samples and comminution testing samples.
  • Additional samples have arrived at the material testing facility in the US for the comminution testing.
  • Test work is on schedule and will support the proposed completion of the feasibility study in H1 2025.
  • The Indicated mineral resource is estimated at 1,080 million tonnes grading 0.48 grams per tonne gold and 0.09% copper.

Avalon Appoints Veteran Renewables and Clean-Tech Executive to Board of Directors

Retrieved on: 
Wednesday, October 25, 2023

The appointment is effective October 24th, 2023, and further solidifies a revamped Board and Governance structure that will accelerate Avalon's corporate development.

Key Points: 
  • The appointment is effective October 24th, 2023, and further solidifies a revamped Board and Governance structure that will accelerate Avalon's corporate development.
  • We look forward to his contributions to the Board and Avalon's senior leadership team."
  • The executive successfully took an idea from lab patent in 2000 to a public company in 2010.
  • Avalon would also like to extend its sincere gratitude to John E. Fisher, who has stepped down from the Board of Directors.

Avalon Expands Partnership Agreement with Metso of Finland for its Lithium Processing Facility and New Technology & Innovation Centre in Ontario

Retrieved on: 
Thursday, October 19, 2023

Metso to provide testing and engineering equipment procurement and related services to develop and commercialize Avalon's Thunder Bay lithium processing facility.

Key Points: 
  • Metso to provide testing and engineering equipment procurement and related services to develop and commercialize Avalon's Thunder Bay lithium processing facility.
  • Avalon and Metso to cooperate on the recycling of used batteries and the refining of battery chemicals for recycle use.
  • The expanded partnership agreement follows a memorandum of understanding from July 2023 that enabled Metso and Avalon to develop an innovative, sustainable methodology to produce commercial lithium hydroxide from petalite mineral feeds.
  • "Avalon is proud to import world-leading innovation and processing technology solutions to help ensure that Canada leads the NetZero economy of the future.

Avalon Signs MOU with Metso, a World Leader in Critical Minerals Technology, to Advance the Development of Ontario's First Lithium Processing Facility

Retrieved on: 
Monday, July 10, 2023

Avalon intends to deploy Metso's world-leading technology to construct and operationalize a full-service lithium processing facility at the Company's recently acquired Thunder Bay, ON.

Key Points: 
  • Avalon intends to deploy Metso's world-leading technology to construct and operationalize a full-service lithium processing facility at the Company's recently acquired Thunder Bay, ON.
  • The Non-Binding Memorandum of Understanding stipulates:
    The pursuit of a definitive agreement to establish a lithium hydroxide processing facility in Thunder Bay, ON.
  • The planned Thunder Bay processing facility and upstream lithium project in the Kenora region will create an estimated 500 jobs.
  • The facility will also help foster new economic development opportunities for local and regional First Nations communities.

Piedmont Lithium Releases Inaugural Sustainability Report

Retrieved on: 
Tuesday, June 27, 2023

Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today released its inaugural sustainability report, Progressing with Purpose .

Key Points: 
  • Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today released its inaugural sustainability report, Progressing with Purpose .
  • The report affirms the Company’s commitment to being a responsible, respectful steward of the planet, people, and the communities where Piedmont plans to operate its wholly owned projects, Tennessee Lithium and Carolina Lithium.
  • “Our inaugural sustainability report represents an important first step in formalizing our ESG efforts as we develop our operations.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11).

Changes in Valmet's Executive Team

Retrieved on: 
Wednesday, June 21, 2023

ESPOO, Finland, June 21, 2023 /PRNewswire/ -- Petri Rasinmäki (M.Sc. Eng, MBA) has been appointed Business Line President, Paper, at Valmet as of September 1, 2023. In his new position, Petri Rasinmäki will be a member of Valmet's Executive Team reporting to President and CEO Pasi Laine.

Key Points: 
  • In his new position, Petri Rasinmäki will be a member of Valmet's Executive Team reporting to President and CEO Pasi Laine.
  • Petri Rasinmäki currently holds the position of Vice President, Board and Paper Mills business unit at Valmet's Paper business line.
  • It has been a privilege to work with Jari in our Executive Team and on our global customers, and we will all miss him.
  • Business Line President, Paper business line, Valmet as of September 1, 2023

Piedmont Lithium Completes Definitive Feasibility Study of Tennessee Lithium Project

Retrieved on: 
Thursday, April 20, 2023

The Company is focused on first commercial shipments in Q3 from North American Lithium with revenue generation to support activities across Piedmont's global portfolio of projects, including Tennessee Lithium.

Key Points: 
  • The Company is focused on first commercial shipments in Q3 from North American Lithium with revenue generation to support activities across Piedmont's global portfolio of projects, including Tennessee Lithium.
  • A DFS is expected mid-2023 for the Ewoyaa Lithium Project in Ghana, which is expected to be the primary feedstock for Tennessee Lithium, while Carolina Lithium continues to advance through permitting and approvals processes.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11).
  • 1The grant will not be final until Piedmont Lithium and the DOE have agreed to specific terms and conditions of the grant.

Global Excavator Market Report 2022 to 2027: Featuring Caterpillar Private, CNH Industrial, Doosan Infracore and Epiroc Construction Machinery Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, February 6, 2023

The market stood at around 46 billion in size, which is projected to reach nearly 65 billion by 2027.

Key Points: 
  • The market stood at around 46 billion in size, which is projected to reach nearly 65 billion by 2027.
  • Furthermore, the market is expected to grow at a 6% CAGR between 2022 and 2027.
  • This report highlights the market performance of different types of excavators with a global comparison of the historical and the forecasted data.
  • The introduction of new emission standards and the development of better fuel-efficient methods are to support the growth in the forecasted period.

Ericsson Nomination Committee´s proposal for board of directors. Jan Carlson proposed as new Chairman

Retrieved on: 
Wednesday, January 11, 2023

Ronnie was elected to the Ericsson board of directors as Chairman in 2018 and will continue to serve as Chairman for the remainder of his term.

Key Points: 
  • Ronnie was elected to the Ericsson board of directors as Chairman in 2018 and will continue to serve as Chairman for the remainder of his term.
  • The Nomination Committee hence proposes that, the current board member, Jan Carlson be elected by the Annual General Meeting 2023 as new Chairman of the Ericsson Board.
  • It is the Nomination Committee's assessment that each of the proposed board members, with their respective experiences, adds valuable expertise and experience to the Board.
  • Jan Carlson has a long career both as CEO and Chairman, as well as good knowledge of Ericsson after serving many years on the board.