Glencore

In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)

Retrieved on: 
Wednesday, April 10, 2024
Quileute, Failure, Automation, State Council, Pressure, Nickel Asia Corporation, Growth, Final good, Finance, Lifting, Environment, BHP, Resource, Risk, Education, Pyrometallurgy, NEVS, Policy, Metal, Anxiety, Stainless steel, Action plan, News, Nickel, Mining, Yoy, Fed, Heart, Iron, HJF, Glencore, Car, Cobalt

In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)

Key Points: 
  • In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)
    Nickel prices remained at a low position in 2023, posing a serious challenge to the global industrial chain.
  • Nickel Asia Corporation, a nickel producer from the Philippines, reported a decrease of 53% YoY in net profits in fiscal year 2023.
  • The general downturn of the nickel industry in 2023 reflects the fact that the global oversupply of nickel has not changed in the past two years.
  • On the other, the nickel supply-demand situation has seen predictions for marginal improvement, and this will surely boost nickel price.

New victory against mining giant Glencore’s anti-union practices

Retrieved on: 
Thursday, April 4, 2024
FTQ, Tribunal, Glencore, Superior court, Steel, USW, TAT, Light, Raglan Mine

Glencore had eliminated the security service positions after United Steelworkers union members refused the company's proposed collective agreement.

Key Points: 
  • Glencore had eliminated the security service positions after United Steelworkers union members refused the company's proposed collective agreement.
  • We will support our members to the end against anti-union practices," said United Steelworkers Quebec Director Dominic Lemieux.
  • Nicholas Marchand, president of the security officers' local, is delighted with this victory in the long legal saga.
  • "It's awful what Glencore has put us through since 2021, we're happy with this new legal victory.

Schneider Electric launches Materialize program for Scope 3 decarbonization of natural resources

Retrieved on: 
Wednesday, April 3, 2024
Carbon, Automation, Urban Saints, Schneider Electric, Electricity, Carbon accounting, GMG, Partnership, Catalysis, Metal, Software, Mineral, Digital technology, Glencore, Professional, Renewable energy

Materialize is a continuation of Schneider Electric’s suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale.

Key Points: 
  • Materialize is a continuation of Schneider Electric’s suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale.
  • “We are delighted to launch Materialize as our latest collaborative program to reduce Scope 3 emissions.
  • Both were created to engage thousands of suppliers simultaneously to drive swift and measurable action to reduce program sponsors’ Scope 3 emissions.
  • The portfolio builds on Schneider’s foundational initiative, The Zero Carbon Project , that provides resources and guidance to program participants, encouraging ambitious decarbonization goals with a deployment action plan to achieve it.

SIGMA LITHIUM SECURES PREMIUM FINAL PRICE OF US$ 1,333/t FOR 22,000 t OF QUINTUPLE ZERO LITHIUM, WITH 85% PRE-PAYMENT FOR DELIVERY IN 2 WEEKS

Retrieved on: 
Wednesday, March 27, 2024
Lithium, Carbon, VAT, Glencore, EXW, Port

This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved.

Key Points: 
  • This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved.
  • This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved by the Company.
  • As a reference, the final price net of VAT is equivalent to 8.75% of the LME Lithium Hydroxide CIF/Fastmarkets CJK price.
  • Additionally, as a "free bonus" we deliver the only Quintuple Zero Green Lithium in the industry, without receiving a green premium.

North Bay Resources Announces Assays from Murex Copper Project up to 3.12% Cu, 60.3g/t Au, 141g/t Ag, and 8.11% Zn

Retrieved on: 
Wednesday, March 6, 2024
Glencore, Copper, ALS, OTC, News, Press release, Lupus, Gold, NBRI, National instrument, National Instrument 43-101, Silver, Murex

SKIPPACK, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce previously unreleased assays (with the exception of sample #H619241) at its wholly owned Murex Copper Project (formerly Mt.

Key Points: 
  • SKIPPACK, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce previously unreleased assays (with the exception of sample #H619241) at its wholly owned Murex Copper Project (formerly Mt.
  • Fall 2023 Exploration consisted of geochemical and geological mapping in the North of the property, yielding the following assays:
    Fall 2023 Exploration consisted of 6 rock chip samples covering the Lupus and Lakeview Zones.
  • Rock chip sampling consisted of geochemical analysis at ALS Chemex Labs, North Vancouver, B.C.
  • The Company has completed exploration at the Copper Bell Zone where Summer 2023 Exploration resulted in assays up to 14.7% copper (see Press Release dated February 16th, 2024).

The Hunt for Junior Nickel Miners - Timing is Everything

Retrieved on: 
Tuesday, February 13, 2024
EVS, Glencore, Copper, Nickel, Platinum, Iron, News, Stainless steel, Metal, Eye, Urbanization, Mitsubishi Corporation, Gold, EZ2, Morgan Stanley, MRE, PGM, National instrument, Cobalt, Economics, Palladium, Rare-earth element

Historically, the nickel price has troughed at the 70th percentile, followed by a subsequent rebound."

Key Points: 
  • Historically, the nickel price has troughed at the 70th percentile, followed by a subsequent rebound."
  • There has been an addition of 3.877 billion pounds (1.758 million tonnes) of contained nickel to the Indicated resource.
  • Nickel Creek Platinum Corp. is focused on advancing its 100%-owned Nickel Shäw Project towards becoming Canada's next world-class nickel sulphide mine.
  • With the recent attention the news from Canada Nickel made with its major investment in Timmins, planning $1-billion nickel processing plant in Ontario for EVs, investors may be on the hunt for other nickel plays.

SIGMA LITHIUM SHIPS 22,000 TONNES OF LITHIUM CONCENTRATE: GLENCORE PREPAID 50% AT PREMIUM PRICES

Retrieved on: 
Monday, February 5, 2024
Lithium, Carbon, GxP, Glencore, LME, Sewage, Port, Commercial, Water, COP28

SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it has completed loading its sixth shipment of concentrate, totalling 22,000 tonnes, at the Port of Vitoria.

Key Points: 
  • Sigma Lithium announces that it is completing the loading of 22,000 tonnes of Quintuple Zero Green Lithium to Glencore at the Port of Vitoria tonight.
  • Glencore has prepaid 50% for the shipment of Sigma's Quintuple Zero Green Lithium concentrate at a provisional premium price of 7.5% of the quoted LME/Fastmarkets lithium hydroxide price (average China, Japan, South Korea).
  • This shipment demonstrates the consistent performance of Sigma Lithium's Greentech Plant achieving annualized nameplate capacity of 270,000 tonnes of Quintuple Zero Green Lithium.
  • This prepayment reflects premium pricing at a 7.5% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company's unique Quintuple Zero Green Lithium concentrate ("Quintuple Zero Green Lithium").

Cerro de Pasco Resources receives Green Light on Land Easement Application Process for Quiulacocha Tailings

Retrieved on: 
Thursday, January 11, 2024
PB, ISO, Mineralogy, Standard, Glencore, Easement, DGM, Country, Corporate social responsibility, Telephone numbers in Hungary, Supreme, Qiwllaqucha, Qt Project, Mining, Sonic, Privatization, Perseverance, QT, PEA, Concession, AMSAC, International Organization (journal), CDPR, Nature, News, Mineral Resources Limited, Ministry, FRA, Technical report

Guy Goulet, CEO of Cerro De Pasco Resources, “Our perseverance and meticulous adherence to process has finally paid off.

Key Points: 
  • Guy Goulet, CEO of Cerro De Pasco Resources, “Our perseverance and meticulous adherence to process has finally paid off.
  • The Easement will enable the Company to perform confirmatory exploration via a 40-hole sonic drilling program.
  • The Quiulacocha Tailings Storage Facility covers approximately 115 hectares and is estimated to hold approximately 75 million tonnes of tailings deposited from the 1920s to 1990s, with tailings deposited in the Quiulacocha Tailings Storage Facility from the early 1920´s to 1992.
  • The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.

Hydro completes sale to Glencore

Retrieved on: 
Friday, December 1, 2023
Glencore, Mining, USD, Carbon, MRN, Metal, Retirement, Sale, Aluminium

This enables Hydro to strengthen our position in low-carbon aluminium,” says President and CEO, Hilde Merete Aasheim.

Key Points: 
  • This enables Hydro to strengthen our position in low-carbon aluminium,” says President and CEO, Hilde Merete Aasheim.
  • Hydro and Glencore will continue efforts to reduce carbon emissions from Alunorte through the fuel switch project that aims to substitute fuel oil with LNG, and the electrification of boilers.
  • Following the sale, Hydro remains the largest shareholder of Alunorte with 62 percent ownership.
  • Glencore owns 30 percent of Alunorte, while the remaining four minority shareholders collectively own 8 percent.

Stillwater Critical Minerals to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 5th

Retrieved on: 
Wednesday, November 29, 2023
Copper, Glencore, Platinum, Conference, Gold, Cobalt, Palladium, PGE, OTCQB, Rhodium, Nickel, Mining

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Stillwater Critical Minerals (OTCQB: PGEZF | TSX.V: PGE), focused on its district-scale battery and precious metals exploration project in Montana, USA, today announced that Michael Rowley, President & CEO, will present live at the Clean Energy and Precious Metals Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on December 5th.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Stillwater Critical Minerals (OTCQB: PGEZF | TSX.V: PGE), focused on its district-scale battery and precious metals exploration project in Montana, USA, today announced that Michael Rowley, President & CEO, will present live at the Clean Energy and Precious Metals Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on December 5th.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.