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2.141 Posts
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  1. forum rang 10 voda 20 oktober 2021 08:08
    Rio Tinto’s Kemano T2 Hydropower Project Progressing

    Strategic Research Institute
    Published on :
    20 Oct, 2021, 6:30 am

    In a major milestone for Rio Tinto’s Kemano T2 hydropower project in British Columbia, the tunnel boring machine has broken through to complete its journey. The Kemano T2 Project is completing a second tunnel to carry water into the Kemano Powerhouse, to ensure the long-term reliability of the power supply for Rio Tinto’s BC Works smelter in Kitimat.

    The tunnel boring machine cut 7.6 kilometres through the rock in remote mountains over 30 months, completing the route for a 16 kilometre tunnel that was started in the early 1990s.

    The 1,300 tonne Herrenknecht tunnel boring machine is named tl’ughus by the Cheslatta Carrier Nation after a legendary giant monster snake and is decorated with artwork by Haisla Nation students. It is 190 metres long and more than six metres in diameter.

    The tunnel will be filled up with water in the middle of next year, with the project expected to be complete in the second half of 2022.
  2. forum rang 9 nine_inch_nerd 20 oktober 2021 09:33
    Sleeper

    EcoGraf graphite anode material outperforms industry benchmarks
    19 October 2021
    Battery anode material produced by EcoGraf (ASX: EGR) has outperformed international benchmarks during recent product qualification work, according to the company.

    The sustainably-produced HFfree battery anode material was tested as part of an extensive trial for a major battery anode material producer, which placed the effectiveness of the product up against reference material from existing manufacturers.

    This is considered to be a critical milestone for EcoGraf, which is in the process of finalising construction plans for its new state-of-the-art battery anode material facility in Kwinana Western Australia, fed by its Epanko Graphite Project in Tanzania.

    EcoGraf’s HFfree anode material outperforms competitors

    Preparation of the product sample involved completion of a large mechanical shaping program, using commercial-scale equipment in conjunction with a leading international equipment manufacturer. This was followed by HFfree purification through a pilot plant EcoGraf has established with one of Australia’s foremost mineral testing organisations.

    The company reports that its product sample outperformed against reference materials in half-cell electrochemical testing, and also satisfied the anode producer’s physical and chemical specifications.

    EcoGraf said that the results provide further confirmation of the effectiveness of its environmentally-superior EcoGraf processing technology to provide anode, battery and electric vehicle manufactures with high quality, sustainably-produced battery anode material.

    Vertical integration with local downstream processing

    The company’s new downstream production facility is anticipated to be the first of its type internationally, and will export spherical graphite products to rapidly-growing battery markets in Asia, Europe, and North America using a superior, environmentally-responsible HFfree purification technology.

    Rendering of EcoGraf's new state-of-the-art processing facility in Western Australia
    Rendering of EcoGraf’s new state-of-the-art processing facility in Western Australia. Source: EcoGraf Limited
    Commercial production at the plant will commence at 5,000tpa output at a capital cost of US$22.8 million, expanding to 20,000tpa with a further USD$49.2 million investment. A USD$35 million debt facility has been negotiated with the Australian government, as it looks to support Australian-based downstream processing capabilities to underpin the upcoming clean-energy revolution.

    Four years of pilot test work was completed in Germany to optimise processes and de-risk development, while pre-construction activities for the plant including engineering, permitting and environmental approvals are underway.
  3. forum rang 10 voda 5 november 2021 06:27
    Rio Tinto Pact for Bauxite & Tailings Processing Technologies

    Strategic Research Institute
    Published on :
    05 Nov, 2021, 5:32 am

    The Université du Québec à Chicoutimi and Rio Tinto announced that they have renewed their partnership for the next three years. In concrete terms, the company is investing more than $2 million over three years to continue R&D in bauxite and tailings processing technologies. This commitment marks the symbolic 25-year milestone of the partnership between the two organizations, specifically in the area of bauxite and tailings treatment technologies and alumina manufacturing.

    The scientific director of the partnership, researcher Guy Simard of the Centre Universitaire de Recherche sur l'Aluminium (CURAL), is very proud of this partnership that has been evolving over time: "Tomorrow's issues are the challenges of today's students and researchers. The close ties we have forged with Rio Tinto over the years have enabled us to work on research projects involving the reclamation of tailings, thus allowing us to immerse our students in the academic and industrial reality, while ensuring that we train a highly qualified new generation of researchers, in support of tomorrow's aluminium industry."

    In addition to ensuring the continuity of its collaboration until 2023, this partnership allows UQAC to strengthen its position and that of the region among the world leaders in aluminium research and development. According to Mohamed Bouazara, UQAC's Vice-Rector, Research, Creation, and Innovation: "A partnership like this guarantees a certain stability in the development of our aluminium research and helps maintain cutting-edge research infrastructures and laboratories equipped with the latest technology."
  4. forum rang 10 voda 6 november 2021 10:08
    BHP dichtbij deal over verkoop meerderheidsbelang kolenmijnen

    Door ABM Financial News op zaterdag 6 november 2021
    Views: 219

    (ABM FN-Dow Jones) BHP Group is dicht bij een deal om zijn meerderheidsbelang in twee metallurgische kolenmijnen te verkopen aan de Australische mijnbouwer Stanmore Resources voor ongeveer 1,25 miljard dollar. Dit meldden ingewijden zaterdag aan The Wall Street Journal.

    De deal zou in de komende dagen kunnen worden aangekondigd, ervan uitgaande dat de besprekingen in de tussentijd niet worden afgebroken, aldus de bronnen.

    BHP verkoopt een belang van 80 procent in BHP Mitsui Coal, of BMC, dat de kolenmijnen South Walker Creek en Poitrel exploiteert in het Australische Queensland. Het Japanse Mitsui bezit het resterende belang.

    De mijnen produceren metallurgische kolen, een belangrijk ingrediënt bij de productie van staal. BHP zette de mijnen ruim een jaar geleden in de etalage.

    Bron: ABM Financial News
  5. forum rang 10 voda 8 november 2021 07:37
    Rio Tinto & Carbfix Partner for Carbon Capture & Storage

    Strategic Research Institute
    Published on :
    08 Nov, 2021, 5:30 am

    Rio Tinto and Carbfix are partnering to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. Under a Memorandum of Understanding (MoU) for a strategic partnership, Carbfix will use Rio Tinto’s land surrounding the ISAL smelter for onshore CO2 injection in the world’s first carbon mineral storage hub, the Coda Terminal. Liquified CO2 will be imported by ship from industrial sites across North Europe for storage.

    With safe and economic carbon storage at its doorstep, Rio Tinto views ISAL as an ideal site to become the first smelter where carbon capture and storage is implemented in the aluminium industry. The companies will work together to advance carbon capture solutions that are already being tested in production cells at ISAL, with the aim of using the Carbfix technology to further decarbonise the plant.

    Carbfix plans to drill the first injection wells for the Coda Terminal in 2022, with shipments of CO2 starting in 2025.

    The Carbfix technology rapidly transforms CO2 injected into geological formations to solid carbonate minerals by accelerating natural processes. The only feedstock used is water, electricity and favourable bedrock such as the basalts surrounding the ISAL site in Iceland.

    Since 2014, Carbfix has captured more than 70,000 metric tonnes of carbon from a power plant in Iceland and permanently stored it. Recently, Carbfix commissioned the world’s largest direct air capture and CO2 storage system together with its partner Climeworks.
  6. forum rang 10 voda 8 november 2021 07:46
    SGS & Rio Tinto Partner for Critical Minerals in Southwest Montana

    Strategic Research Institute
    Published on :
    08 Nov, 2021, 5:30 am

    A new partnership between the US Geological Survey, the science agency for the US Department of the Interior, and Rio Tinto, a leading mining and metals company, will provide a clearer picture of the potential for critical mineral resources beneath the Continental Divide near Montana’s Boulder Batholith. The USGS will fly airborne geophysical surveys in areas of interest with support from Rio Tinto during 2022 as part of its Earth Mapping Resources Initiative (Earth MRI). This is the first time the USGS has partnered with a resources company for the Earth MRI program, allowing it to double the area being surveyed in Southwest Montana.

    Recent studies by the USGS Earth Mapping Resources Initiative have identified the Boulder Batholith region as having conditions that look favorable for hosting several critical mineral resources, such as rare earth elements, tellurium, tin, tungsten as well as copper, molybdenum, and gold.

    The region is well-known for its mineral potential. Previous mining efforts have yielded significant quantities of copper, gold, lead, silver and zinc, as well as other metals.

    The new airborne magnetic and radiometric surveys will provide geoscientists with new insights to help interpret regional geologic structures and rock formations concealed beneath the rugged landscape, allowing for a deeper and novel understanding of the complex regional geology of southwestern Montana.

    The goal of the Earth MRI program is to improve our knowledge of the geologic framework in the United States and to identify areas that may have the potential to contain undiscovered critical mineral resources. Information acquired through this initiative could also advance our understanding of other economically valuable mineral resources (such as copper, zinc, gold, and industrial minerals), energy and groundwater resources, and geologic hazards.

    Data collected through this partnership will be made publicly available through the Earth Mapping Resources Initiative website.
  7. forum rang 10 voda 8 november 2021 08:11
    Rio Tinto’s Rare Argyle Blue Diamonds Sold in Record Bid

    Strategic Research Institute
    Published on :
    05 Nov, 2021, 9:18 am

    Rio Tinto’s entire 2021 Once in a Blue Moon Tender collection of 41 lots of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy coloured diamond specialist, Kunming Diamonds. Kunming Diamonds’ history making global bid for the 24.88 carats of final “beyond rare” blue jewels from the East Kimberley region of Western Australia is a significant moment in the history of the Argyle mine and the coloured diamond industry.

    The Argyle mine sporadically produced small blue and violet diamonds in a beautiful array of shades and with the closure of Argyle it is extremely unlikely that there will ever be another collective offering of iconic gems in this colour spectrum from a single mine.

    Over the past decade Kunming Diamonds has worked closely with Argyle, becoming an Authorised Partner™ for Argyle Pink Diamonds™ and growing its global expertise in certified fancy coloured diamonds.

    Almost the entire world’s supply of rare pink, red, blue and violet diamonds come from Rio Tinto’s Argyle Diamond Mine which ceased production on 3 November, 2020. With 37 years of Argyle pink diamond production in global markets Rio Tinto has made the decision to maintain and manage the Argyle Pink Diamonds™ brand through secondary market platforms, certification processes and creative collaborations with our trusted partners.

    In addition to owning the Argyle Pink Diamonds™ brand Rio Tinto is the majority owner and operator of the Diavik diamond mine in the Northwest Territories of Canada and has signed an exploration joint venture agreement with Endiama, the national diamond mining company of Angola, to evaluate the Chiri kimberlite in the Lunda Sul Province of Angola.
  8. forum rang 10 voda 9 november 2021 08:43
    Rio Tinto, BHP & Fortescue to Create Safer Workplaces

    Strategic Research Institute
    Published on :
    09 Nov, 2021, 5:30 am

    Rio Tinto, BHP and Fortescue Metals Group have agreed to partner and fund innovative, industry-first learning programs as part of a continued commitment towards mining sector workplaces that are free from sexual harassment, bullying and racism. Through this partnership, Rio Tinto, BHP and Fortescue will fund and contribute to the design, build and implementation of new social awareness education packages for deployment through a range of education providers such as TAFE, Registered Training Organisations, universities and high schools.

    By starting conversations on these vital topics through education providers, the industry can make an important contribution to raise awareness of social wellbeing and related behaviours for the benefit of all Western Australians.

    The collaboration partners will invite leading experts in social wellbeing to form part of a working group bringing together government, community, industry and educators across TAFE, RTOs, universities and high schools in Western Australia to design and implement the program.

    A pilot program for TAFE students will be developed through South Metropolitan TAFE. The pilot, to be developed in 2022, will form part of core learning requirements for students who may be planning to join Rio Tinto, BHP or Fortescue. South Metropolitan TAFE will go on to share this education package through the broader WA TAFE network.

    The partnership will also explore the potential to work with universities and high schools to encompass broader education pathways across the State, as well as for delivery in workplaces. In time, these packages will be made available for application across broader industries and across other parts of Australia.

    The education program is one of a number of initiatives introduced by mining companies to address sexual harassment, bullying and racism in WA’s mining sector.

    All three companies joined with the Chamber of Minerals and Energy earlier this year to pledge support for the parliamentary inquiry into sexual harassment against women in the FIFO mining industry and committed to work together to eradicate these behaviours from the sector.
  9. forum rang 10 voda 10 november 2021 09:02
    Rio Tinto to Strengthen Performance &, Decarbonize

    Strategic Research Institute
    Published on :
    10 Nov, 2021, 5:30 am

    Rio Tinto is outlining the actions being taken to strengthen the business and improve performance. It is also unveiling a longer-term strategy to ensure it thrives in a decarbonising world and continues to deliver attractive shareholder returns, in line with its policy. The deployment of the Rio Tinto Safe Production System is underway to ensure the Group regains its position as Best Operator. The Group is combining systematic long-term programmes with rapid improvement activities targeted at bottlenecks in order to reduce operational variability and increase resilience.

    Governments are setting more ambitious targets and accelerating actions on climate change. Society at large is also demanding companies take more action to decarbonise. To meet the challenge, stay relevant and capture the opportunity Rio Tinto is raising its ambition and taking actions.

    The Group is unveiling a new target to reduce its Scope 1 & 2 carbon emissions by 50 per cent by 2030, more than tripling its previous target. A 15 per cent reduction in emissions is now targeted for 2025, five years earlier than previously. These targets are supported by around $7.5 billion of direct investments to lower emissions between 2022 and 2030.

    In recognition of the broader carbon footprint of the commodities it produces, Rio Tinto will accelerate its investment in R&D and development of technologies that enable its customers to decarbonise. Working in partnership with governments, suppliers, customers, academia and others Rio Tinto will continue to develop technologies like ELYSISTM for carbon-free aluminium and multiple pathways to produce green steel.

    To meet additional demand created by the global drive to net zero emissions, Rio Tinto will prioritise growth capital in commodities vital for this transition with an ambition to double growth capex to about $3 billion a year from 2023.

    Rio Tinto can decarbonise, pursue growth and continue to deliver attractive returns to shareholders due to its strong balance sheet, world-class assets and focus on capital discipline.
  10. forum rang 10 voda 10 november 2021 09:05
    BHP Divests Stake in BHP Mitsui Coal to Stanmore Resources

    Strategic Research Institute
    Published on :
    10 Nov, 2021, 5:33 am

    BHP announced that it has signed a Share Sale and Purchase Agreement to divest its 80% interest in BHP Mitsui Coal, an operated metallurgical coal joint venture in Queensland. Stanmore SMC Holdings Pty Ltd, a wholly owned subsidiary of Stanmore Resources Limited, has agreed to acquire 100 per cent of the shares in Dampier Coal (Queensland) Pty Ltd from BHP Minerals Pty Ltd, the subsidiary which holds BHP’s interest in BMC, for cash consideration of up to USD 1.35 billion. The purchase price comprises USD 1.1 billion cash on completion, USD 100 million in cash six months after completion and the potential for up to USD 150 million in a price-linked earnout payable in the 2024 calendar year. Excluding the price-linked earnout, this represents an Enterprise Value/EBITDA multiple of 6.9x1.

    The sale is subject to the satisfaction of certain conditions, including customary competition and regulatory approvals. This includes approval from the Foreign Investment Review Board. Stanmore Resources has agreed to a break fee payable where certain conditions are not satisfied.

    Stanmore Resources would assume economic and operating control of BMC on completion of the sale, including its share of all current and future liabilities of BMC subject to certain limited exceptions. Completion is expected to occur in the middle of the 2022 calendar year.

    BHP will continue to operate BMC until completion and work closely with Stanmore Resources to ensure a successful transition of ownership. BHP will provide certain transitional services to Stanmore Resources for a short period of time after completion.

    BHP Mitsui Coal comprises the Poitrel and South Walker Creek operations, Red Mountain Infrastructure and the Wards Well development in Queensland, Australia. BHP Group Limited operates BMC as part of an 80:20 joint venture with Mitsui.
  11. forum rang 10 voda 11 november 2021 07:36
    Mr Peter Toth to Leave Rio Tinto

    Strategic Research Institute
    Published on :
    11 Nov, 2021, 5:30 am

    Mr Peter Toth, Group executive, Strategy and Development, has accepted a new position outside of Rio Tinto. Peter has stepped down from the Group’s executive committee with immediate effect and his responsibilities will be divided between current executives. He will remain in an advisory role until the end of 2021 and leave the company on 5 April 2022.

    Rio Tinto Chief Executive Jakob Stausholm said “During Peter’s seven years with Rio Tinto, he has played a key role in shaping our corporate strategy, executing our portfolio restructure, and guiding our approach to climate change. We thank him for his contribution and wish him every success for the future.”

    Mr Toth holds a Bachelor of Business degree from Monash University, a Graduate Certificate in Management from Deakin University and a Master of International Business degree from the University of Melbourne, in addition to executive development programs at INSEAD, Stanford and Oxford University.
  12. forum rang 10 voda 15 november 2021 06:57
    Vale & Baowu Steel Sign MoU for Decarbonization

    Strategic Research Institute
    Published on :
    15 Nov, 2021, 5:35 am

    Vale has signed a Memorandum of Understanding with China Baowu Steel Group Corporation Limited in which both agreed to pursue opportunities to develop steelmaking solutions focused on reducing greenhouse gas emissions. The MoU comprises the discussion to produce biochar and use it in blast furnaces in order to consume a carbon neutral material based on biomass instead of fossil energy. The MoU also intends to discuss a possible investment by Vale into China Baowu’s pilot biochar plant project, with an indicative amount ranging from sixty to seventy million renminbi.

    This initiative contributes to achieving Vale’s commitment to reduce 15% of net Scope 3 emissions by 2035. Additionally, Vale seeks to reduce its absolute Scope 1 and 2 emissions by 33% by 2030 and achieve neutrality by 2050, in line with the Paris Agreement, leading the evolution process towards low carbon mining.

    China Baowu is the world’s biggest steel producer with around 115 million tonnes crude steel production in 2020 on a consolidated basis.
  13. forum rang 10 voda 15 november 2021 07:09
    Vale & XCMG Machinery Sign Pact for Zero Emission Equipment

    Strategic Research Institute
    Published on :
    15 Nov, 2021, 5:30 am

    Vale has signed a Memorandum of Understanding with XCMG Construction Machinery Limited, a subsidiary of Xuzhou Construction Machinery Group Co Ltd which is China's largest machinery manufacturer, for the potential supply of mining and infrastructure equipment, including zero-emission and autonomous equipment. According to the MoU, prototypes of the equipment including two electrical battery-powered mining haul trucks up to 72t with zero emission will be delivered to Vale to be tested in its operations in Minas Gerais in Brazil and Indonesia in the first half of 2022. Another electrical truck up to 240t with zero emission will also be tested in a date to be defined.

    This initiative is in line with Vale's goal of reducing its carbon emissions of scope 1 and 2 by 33% by 2030 and achieving net zero emissions by 2050 and reinforces our ambition to lead the road to low carbon mining.
  14. forum rang 10 voda 17 november 2021 07:16
    Vale & BNDES to Invest in Forest Recovery

    Strategic Research Institute
    Published on :
    17 Nov, 2021, 5:30 am

    By means of Fundo Vale, Vale joined the Living Forest Initiative, a project by the National Bank for Economic and Social Development BNDES in Glasgow. The purpose is to provide financial support to forest restoration projects with native species and agroforestry systems in the different biomes of the Brazilian territory. The funding will be providing by means of matchfunding, a financing model which combines non-refundable resources of BNDES with those of other supporting institutions. In its first phase, there will be at least R$ 140 million available for the Living Forest Initiative — 50% of which from the Bank, and this may reach R$ 500 million at the end of the second phase.The project will be developed along seven years and the expectation is to reforest between 16 thousand and 33 thousand hectares with native species and biodiversity, considering that around 9 million tons of CO2 equivalent can be captured.

    The Living Forest Initiative was released by the president of BNDES Gustavo Montezano during an event organized by the Ministry of the Environment Espaço Brasil in the convention center where COP-26 is held in Glasgow, Scotland. “We believe in initiatives like that, because it has clear potential to leverage resources for the forestry agenda, driving solutions of positive social-environmental impact, which strengthen sustainable, fair and inclusive economy”, Vale´s executive vice Institutional Relations and Communication president Luiz Eduardo Osorio, who attended the event, confirmed.

    Fundo Vale will join with R$ 5 million and there will be a counterpart of the same amount made by the bank. “The Living Forest Initiative matches the forest agenda of Fundo Vale, which has been operating in the Brazilian biomes for more than 10 years, especially in the Amazon, by means of innovative agreements with partners, with special attention to the entrepreneurs in businesses with social-environmental impact”, the director of Fundo Vale Patrícia Daros explains. Among other responsibilities, the Fund is responsible for the implementation of Vale's forestry target, which provides recovery and protection of 500,000 hectares of forests by 2030. Today, the company is already helping to protect 1 million hectares around the world, 800,000 of which are in the Amazon – an area equivalent to five times the city of São Paulo.

    To make the initiative feasible, BNDES spoke with more than 40 companies. Among these organizations, in addition to Vale, Petrobras, Coopercitrus, Heineken Group, Itaipu Binacional — in partnership with the Government of the State of Mato Grosso do Sul — and Philip Morris Brazil have already confirmed their participation.
  15. forum rang 10 voda 18 november 2021 07:41
    BHP Extends Offer for Wyloo Metals

    Strategic Research Institute
    Published on :
    18 Nov, 2021, 5:30 am

    BHP Lonsdale Investments Pty Ltd announced that it is progressing discussions with Wyloo Metals Pty Ltd regarding its potential support of BHP’s CAD 0.75 per share offer to acquire Noront Resources Ltd.. To allow more time for those discussions to progress, BHP is extending the expiry of its to November 30, 2021. The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.

    BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between BHP and Wyloo Metals.
  16. forum rang 10 voda 22 november 2021 06:49
    Rio Tinto to Increase LC AP60 Aluminium Production in Canada

    Strategic Research Institute
    Published on :
    22 Nov, 2021, 5:30 am

    Rio Tinto is investing USD 87 million to increase its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will increase production at the smelter by around 45 per cent, or 26,500 metric tonnes of primary aluminium per year, to a capacity of 86,500 metric tonnes and provide a secure future for approximately 100 employees who work at the facility.

    Rio Tinto projects that the global aluminium market will grow at an average rate of 3.3% per annum over the next decade with strong demand driven by the energy transition and decarbonisation.

    The new pots will be built in the existing building of the Complex Jonquière’s AP60 technology centre, which currently has 38 pots. Work will begin in the spring of 2022 and is expected to be completed by the end of 2023. At the same time, Rio Tinto will study the potential to add more AP60 cells at the site.

    The AP60 technology was developed by Rio Tinto's research and development teams, including the Arvida Research and Development Centre, and generates seven times less greenhouse gases than the industry average. Since their commissioning in Saguenay in 2013, the initial AP60 technology pots have produced more than 465,000 tonnes of low-carbon aluminium.
2.141 Posts
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