Monthly Archives: February 2016

Brazil’s Vale looks to sell $10 bln of assets after massive loss

By Stephen Eisenhammer Feb 25 Brazilian miner Vale SA put its prime assets on the block on Thursday after taking the biggest loss in decades, but analysts said the target to make $10 billion in 18 months was unrealistic and expressed concern a fire sale could destroy equity value. Chief Executive Murilo Ferreira said on a conference call there were “no restrictions” on what the company would consider selling in order to reduce net … Continue reading

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3D printed Graphene aerogels take shape | Chemistry World

The 3D printed graphene oxide aerogel is light enough to be balanced on a piece of cotton wool © Courtesy of Professor Dong Lin, Kansas State University and Chi Zhou, University at Buffalo, the State University of New York Aerogels are low density materials with a sponge-like structure that have a number of useful applications such as thermal and optical insulators. Researchers are particularly interested in graphene aerogels as they possess additional properties such … Continue reading

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Nano Dimension Announces New Collaboration with Tel Aviv University, Enabling 3D Printing of Sensors Using Nickel Nano- Particles

NESS ZIONA, Israel, Feb. 24, 2016 /PRNewswire/ — Nano Dimension, a leading printing electronics company in the area of 3D printing (TASE: NNDM, OTCQX: NNDMY), announced today that Nano Dimension Technologies, a fully owned subsidiary of Nano Dimension, has signed a collaboration agreement with Ramot at Tel Aviv University, under which a group of researchers headed by Professor Gil Markovich, head of the department of Chemistry at Tel Aviv University, will collaborate on the … Continue reading

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Oaktree, Creditors Reach Deal in Molycorp Bankruptcy

To divide equity or sale proceeds and avert prolonged litigation over rare-earths company By Peg Brickley Feb. 23, 2016 8:28 a.m. ET Junior and senior creditors have reached a deal that will speed the end of the bankruptcy of Molycorp, and give senior lender Oaktree Capital Management most of the value in the embattled rare-earths company. The deal averts prolonged litigation between junior creditors and Oaktree over loans to Molycorp, which was driven to … Continue reading

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Chile’s small-scale miners battling to stay afloat amid Copper rout

Like his father before him, Alberto Carrizo has worked in Chile’s copper mines since he was a teenager, supporting his family as prices for the metal boomed in recent decades. But as copper prices have slid to a more than six-year low, Carrizo and his colleagues laboring away at the countless smaller mines that pock mark the Atacama desert are finding the buckets of ore they spend all day digging from the ground are … Continue reading

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Indonesia May Ease Ban on Nickel ore, Bauxite Exports: Energy Minister

Jakarta. Indonesia may ease its ban on exports of unprocessed minerals, including nickel and bauxite, as the country undertakes a review of its mining policy this year given weak global commodity markets, the energy minister said on Friday. Indonesia banned metal ore shipments in early 2014 to encourage firms to build smelters and shift exports from raw materials to higher-value finished metals. But the ban cost the country, the world’s top nickel ore exporter … Continue reading

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DOE Releases RFI on Critical Materials, Including Fuel Cell Platinum Group Metal Catalysts

The U.S. Department of Energy (DOE) has released a Request for Information (RFI) on critical materials in the energy sector, including fuel cell platinum group metal catalysts. The RFI is soliciting feedback from industry, academia, research laboratories, government agencies, and other stakeholders on issues related to the demand, supply, opportunities for developing substitutes, and potential for using materials more efficiently in the energy sector. For DOE, critical materials are both important to energy technologies … Continue reading

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Brazil’s Vale reports record Iron ore and Nickel output

By Jeb Blount Feb 18 Brazilian miner Vale SA produced record amounts of iron ore, nickel, copper, cobalt and gold as it battled a slump in global metals prices by boosting output in search of greater market share. Fourth-quarter iron ore production rose 2.4 percent year on year to 88.4 million tonnes, its largest ever fourth-quarter total, the company said on Thursday. Vale iron ore output faces seasonal swings as the level of rain … Continue reading

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India to auction at least three Gold mines this year

NEW DELHI: India is planning to auction at least three gold mines in 2016, a top government official said, opening up the sector to private firms for the first time ever in a bid to slash imports of the metal that cost the government $36 billion last year. Economically crippling shipments of up to 1,000 tonnes of gold, accounting for about a quarter of India’s annual trade deficit, have already prompted the government to … Continue reading

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Sherritt’s Madagascar unit says new tax rules prevent Nickel shipments

The Madagascan arm of Sherritt International said on Thursday containers carrying nickel had been prevented from leaving the island’s Toamasina port due to new regulations, and unless the situation changed the mine could only stay open for a week. The $7-billion Ambatovy mining project, 40 per cent owned and operated by Sherritt, has been hit by record low nickel prices and management has been forced to lay off more than 1,000 of its work … Continue reading

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