Latin America accounts for 40% of global production of copper, led by Chile (27%), Peru (10%) and Mexico (3%). The region's share of global reserves is largely similar to its share of production, although Mexico and Colombia have untapped potential.
Results from six drill holes released on Mar. 20 included a 14-metre interval of massive sulphide grading 3.13% copper, 0.79 gram gold per tonne, 4.02% zinc and 27.9 grams silver per tonne (4.4% ...
This asset covers a 6-sq.-km area hosting an ionic clay deposit rich in heavy rare earths, with measured and indicated resources totalling 27.5 million tonnes grading 2,292 parts per million total ...
Transporting workers and heavy machinery can be a challenge for any mine, but there's one part of the world where mining has a whole other level of complexity: an elevation of more than 4,000 ...
Chile wants to have three or four new lithium projects operational by 2026, according to the nation's Minister of Finance, Mario Marcel. Last year, the South American country, the world's largest producer of copper and second-largest producer of lithium, launched its National Strategy for Lithium. Under the strategy, the National Lithium …
The Salares Norte project, which had been held back by Covid-19 and severe weather, is expected produce its first 1,000 ounces next month and 400,000-430,000 ounces in 2024, the Johannesburg-based ...
The four largest indigenous communities in Chile's Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the ...
The mining industry in Chile, the world's top copper producer and second-largest lithium producer, will need more than 34,000 new workers by 2032, according to a study released this week.
Helped by a sharp recovery in copper prices, the miner has been considering for months to grow its business beyond Chile, where it has majority stakes in four copper mines — Los Pelambres (60% ...
In Chile's Atacama salt flats, mining consumes, contaminates and diverts scarce water resources away from local communities. Approximately 2.2 million litres of water is needed to produce one ...
With its pilot plant in Concepción, Chile, Aclara Resources is pioneering the sustainable mining of heavy rare earth mineral resources in South America. Credit: Aclara Resources. 02 September 2024. As the …
Mina Justa – held by Minsur joint venture – represents one of the world's newest copper mines, entering production in 2021 with a capital investment of approximately $1.6 billion.
Aclara is positioned to become the sustainable rare earths supplier of choice for the clean energy revolution. Our patented Circular Mineral Harvesting process promotes the extraction of rare earths in a sustainable way.
Located in the Bio-Bio region of Chile, the Penco module covers a 6-sq.-km area hosting an ionic clay deposit rich in heavy rare earths, with measured and indicated resources totalling 27.5 ...
Currently China continues to dominate the rare earth market, producing about 90% of the elements that are vital in the creation of a big variety of electronic technologies including lithium car ...
Chile Mining and Rare Earth Elements. In the last decade, geochemical studies found that rare earth elements (REE) and other rare chemical elements present in tailings deposits, which are crucial for production of electric vehicles, batteries, and renewable energy systems.
The Penco module covers a 6 sq. km. area hosting an ionic clay deposit rich in heavy rare earths, with measured and indicated resources totalling 27.5 million tonnes grading 2,292 parts per ...
Rare Earth; Coal; Uranium; Cobalt; ... Chile is No. 1, and Peru remains second for shipments. ... which has registered some 86,800 permits for artisan miners throughout Peru, claims that illegal ...
The following year, Mitsui Mining & Smelting offloaded its 0.97% stake in the Collahuasi copper mine in Chile to its parent company, Japanese trading firm Mitsui & Co, Mining Technology said. As ...
It would also boost its presence in the world's top copper producing countries, Chile and Peru, as with the acquisition of Anglo American, BHP would gain access to four of the world's largest ...
For every ton of rare earth produced, the mining process yields 13kg of dust, 9,600-12,000 cubic meters of waste gas, 75 cubic meters of wastewater, and one ton of radioactive residue. This stems from the fact that rare earth element ores have metals that, when mixed with leaching pond chemicals, contaminate air, water, and soil.
Rare Earth; Coal; Uranium; Cobalt; ... the four companies were responsible for 42.7% of the mining investments in Peru in 2022. ... Peru is the world's second-largest copper producer after Chile
Hochschild Mining said it would spin out and list its Chilean rare earth deposit, saying the business needed new capital to become a supplier to the clean energy industry.
U.S.-based rare earth explorer RioSol and its Peruvian mining arm Compañía Minera Rio Sol said Tuesday studies carried out at its recently unveiled rare earth element and poly-metallic claim...
The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) works with over 75 governments to strengthen their legal and policy frameworks to promote good …
Normally, China is dominating the market, but because of the trade war it has prohibited the sale of rare earth elements to US companies, creating an opening for Chile's industry.
Linked to the Peruvian Hochschild group and listed on the Toronto Stock Exchange, it would be one of the few operations to extract rare-earth elements outside of China. The project to extract rare-earth elements in Penco has changed name, owners, strategy and scope.
Copper output in Peru, the world's second largest producer after Chile, increased almost 7% to 2.3 million tonnes in 2021 despite several protests that paralyzed some of the country's key ...
In California, MP Materials' Mountain Pass mine represents the only rare earth mining site in North America and the largest producer of REEs in the Western Hemisphere, constituting 15 percent of the world's production. Increased exploration, mining, and processing efforts at home not only contribute to U.S. mineral security but …
Additionally, the company's copper assets in Chile and Peru are major contributors to global copper supply. ... which is the only rare earth mining and processing site in North America. The mine ...
Peru's mining chamber lambasted on Monday a government proposal to raise taxes on the sector by at least 3 percentage points, saying it would put more than $50 billion in future investments at ...
The copper price catapulted to a record high of $4.762 per pound ($10,476 a tonne) in 2021 as top consumer China staged an economic rebound and exchange inventories hit a 47-year low.
In this article, we will take a look at the 14 best rare earth stocks and ETFs. To see more such companies, go directly to 5 Best Rare Earth Stocks and ETFs. Rare earth metals industry sees a lot ...
In 2023, India became the second biggest buyer of Peru's gold and it should invest in new gold mining projects in the South American country. Reuters | August 24, 2024 | 4:02 pm Scramble for ...