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Home2024February

Month: February 2024

Copper
Rare Earth Minerals

Copper price rises on China’s support measures

February 6, 2024 Stu Turley

  Copper prices rose for the first time in five sessions on Tuesday, buoyed by the efforts of China to stabilize its markets as well as a weaker dollar and a drop in LME inventories. […]

South Star
Rare Earth Minerals

South Star receives environmental permits for Brazil graphite mine expansion

February 6, 2024 Stu Turley

  South Star Battery Metals (TSXV: STS) has received environmental approval for Phases 2 and 3 for its Santa Cruz graphite mine in Brazil, allowing the company to produce up to 50,000 tonnes of natural […]

Cornell
Rare Earth Minerals

Cornell researchers figure out how to produce extra-pure nickelates

February 6, 2024 Stu Turley

  Researchers at Cornell University have developed a new synthesis method that produces nickelates that are so pure, that they are free of the flaws that had tainted previous studies of nickelates. In recent years, […]

Angola’s
Rare Earth Minerals

De Beers expands presence in Angola’s diamond sector

February 6, 2024 Stu Turley

  De Beers, the world’s largest diamond producer by volume, has inked a series of agreements with the Angolan government, including one with state-owned diamond miner Endiama, covering processing and exploration prospects. The pacts between the […]

Piedmont Lithium
Rare Earth Minerals

Piedmont Lithium cuts 27% of workforce as prices plunge

February 6, 2024 Stu Turley

  Piedmont Lithium (NASDAQ, ASX: PLL) said on Tuesday it had laid off 27% of its workforce as a sharp downturn in the lithium market is forcing miners to cut production and look for cost-cutting […]

VLCC
Crude Oil News

Vietnam’s VLCC fleet grows

February 6, 2024 Mariel Alumit

AsiaTankers Johnnie / MarineTraffic Greece’s Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag. At the end of last year, Evangelos Marinakis quietly sold a 14-year-old Universal-built mammoth […]

GEFO
Downstream

GEFO orders 10 chemical tankers

February 6, 2024 Mariel Alumit

EuropeTankers GEFO German owner GEFO is expanding its fleet with an order for 10 stainless steel chemical tankers at the Xiangyu shipyard in Nantong, China. A three-digit million-dollar sum will see the 3,850 dwt ships […]

Ship
Geopolitical

Ship damaged as ceasefire talks are discussed around the Middle East

February 6, 2024 Mariel Alumit

A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just after midnight. According to security consultant Ambrey, the ship incurred minor damage on its port […]

Hamburg
International News

Inland cargo ship sinks in port of Hamburg

February 6, 2024 Mariel Alumit

Hamburg Port Authority An inland waterway ship carrying 3,500 litres of diesel and 1,400 tonnes of potassium chloride has sunk in Hamburg. At the time of the incident, the 80-meter-long ship was moored to the […]

UK
Electrical Generation / Utilities

Upcoming UK Power Capacity Auction Could Set Record Prices

February 6, 2024 Mariel Alumit

This month’s capacity market auction in the UK – designed to pay power producers to provide additional capacity to the grid in times of high demand – could fetch record-high clearing prices for the 2027-2028 […]

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