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09.05.2022
Akobo Minerals reaches fundamental Milestone on the Way to Gold Production
Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has reached an agreement with the South African company Solo Resources (Pty) Ltd for delivery of a processing plant for production of gold at the Segele Mine.
06.05.2022
Klemens Haselsteiner appointed new CEO of Strabag SE
Effective 1 January 2023, the publicly listed construction technology group Strabag will be led by a new CEO, as Klemens Haselsteiner succeeds Thomas Birtel, who will be stepping down as CEO after ten years at the helm upon reaching the specified age limit.
06.05.2022
Cimic´s CPB selected for M12 western Package in Australia
Cimic Group company CPB Contractors, as part of a joint venture, has been selected by the NSW Government to deliver the western section of the M12 Motorway.
 | Market-Place-4.0 Glencore plc Li-Cycle Holdings |
06.05.2022
Glencore and Li-Cycle announce innovative Partnership to advance Circularity in Battery Raw Material Supply Chains
Glencore announces the establishment of a strategic partnership with Li-Cycle Holdings Corp., a leading lithium-ion battery recycler in North America. Glencore will subscribe for convertible debt in Li-Cycle and Li-Cycle will become a preferred partner for Glencore in the lithium-ion battery recycling sector.
The key commercial arrangements underpinning this strategic partnership will be entered into in connection with the closing of the subscription and will include:
- procuring feedstock for Li-Cycle Spoke facilities and black mass for Li-Cycle’s Hub facilities;
- offtake of black mass from Li-Cycle’s Spoke facilities;
- offtake of battery usable end products produced by Li-Cycle;
- offtake of by-products from Li-Cycle’s facilities; and
- supplying Li-Cycle’s sulfuric acid requirements for its Hub facilities.
Glencore has been working on establishing regional platforms across the world to localise battery raw material supply chains within key regions in a scalable and sustainable manner, enabling a set of key partners to connect to these platforms and sees Li-Cycle as a key strategic partner in this effort.
With the addition of this strategic partnership with Li-Cycle, Glencore will seek to combine primary and recycled battery raw materials to produce battery grade end products. This will enable auto manufacturers to meet their EV ambitions while also being able to meet key regulatory directives related to battery raw materials. This will be facilitated through the localisation of supply chains and increasing recycled content in battery raw materials over time.
In Europe, Glencore will work to assess the feasibility of utilising our existing asset footprint with a view towards re-purposing some of our assets. This will reduce the lead time for achieving industrial scale production of battery grade end products.
Glencore will also explore, together with other appropriate supply chain partners, the production of precursor cathode active material (pCAM) in Europe and potentially North America.
Kunal Sinha, Head of Recycling at Glencore, said: “We are excited to announce this new strategic partnership with Li-Cycle. We both believe that battery recycling will form a key part of the energy transition. Our bold aim is to help support the creation of a genuinely circular economy that supplies recycled materials and minerals back into the battery supply chain.
“We are united in our ambition to further the energy and mobility transition. Glencore’s industry-leading Net Zero total emissions reduction strategy is supported by key investments such as this, which is also expected to complement our existing investments and relationships with key partners in the battery and EV space.”
Subject to the satisfaction of customary conditions precedent and entry into the key commercial agreements described above, which is expected in the second quarter of 2022, Glencore will subscribe for $200 million of convertible debt in Li-Cycle. If Glencore elects to convert during the conversion option period, Glencore would hold an approximate 10% equity stake in Li-Cycle.
Upon closing, Glencore will have the right to nominate one board member to the Li-Cycle board. Kunal Sinha will be nominated by Glencore.
Source: Glencore
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03.11.2023
Students from Freiberg University Mines Rescue and Mine-gas Protection Brigade highly placed at International Event
A team from Freiberg University of Mining and Technology has taken second place at this year’s MERD international mines rescue competition (Mine Emergency Rescue Development), which was held a...
03.11.2023
Long-term Monitoring of backfilled Salt Mines – a new wireless Rock-pressure Measuring System
Wired rock-pressure measuring systems are not rated as suitable for the long-term monitoring of abandoned salt mines as they are expensive, technically complex and lacking in functional reliability....
11.07.2023
Dare to recycle more!
Increased recycling of critical metals such as tungsten can make raw material supplies more secure and sustainable worldwide. To achieve this, closed value cycles should be established. Achieving th...
12.12.2023 - 13.12.2023
2nd International Congress and Exhibition - Mining of Uzbekistan and Central Asia
14.12.2023 - 15.12.2023
MINING WORLD CONGRESS 2023
14.12.2023 - 15.12.2023
GEOTEC HANOI 2023 – The 5th International Conference on Geotechnics for Sustainable Infrastructure Development
18.12.2023 - 19.12.2023
ICGGE 2023: 17. International Conference on Geotechnical and Geological Engineering
World’s longest Railway Tunnel Project – supported by innovative Conveyor Digitalisation and reliable Engineering
17. October 2022 (2003 Clicks)
The consortium BTC Brennero Tunnel Construction and the Hosch Group jointly delivered on a world-class tunnelling project by combining excellent engineering with the innovative remote monitoring system Hoschiris Discover.
RAG-Technikchronik - Buch 4: Technikentwicklung in der Logistik
27. December 2018 (13366 Clicks)
Das Buch 4 der Buchreihe „Dokumentation der technischen Entwicklung bei der RAG“ zeigt die Entwicklungen der vergangenen fünf Jahrzehnte im Bereich Logistik der RAG. Die Logistik unter Tage wurde durch die flächige Entwicklung des Steinkohlenbergbaus, z.B. durch Anschluss- oder Verbundbergwerke, und die Zunahme der Gewinnungsteufe vor erhebliche Herausforderungen gestellt.
27.11.2023 (562 Clicks)
Akobo Minerals celebrates historic milestone: hitting gold ore body at the Segele Mine
22.11.2023 (165 Clicks)
Start-up Northvolt develops state-of-the-art sodium-ion battery validated at 160 Wh per kg
