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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380
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Study on battery recycling in the EU: €9B needed by 2035, circular economy by 2040 seems unrealistic

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Shortly before the updated EU Battery Regulation comes into force, the chair “Production Engineering of E-Mobility Components” (PEM) of RWTH Aachen University has published a study on the European battery recycling market. billion for the annual processing of around 570,000 tons of battery material.

Battery 150
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BASF completes carve-out of mobile emissions catalysts and precious metals services businesses: ECMS

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BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). ECMS has global operations in 15 countries with more than 4,500 employees and 20 production sites. Earlier post.)

Emissions 150
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BASF and Heraeus to form JV in China to recover PGMs from spent automotive catalysts

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The founding of the legal entity is targeted in Q1 2022, following the approval of the relevant authorities. Recycling scrap materials, such as spent automotive catalytic converters, to recover PGMs, enable a circular economy. Heraeus Precious Metals is a leading provider of precious metals services and products.

China 199
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SunMirror AG to acquire Latitude 66 Cobalt

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Latitude 66’s most advanced mine development project is the fourth-largest known cobalt deposit in the European Union and the second-largest not yet in production. The expected purchase priceis €45 million, payable in cash on closing, and a 2% net smelter royalty on future production.

Finland 221
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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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Although during the 2010s Sri Lanka has one of the fastest growing economies in Asia, it has tumbled into the worst economic crisis since independence in 1948, with spiraling inflation, and shortages of food, fuel and medicine. K1 is Ceylon Graphite’s first exploration project and operates under the Sarcon Development legal umbrella.

Sri Lanka 417
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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

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In a speech on Tuesday at the National Automobile Dealers Association meeting in Washington, US Environmental Protection Agency (EPA) Administrator Andrew Wheeler outlined the Trump Administration’s thinking on national fuel economy standards and California. Earlier post.). —Andrew Wheeler.