04 September 2024
04 September 2024
As global demand for critical materials rises and the geology workforce shrinks, AI technology has risen to the challenge of processing reams of geological data for mining companies.
The measure is designed to support domestic critical minerals projects and reduce reliance on China.
Canadian mining giant Teck Resources is restructuring its regional business divisions and selling units to transition into a company focused on energy transition metals.
Sandvik will commence delivery of the systems for Stage 2 of the Jansen Potash Project in 2028 and continue into 2029.
The company is in a joint partnership with Chinese miner Hainan.
The move grants AR3 full interest in EL 7001 and EL 7003, alongside the recently granted EL 7005.
Tianqi registered a net loss of 5.2bn yuan ($734m) in the first half of 2024 (H1 2024), down from a profit of 6.45bn yuan in H1 2023.
The Tocantinzinho project is expected to produce an average of 174,700oz of gold annually.
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