On August 18, Aramco and Maaden signed a shareholders’ agreement to form a Joint Venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in the Kingdom of Saudi Arabia. The JV would focus on copper and other minerals critical to the energy transition.
The JV is expected to be owned 51% by
On August 12, the European Commission announced that the new End-of-Life Vehicles (ELV) Regulation enters into force on August 13, 2026. The rule will govern the design, production, collection, and end-of-life treatment of vehicles. It will increase the recovery and reuse of valuable materials. They will also help se
On June 3, Hindustan Copper Limited awarded Lohum Cleantech the rights to restart, upgrade, and maintain the Gujarat Copper Project at Jhagadia under a 20-year revenue-sharing agreement, extendable by five years. The facility has a capacity of 50,000 tonnes per annum and will produce 99.9997% pure Grade-A copper cath
On June 1, U.S. President Trump signed a proclamation amending his Section 232 national security tariffs on some aluminum, steel and copper imports. The proclamation:
Adjusts the tariffs on agricultural equipment, like combines and harvesters, as well as other equipment, like residential heating, air conditioning and
On December 12, the European Commission welcomed a provisional agreement between the European Parliament and the Council on new rules for end-of-life vehicles (ELVs). The regulation covers how vehicles are designed, produced, and recycled at the end of their life. Better collection, dismantling, and recycling will he
On November 6, Redwood Materials announced that it was bringing operations online at its South Carolina campus, adding an initial 20,000 metric tons of annual materials production.
Operations of recovering critical minerals on the 600-acre campus in Berkeley County is a start toward what will become one of the world
On October 9, BASF announced that Chemetall, the global surface treatment business unit of BASF Coatings, introduced the first chromium-free and fluoride-free passivation technology for copper foils, Gardolene D. It enhances battery performance, is more sustainable. It is fully compliant with the European Union’s new
On August 21, Mercedes Benz and TSR Group GmbH & Co. KG announced that they are expanding their 2024 partnership with an “urban mining” pilot project to recycle end-of-life vehicles. The goal is to recover high-quality raw materials and reuse them in new Mercedes-Benz cars.
Starting in summer 2025, vehicles in northw
Hudbay Minerals has entered into an agreement with Mitsubishi Corporation, which will invest USD 600 million in a 30% joint venture interest in Hudbay’s Copper World project in Arizona. The investment will fund development of the first phase of the project, expected to produce significant copper over its lifespan. Hu
On July 30, U.S. President Trump signed an order imposing a universal 50% tariff on copper imports that goes into effect on August 1. The administration frames it as a national security issue as copper is used in a range of defense systems, including aircraft, ground vehicles, ships, submarines, missiles, and ammunit
On July 8, President Trump said at a Cabinet meeting at the White House that he will impose a 50% tariff on copper imports and suggested more steep sector-specific duties are coming.
“Today, we’re doing copper,” Trump said at the Cabinet meeting. “I believe the tariff on copper, we’re going to make it 50%.” He did no
On February 25, President Donald Trump signing the executive order directing the government to consider possible tariffs on copper, the latest move by the White House to tax a wide array of imports and reshape global trade.
White House trade adviser Peter Navarro portrayed the move as an effort to stop China’s build
Several South Korean media sources reported that Solus Advanced Materials Co., Ltd. announced it will receive an investment subsidy of KRW 150 billion (JPY 16.5 billion) for its electric vehicle (EV) battery copper foil plant now under construction in Quebec, Canada. Volta Energy Solutions Canada, a subsidiary of Sol
On September 30, 2024, the Indonesia Battery Corporation (IBC) (PT Industri Baterai Indonesia) signed a Memorandum of Understanding (MoU) with Nuode Investment Co., Ltd. (Nuode) and China Hualong International Construction Corporation (SINORON) on the development of a new energy material ecosystem for batteries.
This
On September 6, multiple sources reported that Saudi Industry and Mineral Resources met with several Chinese lithium and copper mining companies. He discussed the processing and production of lithium, which is used in electric vehicle batteries, and the processing and refining of copper. He also discussed Saudi Arabi
South Korea’s Lotte Energy Materials Corporation announced that it had developed nickel-plated copper foil for solid-state batteries.
This product can be customized to meet clients’ needs in terms of nickel thickness and copper foil strength. The nickel surface treatment improves its adhesion to active materials and
Several South Korean media sources reported that Lotte Energy Materials Corporation will participate in the InterBattery 2024 in Munich, Germany, for three days from June 19, 2024.
The South Korean company will unveil its high-end copper foil, which has super-ultra-thin, high-tensile, and high-stretch, properties. It
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