Metals & Mining News 20 results

Deep Sea Mining: The Next Frontier

For decades those in search of oil have gone far offshore to harvest the natural resource, however mining in deep waters was still out of reach. A treasure trove of minerals lies beneath the ocean waves but environmental concerns and technology constraints kept them at arm's length. Now businesses are beginning to take the leap forward and investigate the true potential of deep sea mining and it ...

The First “Clean Coal” Facility Opens in The United States

The United States opened its first, large scale “clean coal” facility on Tuesday. NRG Energy, Inc. and JX Nippon Oil & Gas Exploration Corporation have finally completed construction, on-budget and on-schedule, of Petra Nova. This marks the world’s largest post-combustion carbon capture system and it could have an impressive impact on the industry and the world. “Completion of the ...

Automation and Self-Driving Technology: Revolutionizing Australian Mining

Self-driving trucks may be a new concept on the roads in the United States but this technology is already revolutionizing the mining industry in Australia. One mining company has broken the mold, making use of autonomous hauling vehicles to improve their operation. Rio Tinto has 73 of these incredible and innovative vehicles. Hauling iron ore for 24 hours a day at four mines in the northwest ...

MINExpo 2016 Showcases Some Amazing Technology: Innovative Autonomous Haulage Vehicle

When autonomous vehicle technology is mentioned, the first thing that comes to mind may be Tesla's auto-pilot feature or highway-safety. However, self-driving technology could have a far reaching impact on industries from logistics to mining. This technology is still in its infancy; however, technology developers and manufacturers working on these self-driving vehicles have made impressive ...

Chinese Steel & Coal Sectors Set To Lose 1.8 Million Workers

Huge news coming out of China's steel and coal sectors as President Xi Jinping looks to cut industrial overcapacity and rework their state-run enterprises. Yin Weimin, Human Resources and Social Security Minister, announced today (2/29/2016) that they will lay off 1.3 million workers in the coal industry and another 500,000 in steel sectors. Without providing any additional information, Yin ...

The Comeback of Iron Ore

Good news in the mining sector has been hard to come by as commodity prices have been on a steady decline for months. But now, iron ore has climbed to its highest point in the last three months on Friday (2/19/16) and it is great news for miners and manufacturers alike. China has boosted output after the Lunar New Year break and this could have contributed to the jump in prices. Also, the ...

Nano-Manufacturing Creating Stronger Metals

A Seattle-based startup, Modumetal is commercializing a new process that will increase the strength of steel and other metals by as much as 10 times, while also making them more resistant to corrosion. The process makes use of nano-laminate layers that coat the metal to achieve these impressive results. The process creates multiple discrete layers, only nanometers thick, so it will keep the ...

Rocky Road Ahead For The Coal Industry

The coal industry is facing some new hurdles as the U.S. moves toward a more sustainable approach to energy. Coal mines have been closing, and demand for coal continues to fall. Now the Obama administration will be halting new coal land leases until a comprehensive review of fees charged to mining companies and the environmental impact of coal mining can be completed. Coal reserves that are ...

Mining Fatalities In 2015: Lowest On Record

Mining is notorious for being a dangerous line of work due to the nature of the industry. The Mine Safety and Health Administration (MSHA) is responsible for monitoring the safety conditions of mines across the U.S. and they are extremely pleased with the results of their work in 2015. 2015 saw the least amount of mining-related fatalities ever on record. 28 miners lost their lives last year, ...

Global Coal Demand Stalls: CCS Technology More Important Than Ever

After a decade of rapid growth, the world's coal demand has stalled, according to the International Energy Agency. This is largely due to the economic restructuring of China, which is the world's largest consumer of coal. Furthermore, the recent COP21 talks that were conducted in Paris will be acting as a deterrent for increasing coal consumption. In 2014, China's demand for coal decreased and ...