7% Rise in Phosphate Concentrate Output

The company supplied 32,003 tons of phosphate concentrates during the year under review, up by 925% year-on-year, Iranian Mines and Mining Industries Development and Renovation Organization reported. The company's phosphate extraction was down 14% to 305,814 tons during the same year. Esfordi phosphate plant is a subsidiary of Iran Minerals Production and Supply Company—a subsidiary of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)—and is located in Bafq County of Yazd Province. In mineralogy and geology, phosphate refers to a rock or ore containing phosphate ions. Inorganic phosphates are mined to obtain phosphorus for use in agriculture and industry. Approximately 90% of rock phosphate production are used for fertilizer and animal feed supplements and the rest for industrial chemicals. In addition to phosphate fertilizers for agriculture, phosphorus from rock phosphate is also used in animal-feed supplements, food preservatives, baking flour, pharmaceuticals, anticorrosion agents, cosmetics, fungicides, insecticides, detergents, ceramics, water treatment and metallurgy.source: Financial Tribune

7% Rise in Phosphate Concentrate Output

Superhot, superdeep rock miles below could create a clean, renewable energy source — report

Copper slips as US data stokes worries about rate-cut policy

El Salvador sitting on $3 trillion worth of unmined gold, president says

Gold price could extend record run into 2025, Heraeus says

Trump tariff risk roils gold and silver as New York prices jump

Rio Tinto’s $2.5 billion lithium plan is a win for Milei

Copper price jumps on China policy, but we’ve been here before

Zimbabwe wants 26% free-carry stake in new mining projects

Glencore ties up with Cyclic Materials in copper recycling push

Lithium supply surplus set to stay with battery makers’ help

China tightens rules to curb methane emissions from coal mines

Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant

Arcadium Lithium investors sue miner over Rio Tinto takeover

Skeena advances Eskay Creek permitting, unlocks Orion funding

US foreign investment panel split on Nippon-US Steel deal

Norge Mining acquires Europe’s largest natural graphite producer

Australia’s CEFC invests $75m in homegrown critical minerals

Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade

Mobarakeh steel is producing green steel through scrap recycling

BHP seeks Brazil growth to emerge from shadow of mining disaster

Norilsk Nickel plans to sell all it produces in 2025