Base Resources’ Kenya mine revenue to rise

29 January 2015

Australia's Base Resources expects revenue from its Kenya titanium mine to climb 12 percent in its next financial year to June 2016 due to an eight percent rise in export volumes, Managing Director Tim Carstens said last week. Read more...

Nevado & Neomet Technologies confirm JV

28 January 2015

Nevado Resources Corporation is pleased to announce that it has signed a final agreement with Neomet Technologies Inc. ("Neomet") to form a joint venture (JV).

The purpose of the joint venture is to develop Nevado's wholly-owned La Blache property, or other similar properties to be held by the JV. Read more...

Innovation center opens in Detroit

27 January 2015

The American Lightweight Materials Manufacturing Innovation Institute has opened a brand new innovation center in Detroit, Michigan.

The $148-million pubic-private partnership is part of a national network of research institutions and industrial companies seeking to speed up the pace of moving lightweight metal products from labs to factories—and to train workers on how to use the new technology. Read more...

Alcoa elects new board of directors’ member

26 January 2015

It has been announced that Alcoa has elected Dr. L. Rafael Reif to its board of directors, which will become effective on March 2, 2015.

Dr. Reif, 63, is president of the Massachusetts Institute of Technology (MIT), the world-renowned educational institution of science and technology. Read more...

South Korea to spend $75m on titanium production

25 January 2015

The country is planning to invest $75 million in titanium, along with other new materials, which may have a wide application in aerospace and medical sectors. The South Korean Ministry of Trade, Industry and Energy (MOTIE) has reported it will invest a total of 81. Read more...

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