US firm Lockheed Martin will transfer titanium tech. and new patriot missiles to Taiwan (US)

Lockheed Martin’s Missiles and Fire Control department will transfer technology and training for Taiwan’s defense industry to produce its own aerospace and military grade titanium.

TAIPEI (Taiwan News) – The Ministry of National Defense (MND), on Friday, June 15 announced that the Unites States had agreed to transfer new military technologies to Taiwan to bolster the country’s domestic defense industry.According to reports, Lockheed Martin’s Missiles and Fire Control department will transfer technology and training for Taiwan’s defense industry to produce its own aerospace and military grade titanium, as part of a deal that will also include six sets of Patriot Advanced Capability – 3 (PAC-3) missiles and upgrade kits for PAC-2 missiles. The titanium production technology will allow Taiwan to bolster its armoring capabilities as well asContinue reading

Thor Mining welcomes inclusion of tungsten on US critical minerals list (US)

Exploration and development company Thor Mining welcomed the inclusion of tungsten on the US department of the interior’s list of critical minerals. Tungsten had been under consideration for the list for months and its inclusion is important for Thor as the resource is the primary resource material at the AIM traded firm’s wholly-owned Pilot Mountain project in Nevada, which also contains copper and silver. Mick Billing, chairman of Thor Mining, said: “With Pilot Mountain situated in the State of Nevada, a longstanding miningContinue reading

Putin wins powers to impose tit-for-tat sanctions on west (US)

Moscow had threatened to stop titanium exports to the US — a move that would hurt aerospace company Boeing, which buys about 35 per cent of its titanium from Russia’s VSMPO-Avisma — and ban imports of drugs, alcohol and tobacco. Those measures did not survive in the final version of the bill passed on Tuesday. Instead, the legislation gives Mr Putin the power to choose which sectors and products will be affected and allows the Kremlin to “ban or suspend co-operation with a hostile state”. (Credit Photo @ VSMPO)

Kremlin bill allows selected US targets but highlights Moscow’s limited options

Russia’s parliament has passed a sweeping bill that gives the Kremlin the power to ban selected exports to the US and curb imports from western countries, as Moscow seeks to hit back against US sanctions imposed on oligarchs and leading companies last month. The legislation, the latest in a series of tit-for-tat moves introduced by Moscow and western Continue reading

US Secretary Zinke Signs Order to Begin Process of Creating First Ever National Survey of Critical Minerals (US)

WASHINGTON, D.C. – Today, following President Donald J. Trump’s executive order to break America’s dependence on foreign minerals, U.S. Secretary of the Interior Ryan Zinke signed a secretarial order directing the initial steps to producing the first nationwide geological and topographical survey of the United States in modern history. The order also directs Interior bureaus to begin work on identifying immediate domestic sources for critical minerals. “Right now the United States is almost completely reliant on foreign adversaries and competitors for many of the minerals that are deemed critical for our national and economic security. As both a former militaryContinue reading

U.S. Government Officially Declares All Three Superalloy Metals from Nebraska Project as “Critical Minerals” (US)

NioCorp’s Elk Creek, Nebraska Project has now emerged as one of the few greenfield projects in the U.S. that plans to produce multiple Critical Minerals for which the U.S. is currently 100% reliant on foreign nations such as China and Russia

CENTENNIAL, Colo., May 17, 2018 (GLOBE NEWSWIRE) — The Trump Administration will officially designate as “Critical Minerals” the entire planned product suite of superalloy metals that NioCorp Developments Ltd.(“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) proposes to mine and process at its Elk Creek, Nebraska Superalloy Materials project. The designation establishes the Elk Creek Project (the “Project”) as one of the few polymetallic greenfield mining projects in the U.S. that proposes to produce multiple Critical Minerals – Niobium, Scandium, and Titanium, in this case – that all have key uses in national defense and civilian technologies and uponContinue reading

Indian Steelmaker SAIL supplies defence grade steel plates for anti-submarine warship INS Kiltan (US)

Steel Authority of India Ltd (SAIL) has supplied defence grade ‘DMR 249A’ steel plates for the indigenously built Anti-Submarine Warfare (ASW) stealth corvette INS – Kiltan which was commissioned on  October 16 into Indian Navy, a BSP press release informed. It is the third of the four indigenously built AWS stealth corvettes under project 28 (Kamorta class) to join Indian Navy after sister ships INS Kamorta and INS Kadmatt, it informed. SAIL’s integrated functioning across all its Plants has again successfully supplied the required quantity of steel for this significant project. SAIL has also supplied 80 per cent steel required for construction of the Sardar SarovarContinue reading

Timet asks US Gov to Investigate Titanium Imports from Japan and Kazakhstan (US)

The U.S. International Trade Commission opened an investigation into titanium sponge from Japan and Kazakhstan on Friday after Titanium Metals Corp. argued unfair trade practices threatened the lone remaining U.S. producer of the valuable metal’s initial processed form. Titanium Metals, or Timet, asked the U.S. government to impose anti-dumping duties of 31 to 69 percent on various producers in Japan and 33 percent on Kazakhstan’s lone producer, Ust-Kamenogorsk Titanium Magnesium Plant JSC. It also wants a countervailing duty on UKTMP over allegedContinue reading