Category: Regions

North Africa remains a major centre of global phosphate production, with significant production in Algeria, Tunisia and Egypt as well as Morocco, and sulphur and sulphuric acid consumption continuing to increase.

Mining giant Glencore says it has no choice but to start work on placing the loss-making Mount Isa copper smelter and Townsville refinery in Australia into care and maintenance until market conditions improve. The company expects to report a A$2.2 billion (US$1.44 billion) loss from the operations between 2025 and 2031.

Indonesia’s sovereign wealth fund Danantara has signed a heads of agreement with Shenzhen-based GEM Limited to jointly develop a high-pressure acid leach (HPAL) nickel facility with a capacity of 66,000 t/a of nickel. The project carries an estimated value of $1.42 billion. GEM is a global leader in green metallurgy and circular economy solutions, known for its large-scale recycling of electric vehicle batteries and electronic waste.

Jordan Phosphate Mines Company (JPMC) and Arab Potash Company (APC) have signed an agreement to develop an integrated industrial complex for the production of phosphoric acid, purified phosphoric acid, and specialised fertilisers. The facility will span sites in the Aqaba Special Economic Zone and Al Shediyeh, and represents a strategic collaboration between two of Jordan’s largest mining companies. The project aims to shift the country’s fertilizer sector from raw-material exports to value-added manufacturing, aligned with Jordan’s Economic Modernisation Vision. The complex will focus on high-purity phosphoric acid used in specialty fertilizers, as well as in food, pharmaceutical, and cosmetics applications. It is also expected to create both direct and indirect employment opportunities, with plans for training programmes for local engineers and technicians.

Aurubis says that it has successfully completed scheduled maintenance at its Pirdop plant on time. The two-month operation marked the largest planned maintenance shutdown at the site in the past 30 years. With an investment of €115 million, Aurubis says the work ensures the long-term reliability and performance of the facility. Key upgrades included a full overhaul of the flash smelter, replacement of two electrostatic precipitators, and a major modernisation of the sulphuric acid production line. This modernisation involved installing a new converter and replacing six heat exchangers.

In late July, OCP Nutricrops announced that its triple superphosphate (TSP) production capacity now exceeds five million tonnes, thanks to the commissioning of the first two TSP production lines – each with a capacity of 500,000 t/a – as part of the strategic ‘TSP Hub’ programme at OCP’s massive Jorf Lasfar complex. This initiative is led by the OCP Group’s Manufacturing Special Business Unit (SBU) in coordination with OCP Nutricrops, OFAS and JESA. These flexible production lines can manufacture tailored fertilizers that integrate nutrients and additives to match specific soil and crop needs, OCP Nutricrops said.

Lyten, a global leader in lithium-sulphur batteries has entered into a binding agreement to acquire Northvolt’s assets in Sweden and Germany. The acquisition includes Northvolt Ett and, Northvolt Labs in Sweden and Northvolt Drei in Germany. Additionally, Lyten is acquiring all remaining Northvolt intellectual property. The financial terms of the agreement were not disclosed. In total, Lyten’s acquisition includes assets valued at approximately $5 billion, including 16 GWh of existing battery manufacturing capacity, more than 15 GWh of capacity under construction, the infrastructure and plans to scale to more than 100 GWh, and the largest and most advanced battery R&D centre in Europe.

India’s Coromandel International (CIL) is set to increase its stake in phosphate rock producer Baobab Mining and Chemicals Corporation (BMCC) in Senegal further to 71.51% from 53.8%, according to local press reports. CIL is reportedly paying $7.7 million for an additional 17.69% equity stake, after previously raising its stake from 45% in September 2024. CIL originally announced it would take a stake in BMCC in 2022, when it paid $19.6 million for a 45% stake, along with a loan of $9.7 million into BMCC for capital projects and expansion. CIL plans to use the stake to ensure long term supply security of phosphate rock.

Copper production in Chile may stall at around 5.5 million t/a because of the growing challenges mining companies face, according to Maximo Pacheco, chairman of state-owned Codelco.

ADNOC Gas PLC has reported $1.39 billion in net income for 2Q 2025, up 16% year on year and a quarterly record for the company. Last year, the gas processing and sales arm of Abu Dhabi National Oil Co. logged its highest annual net earnings - $5 billion - due to rising natural gas demand in the United Arab Emirates. In particular, revenue from ADNOC Gas’s sulphur sales more than doubled to $96 million from $43 million.