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In the 12 months since E&MJ last reviewed the Nordic mining and exploration sector, the picture has remained largely static. Established producers have maintained their operations, new starts have largely fallen by the wayside, and the junior explorers have thinned both in number and in terms of overall expenditure. And, until commodity prices begin to climb again and remain at sustainable levels for sufficient time to allow confidence and financing to return, there seems little chance of the Nordic mining scene doing much beyond maintaining the status quo. Although without its own mining sector, metallurgy -- particularly aluminum smelting and other high-energy processes -- is a significant contributor to Iceland's economy. In operation since 1998, Noroural's Grundartangi smelter is currently involved in a long-term expansion project aimed at increasing annual capacity from 280,000 mt to around 325,000 mt per year (mt/y) in due course. Its nameplate capacity in 2016 was 313,000 mt/y.
In the 12 months since E&MJ last reviewed the Nordic mining and exploration sector, the picture has remained largely static. Established producers have maintained their operations, new starts have largely fallen by the wayside, and the junior explorers have thinned both in number and in terms of overall expenditure. And, until commodity prices begin to climb again and remain at sustainable levels for sufficient time to allow confidence and financing to return, there seems little chance of the Nordic mining scene doing much beyond maintaining the status quo. Although without its own mining sector, metallurgy -- particularly aluminum smelting and other high-energy processes -- is a significant contributor to Iceland's economy. In operation since 1998, Noroural's Grundartangi smelter is currently involved in a long-term expansion project aimed at increasing annual capacity from 280,000 mt to around 325,000 mt per year (mt/y) in due course. Its nameplate capacity in 2016 was 313,000 mt/y.
Nordic Miners Mark Time
Simon Walker (Autor:in)
2017
Aufsatz (Zeitschrift)
Englisch
Online Contents | 1994
Engineering Index Backfile | 1924
|Online Contents | 2017
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