Almonty Industries Inc’s Post

IT/OT Convergence: Bridging the Gap Between Worlds #IndustrialTech Global IT/OT Convergence Market size expected to reach USD 280.66 billion by 2030, growing at a CAGR of 14.3%. Get Sample Copy Of This Report @ https://lnkd.in/gHxWynzY The adoption of IT/OT convergence by businesses, particularly those in the manufacturing, transportation, mining, and other industrial industries, is estimated to drive market expansion Between 2023 and 2030, the Automotive, Aerospace & Defense segment is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.5%. Read More @ https://lnkd.in/gnTuBdAk #ITOT #Industrialytics #SmartManufacturing #FutureofWork #ITOTConvergance

Only put off until tomorrow what you are willing to die having left undone. ## Antimony: A Rare Metal Driving Military and Solar Power The minor metal antimony plays a crucial role in military equipment, ammunition, and solar panels. However, China, the largest producer of antimony, is tightening its grip on exports of this critical metal. As a result, the price of antimony has skyrocketed, quintupling since 2019 and doubling just this year. ## Seize the Opportunity! Invest in Perpetua Resources Amidst this global supply squeeze, there is one beacon of hope for investors: Perpetua Resources' U.S.-based mine holds the key to future antimony production. By investing in Perpetua Resources, you can capitalize on the growing demand for antimony and potentially reap significant returns. Don't miss out on this opportunity to diversify your investment portfolio and make the most of the HSA account benefits. Act now to secure your financial future and support domestic production of this vital metal. #hsa #investing #healthcare #health #family #wellness 💪📈

"Exiger, MetalMiner Awarded Defense Advanced Research Projects Agency (DARPA) Contract to Enhance Supply Chain Transparency The Defense Advanced Research Projects Agency has awarded a contract to Exiger and MetalMiner to develop technology enhance supply chain resilience and national security. The award is in line with the Open Price Exploration for #NationalSecurity program, which aims to increase transparency in critical commodity pricing, supply demand and capacity forecasting, Exiger said. Under the agreement, Exiger’s real-time supply chain data will be complemented by MetalMiner’s expertise in commodities markets and its pricing models and forecasting algorithms, providing critical supply chain visibility." https://lnkd.in/euvs5Jm4

The neodymium magnet molds used by our NPLP magnet production system offer downstream producers the possibility of a near-net-shape (#NNS) capability, which promises cost advantages over conventional sintering methods. Our users can now fabricate magnets with complex shapes, reducing the need for additional machining of the resultant magnet blocks. #SupplyChain #NdFeB #neodymium #magnet #usjcjald #JALD #permanentmagnet #japanbusiness INDUSTRY 4.0

We are grateful to Forbes columnist Rob Ginsburg for this interview of our CEO, Lewis Black, on the indispensable role of tungsten in the AI semiconductor industry. With 83% of the world's #tungsten currently sourced from China, diversifying the supply is an important priority for the US and its allies. Almonty Industries Inc is modernizing and reopening the #SangdongMine in South Korea, which in its day was the largest tungsten mine in the world, to provide the largest single source of tungsten outside of China. The Sangdong mine  will directly benefit South Korea, the world's largest per capita consumer of tungsten, while expanding global tungsten production to the benefit of US industries that rely on this critical element. Read the full article below: https://bit.ly/3Viqwr8 #AlmontyIndustries #Tungsten #AIBoom #SemiconductorManufacturing #MiningIndustry #RobertGinsburg #SangdongMine #MiningNews #MiningStocks #Almonty #ASXNews

Around 90% of U.S. titanium consumption is imported, with Asia currently dominating the supply 🌏 With the demand for titanium projected to grow, particularly in sectors like defense, aerospace, electronics, and transportation, establishing a domestic supply chain can help the U.S. achieve independence from foreign imports. This infographic sponsored by IperionX explores the titanium supply chain and highlights the countries that dominate it. See the full infographic here: https://lnkd.in/gvk2rKWZ #china #mining #titanium #criticalmineral 

  Good interview by Jack Lifton of Rowena Smith regarding ASM's efforts to reestablish supply chains for #NdFeB magnets for the NAFTA region. It was good to hear about their progress after securing a $600 million loan from US EXIM for their 3,600 tons/year Dubbo Project.   Link: https://lnkd.in/dHNHjJyJ   POV: Unless you are looking to produce large magnet blocks, the older Transverse Die Pressing (TDP) technologies will be too labor-intensive to be profitable within the US or EU markets. So, it is crucial that we develop a more advanced near-net-shape production capability that will yield cost advantages over these conventional sintering processes.   #MERC #MCEIP #DOD #DOE #REE #NPLP #minetomagnet #rareearths #electricvehicle Australian Strategic Materials (ASM) Nihon Denji Sokki Co., Ltd. (NDK)

Following Merafe's discontinuation of its European quarterly #FeCr benchmark price as of June 2024, Samchrome has stepped in as the new setter of the European #ferrochrome price reference. However, most market players hesitate to embrace this new reference as a full-fledged replacement for the previous benchmark. "There is still a divergence and vacillation in opinions and views. Nothing is clear yet," a major international trader remarked. Specifically, Samchrome set the European ferrochrome price reference at $1.52/lb Cr for the third quarter of 2024, aiming to establish it as the new standard for the European ferrochrome benchmark price. The sluggish demand in Europe and the continuing decline in prices, along with concerns about Samancor’s ownership, have led many in the industry to deem the unchanged reference from the previous quarter as largely irrelevant to the European market. Stay informed with Metis - Metalshub Intelligence Service https://lnkd.in/dpmf94qt #ferroalloys #marketintelligence #stainlesssteel

The EU's #CRMA is published in the Official Journal and on 23rd May you can apply with your strategic projects #mining #processing #recycling #substitution - on this website you can find all the details for your application

Pricing trends in the metals industry look optimistic as consolidation and efficiency improvements take hold. By optimizing operations and leveraging new technologies, companies are set to meet demand and support sustainable progress, creating valuable opportunities for stakeholders across the board. Learn more in the latest Hilco Global Smarter Perspective: https://lnkd.in/dr6726MQ #Metals #HilcoGlobal