Rio Tinto buyout target Arcadium posts loss on falling lithium prices
Rio Tinto plans to create a standalone lithium division after it completes the $6.7 billion acquisition.
Rio Tinto plans to create a standalone lithium division after it completes the $6.7 billion acquisition.
West McArthur is about 20 km west of Cameco’s McArthur River mine.
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
Vale reported an output of 85.3 million metric tons in the three months ended in December.
Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve.
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy.
The steelmaker attributed its lower core earnings to factors beyond its control, citing international prices.
The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period.
The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.