South32 mulls acquisition of Anglo’s $1bn business in Brazil
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
Predominantly a stainless steel maker, the company came out of nowhere to become the world's top nickel producer in 2018 thanks to its pioneering use of low-grade nickel pig iron.
Communities in Peru's Ayacucho region say they will resume protests against the mining sector if the government of leftist President Pedro Castillo breaches what they call a signed agreement to shutter mines.
According to BloombergNEF, the DRC could leverage its cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.