MP Materials and Lynas explore merger amid rare earth market turmoil — reportThe Australian Financial Review suggests the two companies may be in talks to merge, potentially forming the world's largest non-China producers of rare earths.Staff Writer | February 2, 2024 | 11:27 am
Western miners lag as oil powers enter race for Africa’s critical metalsRisk aversion is likely to leave major Western miners lagging…Reuters | February 2, 2024 | 9:52 am
Zambia seeks to restructure Glencore debt with new Mopani investorZambia is seeking to restructure a $1.5 billion debt owed…Reuters | February 2, 2024 | 8:38 am
Tantalex secures Glencore’s backing for Congo lithium project The Swiss miner will pay a staggered $5 million to Tantalex as part of the marketing off-take agreement. Reuters | September 8, 2023 | 3:08 pm
Strike looms at First Quantum’s copper mine in Panama on impasse in wage talks The negotiation remained stuck on disagreements over profit sharing and salary increase. Bloomberg News | September 8, 2023 | 9:42 am
Nornickel says cash flow not yet stable enough to resume dividends Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years. Reuters | September 8, 2023 | 7:49 am
Chile lithium rebound offers relief to miners hit by China angst Revenue from Chilean lithium shipments jumped 18% in August versus July. Bloomberg News | September 8, 2023 | 7:36 am
Antofagasta loses bid to revive Minnesota copper-nickel project The project would have been one of the biggest US sources of metals needed to build electric vehicle batteries and other clean energy technologies. Reuters | September 7, 2023 | 4:14 pm
Leadership doubts threaten Fortescue founder’s green reinvention The firm’s reputation for capital discipline seems to have “gone out the window” with the green-energy push, said one analyst. Bloomberg News | September 7, 2023 | 3:55 pm
Decarbonization in mining still a long way off Mining companies have set targets to decarbonize and mostly aim to reach net zero by 2040 and 2050, but some are struggling to keep up. Reuters | September 7, 2023 | 3:38 pm
Codelco seals early contract deal with El Teniente supervisors’ union The proposal will take effect from November, valid until 2026. Reuters | September 7, 2023 | 3:28 pm
China’s CMOC to boost Congo copper output after ending row with Gecamines The group will raise its copper output in Democratic Republic of Congo to 600,000 metric tons next year. Reuters | September 7, 2023 | 9:32 am