Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

Reuters | June 20, 2024 | 6:58 am

Rising demand for responsible rare earths is not lifting prices, says Lynas

"Demand growth has not been matched by price growth," Lynas…

Reuters | June 20, 2024 | 6:46 am

Australia to fund road clearing to Porgera mine after PNG landslide

Australia said it would provide A$2 million ($1.33 million) to…

Reuters | June 20, 2024 | 6:40 am

Vale sees higher 2026 copper, nickel output after investments

Vale sees potential copper output in 2026 between 387,000 tonnes…

Reuters | June 20, 2024 | 6:31 am

Along Peru’s mining corridor, Big Copper faces a snarl of trucks

Trucks linked to artisan and illegal mining operations have been…

Reuters | June 19, 2024 | 2:16 pm

Hudbay Minerals closes $402.5 million upsized public offering

The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.

Staff Writer | May 24, 2024 | 9:03 am

Vale hires Russell Reynolds to advise on CEO selection

Vale intends to announce a new CEO by December 3.

Reuters | May 24, 2024 | 8:41 am

Newmont reopens Argentina’s Cerro negro gold mine

The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America.

Staff Writer | May 24, 2024 | 5:33 am

Nornickel plans to build PGMs refinery in Bahrain

Nornickel is the world's largest producer of palladium and a major producer of platinum.

Reuters | May 23, 2024 | 3:12 pm

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

Bloomberg News | May 23, 2024 | 12:16 pm