Antam buys 30% stake in Tsingshan’s smelterThe Indonesian state-controlled miner has acquired a 30% stake worth $102 million.Reuters | October 8, 2024 | 1:18 am
Timeline: Owners of Arcadium’s lithium assets through the yearsArcadium was formed only in January by the merger of…Reuters | October 7, 2024 | 4:49 pm
Ivanhoe Mines lowers full-year copper, zinc production guidanceThe revision comes despite a record 116,313 tonnes of copper in…Staff Writer | October 7, 2024 | 12:01 pm
BHP moves ahead with expansion of Olympic Dam copper refinery BHP is aiming to lift its annual output from the region to 500,000 metric tons of cathode by early 2030s, from 322,000 tons produced last year. Reuters | August 30, 2024 | 7:10 am
Lithium bust spurs Ganfeng to delay project capex as losses hit The Chinese company said it will strictly control spending on future projects. Bloomberg News | August 29, 2024 | 10:06 am
Impala chief sees no new platinum mines built in South Africa amid EV threat Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%. Reuters | August 29, 2024 | 9:57 am
Kumba to invest further $428 million in iron ore processing plant upgrade The new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production. Reuters | August 29, 2024 | 9:55 am
Rio Tinto, Eramet, BYD eligible for Chile’s Altoandinos lithium project Enami aims to formalize a public-private partnership by March 2025. Staff Writer | August 29, 2024 | 9:31 am
Newmont’s Lori Douglas named as one of Paradigm for Parity’s Women on the Rise 2024 Paradigm for Parity recognizes exceptional leadership, commitment to advancing women in the workplace and continued efforts to promote diversity and inclusion. Staff Writer | August 28, 2024 | 5:54 pm
Rusal’s first-half profit jumps 42% on lower costs Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions. Reuters | August 28, 2024 | 5:32 pm
South32 hunts for copper as it returns cash to shareholders Underlying earnings came in at $380 million, compared with $916 million a year ago. Reuters | August 28, 2024 | 3:31 pm
Nippon Steel boosts M&A case with $1.3 billion spend at US mills The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works. Bloomberg News | August 28, 2024 | 2:51 pm