Vale to increase high-grade iron ore output in tightening marketVale said its output of high-grade agglomerates is set to reach 50 million to 55 million tonnes in 2026, up from 32 million in 2022.Reuters | February 27, 2023 | 6:51 am
Tesla, GM among carmakers flocking to mining events amid battery metals scrambleCar companies are making inroads into the mining industry to…Bloomberg News | February 24, 2023 | 3:47 pm
Lithium producers defy mining sector slump with surging profitsLithium producers in Australia saw profits surge on the back…Bloomberg News | February 24, 2023 | 8:00 am
Implats said to mull bid for Royal Bafokeng as soon as next week One of the main discussion points is the split between cash and equity that Implats may pay. Bloomberg News | November 5, 2021 | 10:18 am
Vale cashes in on fertilizer boom with $1.3 billion Mosaic stock sale Brazilian iron ore giant thinks it’s time to cash in on the global fertilizer boom. Bloomberg News | November 5, 2021 | 8:14 am
A squeeze on lithium has top producer ‘going as fast as we can’ Albemarle plans to start sales from a new plant in Chile early 2022 and from an expansion in Western Australia around the middle of the year. Bloomberg News | November 4, 2021 | 5:04 pm
Glencore to sell Chad oilfields to Perenco The oilfields produced about 7,700 barrels per day (bpd) before Glencore placed them on care and maintenance in early 2020. Reuters | November 4, 2021 | 10:34 am
Sumitomo notches record profit on higher commodity prices, ups annual outlook The company's net profit came in at 241 billion yen ($2.1 billion) for the six months ended Sept. 30, against a net loss of 60 billion yen a year earlier. Reuters | November 4, 2021 | 7:37 am
Barrick Gold quarterly profit dented by weak prices The gold giant reported an 18% drop in third-quarter profit from the prior three-month period, weighed down by weaker prices for the precious metal. Reuters | November 4, 2021 | 3:27 am
BHP admonished for meddling with SolGold board As SolGold’s biggest shareholder, BHP has long been seen as a likely buyer for the company, yet the relationship has not always been smooth. Bloomberg News | November 3, 2021 | 9:52 pm
Albemarle boosts 2021 forecast on rising global lithium demand The company's stock rose 4.1% in after-hours trading following its Q3 results. Reuters | November 3, 2021 | 1:45 pm
Damage from Brazil’s Samarco disaster at least $6.7bn, study says The conclusions come as Brazilian authorities and Samarco co-owners enter the final phases of a re-negotiation of a 2016 settlement. Reuters | November 3, 2021 | 1:20 pm