BHP warns AI boom would worsen copper shortageGrowth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.Cecilia Jamasmie | September 17, 2024 | 7:17 am
Ma’aden, Bahrain’s Alba partner to pursue global aluminum businessThis potential combination would create a global powerhouse in aluminum production,…Staff Writer | September 16, 2024 | 11:46 am
Vedanta alumina output unaffected after water breachRising alumina prices have already been putting pressure on aluminum…Bloomberg News | September 16, 2024 | 8:42 am
Court approves billionaire Agarwal’s plan to reclaim Zambia mine Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers. Bloomberg News | June 29, 2024 | 9:22 pm
Brazil’s Lula says deal with Vale on Mariana disaster ‘90% done’ The offer unveiled earlier this month was less than the government's target, but Vale has expressed hope that a "consensus" would be achieved by the end of month. Reuters | June 28, 2024 | 10:03 am
Miner M&A spotlight may shift to Teck and Freeport The question of where the M&A spotlight is next going to fall has a sector newly buzzing with intrigue. Reuters | June 28, 2024 | 10:02 am
Vedanta set to regain control of Zambia copper mine Billionaire Anil Agarwal’s firm is ready to pay $250 million to settle debts owed by the Konkola mine. Bloomberg News | June 28, 2024 | 9:03 am
Tianqi asks Chile regulator to reconsider decision on SQM-Codelco deal The Codelco-SQM agreement is a major plank of the Chilean government's aim to take a stronger role in lithium output. Reuters | June 28, 2024 | 6:16 am
Lithium producers bullish on long-term demand despite recent price drop Oversupply from China and a softening of aggressive EV adoption rates has dragged lithium prices down more than 80% in the last year. Reuters | June 27, 2024 | 5:11 pm
Teck Resources named one of 2024’s best 50 corporate citizens in Canada Teck has set ambitious targets in sustainability, including being carbon neutral by 2050. Staff Writer | June 27, 2024 | 12:13 pm
Claimants for deadly Mariana dam collapse file injunction against BHP, Vale The claimants allege the companies asked the Brazilian Mining Association to make the claim at the Supreme Court. Reuters | June 27, 2024 | 11:04 am
Lundin weighs sale of zinc mines in Sweden and Portugal The Vancouver-based miner is gauging interest in its Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal. Bloomberg News | June 27, 2024 | 10:47 am