Nornickel moves closer to biggest buyer with plan for copper plant in China

The Russian firm will close its Arctic copper plant and build one in China with an unnamed partner.

Reuters | April 22, 2024 | 5:23 am

BHP aims to receive first ammonia-fuelled bulk carrier in 2026

BHP also plans to use bio-blended fuels for bunkering regularly…

Reuters | April 22, 2024 | 5:14 am

South32’s third-quarter manganese production falls 7%

The world's largest producer clocked manganese ore production of 1.2…

Reuters | April 21, 2024 | 7:13 pm

Vale Indonesia shareholders approve rights issue plan

The rights issue that will facilitate the acquisition of a…

Reuters | April 20, 2024 | 11:31 am

Glencore and Trafigura’s sanctions games are draining the LME

The world’s two biggest metals traders plan to withdraw the…

Bloomberg News | April 19, 2024 | 1:42 pm

Polymetal CEO says new shareholder will expedite Russian asset sale

Russian and Chinese companies were among interested buyers.

Reuters | January 31, 2024 | 8:15 am

Barrick to spend $136 million on failed Pascua-Lama project

According to the EIA submitted to Chilean regulators, Barrick wants to adapt the closure plan to restore surface and underground water flows.

Cecilia Jamasmie | January 31, 2024 | 7:24 am

Rob McEwen seeks $100 million for Argentina copper mine as Milei boosts prospects

The idea is to secure fresh funds within six months for feasibility and engineering work at the Los Azules project.

Bloomberg News | January 30, 2024 | 10:19 am

Vale cranks up iron mining just as demand concerns resurface

The Brazilian mining giant is accelerating production, posting its best December in five years.

Bloomberg News | January 30, 2024 | 9:56 am

Lion Copper delivers positive PEA for Rio Tinto-backed Yerington project

The integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%.

Staff Writer | January 30, 2024 | 9:30 am

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry.

Bloomberg News | January 30, 2024 | 8:20 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

Reuters | January 30, 2024 | 8:15 am

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

Reuters | January 29, 2024 | 1:42 pm

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

The Minas Gerais state prosecutor general says the companies risk paying a lot more in court.

Reuters | January 29, 2024 | 12:21 pm

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