BHP has moved on from Anglo American, company chairman says The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times. Reuters | October 29, 2024 | 5:45 pm
Alcoa ‘very bullish’ on aluminum for energy transition Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said. Reuters | October 29, 2024 | 5:11 pm
Lynas Rare Earths first-quarter revenue falls nearly 6% The largest producer of rare earths outside China reported sales revenue of A$120.5 million for the three months ended Sept. 30. Reuters | October 29, 2024 | 3:25 pm
Pilbara Minerals cuts FY25 output forecast; flags Pilgangoora optimization The country's biggest pure-play lithium miner expects output between 700,000 to 740,000 tonnes for fiscal 2025. Reuters | October 29, 2024 | 3:20 pm
India’s festive gold buying spree continues, defying record price Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday. Reuters | October 29, 2024 | 7:54 am
Ukraine’s key Pokrovsk coal mine still operating as Russian troops move closer Ukrainian military analysts said this week that Russian troops had moved to within about 7.5 km of Pokrovsk. Reuters | October 29, 2024 | 7:39 am
Australian rare earths developer ASM eyes US defence funding ASM has been building funds to develop its $1.1 billion Dubbo rare earths project in New South Wales. Reuters | October 29, 2024 | 1:59 am
Australia risks losing its iron ore dominance, Fortescue CEO says Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply. Reuters | October 28, 2024 | 5:54 pm
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine The loan, provisionally approved in March, is a key part of President Joe Biden's efforts to reduce dependence on lithium supplies from China. Reuters | October 28, 2024 | 2:04 pm
Galp in no rush to invest in lithium refinery with Northvolt The refinery, which was scheduled to start commercial operations in early 2026, is facing delays due to the complexity of the project. Reuters | October 28, 2024 | 10:49 am
Diamond-rich Botswana votes with President Masisi seeking second term Botswana will hold a general election on Wednesday with President Mokgweetsi Masisi competing against three challengers for a second term. Reuters | October 28, 2024 | 6:55 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am