Zijin Mining slows M&A on valuations, geopolitical risks The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking." Bloomberg News | August 30, 2023 | 9:54 am
India to start critical mineral blocks auction process this year The blocks are for minerals including nickel, lithium, cobalt and platinum, along with rare earths. Bloomberg News | August 30, 2023 | 8:13 am
Lithium players race for breakthrough to meet electric car demand After years of intense testing and development work, the world is about to find out whether DLE works on a commercial scale. Bloomberg News | August 30, 2023 | 8:03 am
Eramet to resume manganese mining in Gabon after coup Eramet has stopped its manganese mining operations and train-transport operations in Gabon out of precaution. Bloomberg News | August 30, 2023 | 7:42 am
Codelco put under review by Moody’s with debt piling up Moody’s Investors Service placed Codelco ratings under review for downgrade, the firm said in a statement Tuesday. Bloomberg News | August 29, 2023 | 4:39 pm
Vale considers taking steel decarbonization model to US, Brazil Under the proposal, Vale would build briquetting plants that would feed third-party direct reduction facilities on the same site. Bloomberg News | August 29, 2023 | 4:12 pm
Sayona CEO resignation won’t impact flagship mine, partner says Piedmont has a 25% stake in NAL, which started producing lithium earlier this year. Bloomberg News | August 29, 2023 | 2:46 pm
Private credit funds mull jumbo loan for Australian coal mines The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore. Bloomberg News | August 29, 2023 | 10:37 am
World’s best large IPO of 2023 is Indonesia miner with 150% gain Shares of PT Amman Mineral International are up 153% since their debut on July 7. Bloomberg News | August 29, 2023 | 8:53 am
Hindustan Zinc eyes jump in output under chair Agarwal Hebbar The company wants to grow its annual mined metal output to 1.5 million tons, from around 1 million tons now. Bloomberg News | August 29, 2023 | 8:24 am
Iron ore’s unexpected rally shows pockets of China strength The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Bloomberg News | August 29, 2023 | 8:11 am
Top copper-producing nation Chile sees mining costs jump 29% Inflationary pressure is coming from lower ore quality, which means more rock has to be crushed to extract the same amount of metal. Bloomberg News | August 28, 2023 | 10:53 am