Azure Minerals agrees to $1bn takeover bid from SQM SQM previously saw its $585 million offer turned down. Reuters | October 25, 2023 | 4:34 pm
Fortescue’s quarterly iron ore shipments fall 3% on maintenance The world's fourth-largest iron ore miner shipped 45.9 million tonnes of iron ore for the quarter ended Sept. 30. Reuters | October 25, 2023 | 3:54 pm
Allkem’s first-quarter revenue jumps on strong output Lithium carbonate production at the company's Olaroz lithium project came in at 4,453 tonnes, 35% higher than the previous year. Reuters | October 25, 2023 | 3:03 pm
G7 announcement on Russian diamond ban expected by end of month The G7 held a technical meeting last week to discuss several proposals put forward by India, industry groups and Belgium. Reuters | October 25, 2023 | 10:11 am
Namibia’s battery metal ambitions rest on infrastructure, miners say The southern African country has significant deposits of lithium as well as rare earth minerals. Reuters | October 25, 2023 | 9:19 am
US will extend EU metals tariff exemption if needed The US suspended import tariffs of 25% on EU steel and 10% on EU aluminum for two years from January 2022. Reuters | October 25, 2023 | 9:06 am
Lynas shares jump as Malaysia allows key plant extension The government of Malaysia said it will allow the miner to import raw materials containing natural radioactive material. Reuters | October 25, 2023 | 8:31 am
Whitehaven hits out at dissident investor’s ‘failure’ after BHP mines deal Hedge fund and a minority investor Bell Rock is against the miner's decision on the recent $4.1 billion acquisition of BHP's metallurgical coal mines. Reuters | October 25, 2023 | 7:46 am
Nornickel starts sulphur dioxide capture in Russia’s most polluted city The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk. Reuters | October 25, 2023 | 7:41 am
Ma’aden working to extract lithium from seawater Saudi Arabia is developing an automotive industry which will require electric vehicle battery materials. Reuters | October 25, 2023 | 7:38 am
Zijin says it will advance disputed, giant Congo lithium project Mine permit belonged to AVZ Minerals, but was revoked in February with mines ministry saying the company had not developed it fast enough. Reuters | October 25, 2023 | 3:11 am
Grupo Mexico posts boost in Q3 profit amid strong sales Revenue for the major global copper producer during the July-to-September period rose 17%. Reuters | October 24, 2023 | 2:30 pm