Codelco says 85% of energy supply will be renewable by 2026 The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year. Reuters | March 1, 2024 | 7:43 am
BlackRock reduces stake in Polymetal International The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%. Reuters | March 1, 2024 | 7:38 am
Syrah Resources inks offtake deal with Posco Future M Syrah will supply 2 kilotonnes of natural graphite per month in the year following commissioning. Reuters | February 29, 2024 | 2:27 pm
Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am
Polyus posts 2023 profit jump on higher output, gold prices Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales. Reuters | February 29, 2024 | 6:54 am
Chinese outbound investment in EVs likely set new record in 2023 Chinese firms put $28.2 billion into EV-related industries last year. Reuters | February 29, 2024 | 6:47 am
India launches second part of critical minerals auction worth $362 billion A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country. Reuters | February 29, 2024 | 6:44 am
SQM profit down 82% as lithium prices slide The company said it expected lithium sales volumes to increase 5%-10% this year. Reuters | February 28, 2024 | 4:52 pm
South32 to sell Illawarra project for $1.65 billion CEO Graham Kerr said the deal will streamline the company's portfolio and unlock capital to invest in development projects in copper and zinc. Reuters | February 28, 2024 | 1:48 pm
Australia considers tax credit for minerals processing, says industry group The government is considering a 10% production tax credit that would apply to companies developing processing facilities for critical minerals. Reuters | February 28, 2024 | 9:58 am
Bearish demand expectations challenge iron ore’s price resilience Prices have fallen by nearly 8% since the end of the Lunar New Year holiday in China. Reuters | February 28, 2024 | 8:34 am
Brazil’s President Lula says he will not discuss Vale’s CEO succession Brazil's government was reported by local media as trying to interfere in Vale's succession. Reuters | February 28, 2024 | 8:20 am
