Greenland rejects Energy Transition’s alternate licence proposal in draft decision Formerly Greenland Minerals, Energy Transition has been fighting for an exploration licence since late 2021. Reuters | August 3, 2023 | 3:45 pm
MP Materials profit beats, starts some rare earths refining The company posted second-quarter net income of $7.4 million, compared to $73.3 million in the year-ago quarter. Reuters | August 3, 2023 | 1:15 pm
China Baowu wants new models of cooperation with Vale The world's largest steelmaker hopes to keep a stable iron ore supply with a reasonable price. Reuters | August 3, 2023 | 10:26 am
Tin price rises on confirmation of mining ban in Myanmar The Wa region is estimated to have accounted for over 70% of Myanmar's tin production in 2022. Reuters | August 3, 2023 | 6:56 am
Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment. Reuters | August 3, 2023 | 6:47 am
China nickel producers look to London exchange in dash for profit Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer. Reuters | August 3, 2023 | 6:41 am
Iron ore price slump widens as China demand concerns mount Flooding in Hebei from record rainfall added to market worries about local steel production. Reuters | August 3, 2023 | 6:17 am
Global copper smelting ticked higher in July, but China slid Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity. Reuters | August 3, 2023 | 6:12 am
Albemarle jumps into global race to reinvent lithium production A successful move into the DLE sector would likely cement Albemarle's dominance in the fast-growing industry. Reuters | August 3, 2023 | 6:00 am
UK start-up ties up with Australian MinRes to cut iron ore emissions Making pellets accounts for about 15% of steel industry emissions. Reuters | August 3, 2023 | 5:56 am
Myanmar tin ban in Wa region may cut China’s smelter output in H2 China sources over half of its import needs in tin concentrate from Myanmar. Reuters | August 3, 2023 | 5:51 am
Liontown agrees to deliver lithium direct shipping ore product DSO, which is a relatively unprocessed ore and is easier to produce, is expected to provide an early source of revenue for the company. Reuters | August 2, 2023 | 5:56 pm