Japan’s top steelmaker eyes $700 million ‘green steel’ project Australia and Brazil are among possible sites. Bloomberg News | March 3, 2023 | 7:38 am
Vale to turn Amazon mining waste into high-grade iron ore The company has started extracting scrap that had been dumped at a tailings dam at Carajas in northern Brazil since 1985. Bloomberg News | March 2, 2023 | 2:14 pm
Tesla comments spur plunge in China rare earth miner shares Citing health and environmental risks, Tesla said its next drive unit will use a permanent magnet motor that doesn’t use rare earths. Bloomberg News | March 2, 2023 | 8:18 am
Mining dealmakers set for year of hot M&A after monster gold bid Mergers and acquisitions will be top of mind at PDAC this year. Bloomberg News | March 2, 2023 | 8:07 am
Musk tamps down speculation that Tesla will mine lithium The “limiting factor” is refining lithium, not actually finding it, as no country has a monopoly on deposits, Musk said. Bloomberg News | March 1, 2023 | 4:44 pm
Goldman warns carmakers against buying miners: ‘It always end in tears’ Automakers have been pushing into mining more aggressively to lock in supply for batteries. Bloomberg News | March 1, 2023 | 8:59 am
Panama breakthrough adds to good news for global copper supplies The Cobre Panama mine accounts for about 1.5% of the world’s copper production. Bloomberg News | March 1, 2023 | 8:42 am
Carmaker investment gives McEwen Copper more time to go public In terms of the size of the copper unit’s IPO, McEwen said it will be determined by capital needs. Bloomberg News | February 28, 2023 | 10:19 am
Glencore ordered to pay $700 million by US judge in bribery case The penalty is part of the $1.5 billion Glencore agreed to pay to resolve bribery and market-manipulation probes in the US, UK and Brazil. Bloomberg News | February 28, 2023 | 9:30 am
China lithium miners restart after government investigation Some mines in one of China’s major lithium-production hubs have been allowed to restart. Bloomberg News | February 28, 2023 | 8:18 am
Quest for world’s biggest diamonds gives De Beers a headache To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds. Bloomberg News | February 28, 2023 | 8:04 am
Brookfield seeks $20 billion for next energy transition fund Brookfield’s plans deepen its low-carbon bet after raising $15 billion for its first Brookfield Global Transition Fund. Bloomberg News | February 27, 2023 | 3:16 pm
