Fortescue shareholders vote against remuneration report The board had approved special remuneration payments of A$1.98 million to former chief executive Elizabeth Gaines and A$1 million to CFO Ian Wells. Reuters | November 21, 2023 | 9:32 am
Platinum market faces smaller deficit in 2024, WPIC says Demand for platinum is expected to decline by 6% to 7.7 million troy ounces in 2024. Reuters | November 21, 2023 | 9:11 am
Nickel to get boost from commodity index re-balancing in January Nickel is likely to see a surge of buying before and during an annual re-balancing in January of commodity indexes. Reuters | November 21, 2023 | 9:04 am
Lithium refiner Stardust Power to go public via $490m blank-check deal The company said it is planning to construct a lithium refining facility located in Greater Tulsa, Oklahoma. Reuters | November 21, 2023 | 8:42 am
Fortescue approves $750 million investment for three green projects About $550 million will be used for developing an electrolyser and liquefaction facility in Phoenix. Reuters | November 20, 2023 | 3:45 pm
MMG seals $1.9bn deal to buy Khoemacau copper mine in Botswana MMG has been hunting for copper assets for more than a year, amid a surge in demand for the metal needed in green energy transition. Reuters | November 20, 2023 | 3:41 pm
Liberia’s President-elect Boakai to review mining concessions The West African country has rich mineral reserves of diamonds, gold and iron ore. Reuters | November 20, 2023 | 12:49 pm
Column: Indonesia’s American EV dreams shunted into the slow lane Chinese companies have been the drivers of Indonesia's ascent to the world's top nickel producer. Reuters | November 20, 2023 | 8:50 am
Canada’s support for EV battery plants to cost 16% more than announced, watchdog finds The total cost of government support for three projects is estimated to be C$43.6 billion over ten years. Reuters | November 20, 2023 | 8:26 am
Rio Tinto to pay $28 million fine to settle US SEC fraud case The defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique. Reuters | November 20, 2023 | 8:19 am
BHP train drivers to start ‘restrained’ industrial action on Friday Worries about a strike had lent support to iron ore prices, which are trading at the highest levels since February. Reuters | November 20, 2023 | 8:10 am
Kremlin, facing diamond ban, says EU sanctions have ‘boomerang effect’ EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1. Reuters | November 20, 2023 | 8:04 am
