Rusal to consider share buyback of up to $155 million The number and repurchase price of the shares have not been determined yet. Reuters | October 9, 2024 | 9:42 am
Column: Zinc facing supply deficit as mine output falls again A previously anticipated supply surplus of 56,000 tonnes has been updated to a 164,000-tonnes supply deficit. Reuters | October 9, 2024 | 8:04 am
Ranking the world’s top lithium producers Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers. Reuters | October 9, 2024 | 7:22 am
Sumitomo Metal forecasts widening global nickel supply surplus in 2025 According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia. Reuters | October 9, 2024 | 7:12 am
Festive hopes fade for India’s gold industry after price surge A rebound in gold prices to a record peak has dashed the Indian bullion industry's expectations of a lucrative festival season after their hopes were boosted by a deep cut in import duty two months ago to the lowest in a decade. Reuters | October 9, 2024 | 3:03 am
Zijin Mining buys Newmont’s Ghana gold project for $1 billion Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year. Reuters | October 8, 2024 | 10:59 pm
Vale swaps head of iron ore business Rogerio Nogueira, Vale's current director of product and business development, was appointed to fill the role on an interim basis. Reuters | October 8, 2024 | 2:12 pm
UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists. Reuters | October 8, 2024 | 11:11 am
Arcadium’s vast lithium portfolio lures Rio at the right time So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans. Reuters | October 8, 2024 | 10:22 am
Japan’s JX Advanced Metals files IPO application in Tokyo The metal company, which retains a 30% stake in Caserones, plans to remain in mining and smelting to secure essential metals. Reuters | October 8, 2024 | 9:23 am
Hindustan Zinc aims to switch to renewable energy in five-seven years More than 90% of the company's emissions come from thermal energy. Reuters | October 8, 2024 | 9:13 am
China is oversupplying lithium to eliminate rivals, US official says "That is an intentional response by the People's Republic of China to what we are trying to do" with the Inflation Reduction Act. Reuters | October 8, 2024 | 4:51 am
