Mining billionaire who banned work from home targets coffee runs Mineral Resources chief Chris Ellison’s office policy is something of an outlier in Australia. Bloomberg News | August 29, 2024 | 11:53 am
Zambia plans state firm to own 30% of critical minerals mines The government also intends to make investors in the critical minerals sector allocate at least 35% of procurement costs to local suppliers. Bloomberg News | August 29, 2024 | 10:40 am
Lithium bust spurs Ganfeng to delay project capex as losses hit The Chinese company said it will strictly control spending on future projects. Bloomberg News | August 29, 2024 | 10:06 am
Iron ore’s ‘irrational’ rally past $100 triggers warning from Chinese media Iron ore has jumped by about 10% in 10 days. Bloomberg News | August 29, 2024 | 6:54 am
Lithium startups bet on high demand in battery-powered future A new crop of startups are working on novel ways of producing the valuable metal. Bloomberg News | August 29, 2024 | 6:49 am
Nippon Steel boosts M&A case with $1.3 billion spend at US mills The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works. Bloomberg News | August 28, 2024 | 2:51 pm
Vale’s new CEO to focus on boosting iron ore despite weak demand Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton. Bloomberg News | August 28, 2024 | 11:19 am
Jiangxi Copper sees no respite from ore shortage that’s hit fees The company expects a global shortage of ore to extend into the second half. Bloomberg News | August 28, 2024 | 7:27 am
First Quantum seeks damages for copper trapped at Panama mine The material, worth between $225 million and $340 million at current copper prices, has sat idle for months. Bloomberg News | August 27, 2024 | 1:59 pm
Goldman Sachs analysis sheds light on rise of commodities in ESG Analysts have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG. Bloomberg News | August 27, 2024 | 1:05 pm
Zijin to miss lithium output target and control pace of projects In response to the plunge in prices, the company in May revised next year’s lithium target lower by 20,000 tons to 100,000 tons. Bloomberg News | August 27, 2024 | 11:18 am
Polish miner gets renewable reality check in record write-off Bogdanka, controlled by state-run utility Enea SA, said the $305 million provision comes amid “dynamic changes” on the domestic coal market. Bloomberg News | August 27, 2024 | 10:34 am
