Saudi Arabia to attract investments worth $32 billion in mining, minerals sector Country is currently studying 145 applications for exploration licenses from foreign companies. Reuters | May 6, 2022 | 8:05 am
‘Bad boys’ are back: India doubles down on coal as heatwave worsens power crisis Country is planning to reopen more than 100 coal mines previously considered financially unsustainable. Reuters | May 6, 2022 | 7:01 am
‘The Rock’, a record-setting white diamond, goes up for auction The 228.31 carat pear-shaped stone roughly the size of a golf ball is expected to sell for up to $30 million. Reuters | May 6, 2022 | 6:56 am
Chile’s parched mines race for an increasingly scarce commodity: water A record-breaking drought in Chile is impacting mining operations and forcing companies to escalate their search for more sources of water. Reuters | May 6, 2022 | 5:12 am
Volkswagen boosts electric car investment in Spain to $10.6 billion The company also announced a partnership deal with Spain's largest power utility Iberdrola. Reuters | May 5, 2022 | 9:30 pm
Vulcan mining unit shut down by Mexican authorities Mexican President Andres Manuel Lopez Obrador has previously criticized Vulcan's "destruction" of the area. Reuters | May 5, 2022 | 8:34 pm
Semcorp to invest $916 million to make EV battery components in Ohio The facility will make separator film for lithium-ion batteries. Reuters | May 5, 2022 | 1:54 pm
FLSmidth expects no revenue in Russia beyond 2022 FLSmidth generated revenue of around 380 million Danish crowns ($54.1 million) in Russia in the first quarter. Reuters | May 5, 2022 | 7:20 am
Russia’s Potanin dodges politics and sanctions to flourish So far, at least, "Nickel King" Vladimir Potanin is Russia's ultimate survivor. Reuters | May 5, 2022 | 7:17 am
Rio Tinto keen for talks to revive Jadar lithium project in Serbia Serbia blocked mine after mass environmental protests. Reuters | May 5, 2022 | 7:12 am
Albemarle raises annual outlook on surging lithium prices Quarterly profit more than doubled. Reuters | May 4, 2022 | 3:54 pm
Canada in ‘active discussions’ with EV supply chain companies – minister There are "very active discussions with a number of players" to develop an EV supply chain, Industry Minister Francois-Philippe Champagne said in an interview. Reuters | May 4, 2022 | 10:15 am