Rusal’s profit slumps on subdued prices despite higher sales The world's largest aluminum producer outside China reported an 84.3% slump in its annual profit on Friday. Reuters | March 14, 2024 | 6:22 pm
Argentine court in key lithium region halts new permits over environmental concerns The ruling involves the Los Patos River-Salar del Hombre Muerto area, where global lithium giant Arcadium Lithium has a project. Reuters | March 14, 2024 | 2:11 pm
Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo. Reuters | March 14, 2024 | 12:50 pm
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo. Reuters | March 14, 2024 | 10:52 am
Exxaro still keen on copper after Botswana setback Coal miner is considering potential deals to acquire copper and manganese assets as part of its diversification strategy. Reuters | March 14, 2024 | 6:54 am
China’s North Copper may curb production amid supply shortage The news comes as major Chinese smelters scramble to secure raw material supplies after their profit margins were hit by shortages of copper ore. Reuters | March 14, 2024 | 6:49 am
Russian diamond ban creates costly delays, Antwerp diamond dealers say Dealers say disruptions would further erode the competitive advantage of the centuries-old diamond trade. Reuters | March 14, 2024 | 6:45 am
Australia earmarks $550m for Arafura rare earths project The project will be Australia's third rare earths processing plant after Lynas' Kalgoorlie operations and Iluka Resource's Eneabba heavy rare earths plant. Reuters | March 13, 2024 | 5:25 pm
Albemarle to auction lithium as part of push for price transparency The first auction is planned for March 26. Reuters | March 13, 2024 | 5:24 pm
Rockfall at Australia gold mine kills one worker, injures another Emergency crews were called to the Ballarat gold mine in Mount Clear, about 100 km west of Melbourne. Reuters | March 13, 2024 | 3:48 pm
Polish court allows Turow coal mine to stay open for now Environmental groups have long criticized the environmental impact of the open-pit mine, and filed several lawsuits aimed at halting its operations. Reuters | March 13, 2024 | 2:55 pm
Guinea junta names new mines minister Bouna Sylla is former head of the state company that managed infrastructure projects on the giant Simandou iron ore project. Reuters | March 13, 2024 | 1:29 pm