Ontario Teachers’ bid for lithium stake on hold after lawsuit Ontario Teachers’ Pension Plan was nearing a deal to buy a bundle of battery metals royalties from New York-based Orion Resource Partners. Bloomberg News | September 26, 2023 | 11:27 am
Czech tycoon backs Coronado’s coal expansion in Australia, US Coronado has expansion options including developments in Queensland, Australia and at Mon Valley in southwest Pennsylvania. Bloomberg News | September 26, 2023 | 9:48 am
China scoops up cheap Indian iron ore in bid to trim steel costs Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits. Bloomberg News | September 26, 2023 | 8:17 am
Congo plans new copper-cobalt smelter to serve informal miners The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million. Bloomberg News | September 26, 2023 | 7:54 am
Alcoa names new CEO in abrupt change as Harvey exits William Oplinger, chief operations officer, is the natural successor. Bloomberg News | September 25, 2023 | 4:02 pm
Panama union workers block highways over First Quantum copper mine contract The contract is under discussion in Panama’s legislative commerce committee. Bloomberg News | September 25, 2023 | 3:14 pm
Yet more coal mining deaths test Beijing’s ability to balance safety with energy security China recorded its second-worst coal mine accident this year, after a fire at a conveyor belt killed 16. Bloomberg News | September 25, 2023 | 7:08 am
Chinese gold buying is driving a paradigm shift in bullion As inflation-adjusted rates soared this year to the highest since the financial crisis, bullion has barely blinked. Bloomberg News | September 24, 2023 | 10:40 am
Glencore-backed zinc miner is getting crushed in the debt market Volcan Cia Minera’s dollar-denominated notes closed as low as 49.5 cents on the dollar last week. Bloomberg News | September 22, 2023 | 2:24 pm
US Steel draws interest from small Canadian rival it once owned Stelco is in talks with a potential partner on its bid, Bloomberg sources say. Bloomberg News | September 22, 2023 | 1:47 pm
US says it can’t cut China out of critical minerals supply chain China’s key role in the processing of raw minerals means it will remain a key partner, says Jose Fernandez, the US under secretary for economic growth and the environment. Bloomberg News | September 22, 2023 | 12:13 pm
Largest asteroid sample ever collected is coming down to Earth OSIRIS-REx could also help inform future missions to asteroids — perhaps even ones to mine these rocks for resources. Bloomberg News | September 22, 2023 | 11:04 am