BHP iron ore output beats, copper production edges up on better grades at Escondida The global miner completed the debottlenecking work at the port at its Western Australia operations, boosting iron ore output. Reuters | October 16, 2024 | 3:02 pm
Atlas Materials, 6K Energy sign processing and refining MOU to develop EV battery supply chain US-based Atlas last year raised $27 million for its nickel technology and said it aims to launch production at sites in Canada or the US by 2027 at commercial scale. Staff Writer | October 16, 2024 | 2:26 pm
Peru’s August copper output jumps 11% after five-month decline Peru produced more in August largely thanks to Glencore's Antamina, which produced 26.5% more of the red metal year-on-year. Reuters | October 16, 2024 | 1:49 pm
Serbian protestors rally to oppose Rio Tinto’s lithium mine project In 2022, the Serbian government revoked licenses for Rio Tinto's Jadar project near Loznica following mass protests by environmental groups. Reuters | October 16, 2024 | 1:35 pm
Alcoa, Ignis close to signing joint funding deal for Spain aluminum plant Under the proposed deal, Alcoa would contribute 75 million euros and Ignis would make an initial investment of 25 million euros. Reuters | October 16, 2024 | 1:19 pm
NEGx Minerals to raise $127 million for projects in South America Net proceeds will be used predominantly used towards furthering exploration at the 100%-owned Lunahuasi epithermal project. Staff Writer | October 16, 2024 | 11:24 am
World’s top two iron ore miners raise output even as China slows Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018. Bloomberg News | October 16, 2024 | 10:20 am
Aclara advances rare earth separation technology With the technology, Aclara aims to produce high-purity mixed rare earth concentrate from its Penco Module in Chile and Carina project in Brazil. Staff Writer | October 16, 2024 | 10:10 am
Gold price momentum continues as industry predicts 10% upside Gold's strong momentum continued as US Treasury yields dropped to the lowest in a week. Staff Writer | October 16, 2024 | 9:57 am