Glencore sweetens offer for Teck with $8.2bn cash incentive Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil. Cecilia Jamasmie | April 11, 2023 | 5:53 am
Copper-based solution captures CO2, stores it in the ocean An engineering researcher at Lehigh University has developed a novel way to capture carbon dioxide from the air. Staff Writer | April 11, 2023 | 5:05 am
Glencore to offer lithium batteries recycling services in Spain and Portugal It has partnered with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer battery recycling services. Cecilia Jamasmie | April 11, 2023 | 5:03 am
G-7 nations tussle over bid to phase out coal power by 2030 The EU, the US and Japan have expressed reservations about a UK proposal to phase out out domestic coal power generation by 2030. Bloomberg News | April 11, 2023 | 4:30 am
One of Teck Resources’ top investors backs separation plan Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote. Cecilia Jamasmie | April 11, 2023 | 3:26 am
OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court. Reuters | April 10, 2023 | 4:53 pm
Newmont plumps final bid for Newcrest to $19.5bn Newmont has raised its buyout offer by 16% to A$32 billion. Reuters | April 10, 2023 | 4:02 pm
Sigma Lithium to start production ‘within days’ after Brazilian approval Production is expected to slowly ramp up in coming months and hit an annual production rate of 270,000 tonnes of spodumene concentrate by July. Reuters | April 10, 2023 | 1:42 pm
Codelco renews clean energy contract with Canada’s Innergex Innergex owns 55% of Pampa Elvira Solar, which generates heat through solar thermal collectors to recover dissolved copper. Reuters | April 10, 2023 | 11:02 am
