Vale Base Metals appoints mining veteran Shaun Usmar as CEO Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals. Cecilia Jamasmie | July 23, 2024 | 3:49 am
Vale to open new copper-nickel mine in Ontario The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury. Staff Writer | July 22, 2024 | 11:18 am
Anglo American shrinks trading unit as part of major restructuring The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce. Bloomberg News | July 22, 2024 | 10:37 am
Indonesia launches nickel, tin online tracking system The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals. Reuters | July 22, 2024 | 9:19 am
Western miners push for higher metals prices to ward off Chinese rivals Industry leaders have pushed for two pricing structures for several years. Reuters | July 22, 2024 | 8:10 am
CleanTech produces battery-grade lithium in first phase of DLE pilot It achieved a lithium recovery rate of about 95% from the brine, with a total recovery of 88%. Cecilia Jamasmie | July 22, 2024 | 5:23 am
With no recovery in sight, lithium prices force miners to reevaluate output The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022. Bloomberg News | July 21, 2024 | 4:17 pm
South32 tumbles after $818 million alumina, nickel writedown Copper production for the three months to June 30 also fell 14% from the year before. Bloomberg News | July 21, 2024 | 4:11 pm
Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium. Reuters | July 21, 2024 | 9:41 am
