Avalon enters $11 million funding agreement for lithium processing facility The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks. Staff Writer | March 18, 2024 | 7:53 am
Indonesia says Vale to build another $2bn HPAL plant PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island. Reuters | March 18, 2024 | 7:38 am
China coal output posts first decline since Beijing ordered more Coal production dropped 4.2% from a year earlier for January and February combined, the first year-on-year decline since September 2021. Bloomberg News | March 18, 2024 | 7:28 am
Put sanctions on Russian-origin aluminum, not on Rusal, industry group says So far, sanctions have not been imposed, but they are still on the agenda in the EU. Reuters | March 18, 2024 | 7:23 am
Thungela sets higher coal output target as it seeks more assets The newly acquired Ensham mine is forecast to ramp up output to about 4 million tons by 2026 from 2.9 million tons last year. Reuters | March 18, 2024 | 6:37 am
Iron ore price rebounds on upbeat China data, lower shipments Total shipments from top producers Australia and Brazil dropped 12.5% week-on-week in the week ended March 18. Reuters | March 18, 2024 | 6:29 am
Widjaja family’s consortium seeks private credit for mine deal A consortium led by Golden Energy is sounding out private credit funds to finance its $1.65 billion acquisition of South32's Illawarra coal operation in Australia. Bloomberg News | March 18, 2024 | 6:24 am
Boliden to invest $463m at Swedish copper smelter This will push production of copper cathodes and precious metals up to full capacity in the second half of 2026 at the Ronnskar facility. Reuters | March 18, 2024 | 6:13 am
American Rare Earths says scoping study confirms potential of Wyoming project The independent report highlights a 3 million tonnes per annum operation with a payback period of 2.9 years. Staff Writer | March 18, 2024 | 5:19 am
