MP Materials awarded $58.5 million tax credit for Texas rare earth magnet factory

The manufacturing facility would have the capacity to produce approximately 1,000 tonnes of NdFeB magnets per year.

Staff Writer | April 1, 2024 | 8:18 am

Russia halts rescue operation for 13 trapped miners

The miners were trapped by a rock fall at the Pioneer gold mine.

Reuters | April 1, 2024 | 7:45 am

Iron ore price swings near $100 as traders mull fragile China recovery

Disappointment over demand has coincided with a period of relatively abundant supply.

Bloomberg News | April 1, 2024 | 7:23 am

Volt Lithium’s cost cuts help Alberta project weather metal price crash

The company has cut nearly two-thirds of its lithium production cost.

Colin McClelland | April 1, 2024 | 6:47 am

Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study

Cornell University researchers found that pairing cryptocurrency mining with green hydrogen could provide the foundation for wider deployment of renewable energy.

Staff Writer | April 1, 2024 | 6:06 am

Gold price hits another all-time high as Fed-fuelled rally continues

A host of positive drivers have pushed up bullion by around 14% since the middle of February.

Staff Writer | April 1, 2024 | 5:51 am

Chile’s mining production up 7.7% in February

Following one of the most challenging periods for miners in Chile in years, the country’s industry is finally picking up.

Staff Writer | April 1, 2024 | 5:09 am

Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte

Meanwhile, it is still awaiting a new special mining permit for its operations beyond 2025.

Reuters | April 1, 2024 | 4:26 am

Mitsubishi Materials sees H1 copper output up 1.8% y/y

The Japanese copper smelter said it planned to produce 224,094 tonnes of refined copper in the first half.

Reuters | April 1, 2024 | 4:02 am

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