Anglo American to sell two assets to Taurus Funds for up to $195 million Anglo plans to divest less profitable assets and focus on expanding copper output. Reuters | July 22, 2024 | 7:01 am
Lynas Rare Earths signs contracts for Mt Weld power station The hybrid power station is expected to reduce greenhouse gas emissions by about 60,000 tonnes of CO2-equivalent. Reuters | July 22, 2024 | 6:57 am
Amplats says on track to demerge in 2025, plans secondary London listing Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger. Reuters | July 22, 2024 | 6:55 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
Karora shareholders back Westgold merger The only step remaining to create a 400,000+ ounces-per-year gold miner in Western Australian is Canadian court approval. Staff Writer | July 22, 2024 | 3:28 am
Singaporean consortium secures $850m for South32’s Australian coking coal South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion. Reuters | July 21, 2024 | 4:25 pm
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
BHP hires former Australian state leader for Washington role Dominic Perrottet, the former leader of New South Wales, will serve as a US government and external affairs liaison. Reuters | July 21, 2024 | 12:16 pm