Rio Tinto lifts force majeure for Australian alumina exports Rio had declared force majeure on third-party contracts in May after an incident limited its supplies of natural gas. Bloomberg News | November 25, 2024 | 7:11 am
Rusal to cut aluminum output by 6% Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices. Reuters | November 25, 2024 | 7:03 am
MinRes founder Ellison steps down as Delta Lithium chair Ellison is to exit MinRes within 18 months but his exit from Delta Lithium is with immediate effect. Reuters | November 25, 2024 | 6:58 am
Rio Tinto-backed lithium tech startup set to raise second round of funds ElectraLith is developing a filtration technology that can extract lithium from brine deposits without using water or chemicals. Reuters | November 25, 2024 | 6:49 am
Hummingbird shares plummet on Kouroussa missed targets The mine’s four-week trailing average production reached almost 1,900 ounces, below the 2,000 to 2,500 ounces range Hummingbird expected. Staff Writer | November 25, 2024 | 5:15 am
Anglo American sells coal assets to Peabody for $3.8bn The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP. Cecilia Jamasmie | November 25, 2024 | 3:53 am
Australia to propose tax incentives for critical minerals The proposed law will set up a tax incentive worth 10% of relevant processing and refining costs for 31 critical minerals. Reuters | November 24, 2024 | 3:25 pm
Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend. Staff Writer | November 24, 2024 | 10:05 am
Adani’s Australian coal unit faces human rights complaint The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine. Reuters | November 23, 2024 | 3:24 pm
