Fortescue Metals appoints Christine Morris as CFO Most recently, Morris served as the finance chief of Maersk Drilling. Reuters | June 1, 2023 | 5:31 pm
Rio Tinto to invest $395 million in Pilbara desalination plant Construction is expected to start in 2024 and the facility will be operational and producing water in 2026. Reuters | June 1, 2023 | 5:23 pm
European Lithium signs deal with Obeikan Group for hydroxide processing plant in Saudi Arabia Facility to be developed to meet initial capacity based on company's supply agreement with BMW. Staff Writer | June 1, 2023 | 4:08 pm
Copper output dips in Chile for potential boost to demand-hit market Production in Chile fell more than 5% in April from the prior month and output was down 1% from a year ago. Bloomberg News | June 1, 2023 | 2:03 pm
Pimco says gold is overvalued now, but has long-term appeal Greg Sharenow, who manages a portfolio focused on energy and commodities, calls gold a 25-year duration asset. Bloomberg News | June 1, 2023 | 1:50 pm
Breaking down clean energy funding in the Inflation Reduction Act This infographic breaks down the $392.5 billion in clean energy and climate spending in the IRA. Visual Capitalist - Decarbonization Channel | June 1, 2023 | 12:31 pm
YMP Scholarship Fund offers 45 awards this year Applications for the 2023 Young Mining Professionals Scholarship Fund are now open for students in mining-related programs at Canadian post-secondary institutions. Norm Tollinsky | June 1, 2023 | 12:24 pm
New SINAMICS G220 high-performance, adjustable speed drive for greater efficiency, easier engineering, quicker setup and improved sustainability Siemens is launching a new high-performance drive to join the SINAMICS drives family and recently introduced it to the North American market. Siemens | June 1, 2023 | 12:02 pm
The world has a new no. 2 copper exporter Congo has been making huge strides thanks largely to the high-grade ore now being tapped by Ivanhoe Mines. Bloomberg News | June 1, 2023 | 11:39 am