Iron ore price slips after China reiterates steel output control
In April, China's state planner said the government will continue to manage crude steel output in 2024.
In April, China's state planner said the government will continue to manage crude steel output in 2024.
The value of deals in the industry declined 12.5% to $74.2 billion this year.
A deeper copper price correction is likely and a new report makes predictions of $40,000/t seem even sillier than they were a week ago.
Sibanye issued the convertible bonds in November last year, partly to fund the $156 million acquisition of a US-based recycling business.
Construction of the plant is projected to take approximately 12-15 months, with start of operations targeted for late 2025.
The start of drilling marks the launch of Canada's first commercial lithium production plant, the miner said.
The partnership is part of BHP and Rio Tinto’s larger efforts to lower their operational emissions and reach net zero by 2050.
Chile will launch a public consultation to modify Supreme Decree No. 248, which regulates tailings deposit design, construction, operation and closure.
A new IDTechEx report notes that large EV batteries and innovative fast-charging methods are driving the adoption of electric and autonomous mining vehicles.
Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation.