Phasing out coal in some places may increase consumption in others – study Countries phasing out coal from electricity risk pushing the excess supply into other industries or other countries. Staff Writer | February 8, 2023 | 5:05 am
Australia rejects first coal mine under environmental law Country has blocked a major mine proposed near the Great Barrier Reef under environmental laws. Bloomberg News | February 8, 2023 | 4:54 am
The biggest source of cobalt outside Africa is now Indonesia Production of the battery material in the Southeast Asian country surged past others including Russia and Australia. Bloomberg News | February 8, 2023 | 4:41 am
Amplats says payouts to decline as South Africa power outages hit The power outages could cut South Africa’s output of platinum-group metals by a fifth this year. Bloomberg News | February 8, 2023 | 4:34 am
Sumitomo Metal raises FY profit forecast on higher prices Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold. Reuters | February 8, 2023 | 4:25 am
Microsoft calls for ‘coalition’ to improve Congo’s informal cobalt mines Microsoft executives visited an artisanal cobalt mine in Democratic Republic of Congo in December. Reuters | February 8, 2023 | 4:19 am
Glencore reopens Peru copper mine with extra security Antapaccay, one of Peru's largest mines, remained shut for 11 days on security concerns following violent attacks by locals. Cecilia Jamasmie | February 8, 2023 | 3:41 am
Fortescue inks deal for Gabon iron ore mine; project to start mid 2023 Fortescue has been assessing the Belinga iron ore project since 2018. Reuters | February 7, 2023 | 3:24 pm
Congo’s president wants new exploration for green energy metals “The goal is to discover new deposits that can be the subject of calls for bids, with a view to concluding mutually profitable public-private partnerships,” Felix Tshisekedi said. Bloomberg News | February 7, 2023 | 12:10 pm