Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor

Company expects its half-year profit to fall by as much as 53% due to weaker PGM prices and lower output from its US operations.

The company has more than doubled its planned drilling at the Boumadine polymetallic project.

Piedmont said it will provide a further $70 million toward the Ewoyaa development capital to acquire a total 50% stake.

Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023.

The company will supply about 90% of the product from the project to BTR under the three-year agreement.

A legal firm is seeking relief for miners who have worked at the operations since 1965 and their descendants.

Canmax had moved to terminate the deal in June after Premier failed to start delivering the lithium concentrate as promised.

Syrah offers one of the few non-Chinese options for those seeking graphite material through its mine in Mozambique.

Surging supplies of cobalt from Indonesia and Africa are forecast to outpace demand from EVs.