Vedanta subsidiary Western Cluster plans $2bn Liberia investmentThe investment will spread over the next five years to fund the expansion of its iron ore operations.Reuters | June 13, 2024 | 10:27 am
Global nickel prices have probably hit a floor, says MacquarieMacquarie sees a market recovery driven by strong demand from…Reuters | June 13, 2024 | 7:20 am
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chainStable supply of critical minerals is considered crucial, as South…Reuters | June 12, 2024 | 7:30 am
US lukewarm on G7 Russian diamond ban after industry backlash Ban aims to curb another revenue stream for Russia. Reuters | May 17, 2024 | 7:21 am
Zijin Mining to produce 50% more copper by 2028 China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years. Cecilia Jamasmie | May 17, 2024 | 3:56 am
Tin prices may see further support from supply risks, rate cuts, analysts say BMI analysts increased their 2024 tin price forecast, but predicted prices could ease to around $26,000 to $32,000 a ton in the coming months. Reuters | May 16, 2024 | 9:32 am
Global coal phase-out to cost between $200 billion, $2 trillion – study Over $200 billion will be given as compensation to workers and local communities affected by coal phase-out programs globally. Staff Writer | May 16, 2024 | 5:38 am
Coal India, NMDC exploring lithium mines overseas The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas. Reuters | May 15, 2024 | 7:41 am
Vale Indonesia granted mining permit extension to 2035 Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership. Staff Writer | May 15, 2024 | 5:21 am
Korea Zinc sees US opportunities as it targets big copper growth The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023. Bloomberg News | May 14, 2024 | 9:08 am
Indonesia adds nickel parks worth nearly $40 billion to strategic plan The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries. Reuters | May 14, 2024 | 7:41 am
OceanaGold Philippines’ shares drop on market debut after IPO The gold and copper miner's IPO was to comply with a regulatory requirement for its operations in northern Philippines. Reuters | May 13, 2024 | 6:49 am