Mubadala says Emirates Global Aluminium IPO may happen this year

The Middle East’s biggest producer of aluminum may sell shares to the public as soon as the third quarter of 2023.

Bloomberg News | January 18, 2023 | 10:03 am

New solution aims to effectively monitor tailings facilities from space

Satellites, earth observation and ground sensors have been combined into one solution for monitoring tailings facilities.

Staff Writer | January 18, 2023 | 6:24 am

BASF, Eramet to finalize $2.6bn partnership on Indonesia nickel smelter

The partnership would build a hydro-metallurgical complex with an output capacity of 67,000 tonnes of nickel and 7,500 tonnes of cobalt per year.

Reuters | January 17, 2023 | 6:08 pm

Nickel Industries set to raise $471m to buy nickel assets

The company will also look to collaborate with Tsingshan Group.

Reuters | January 17, 2023 | 4:43 pm

Mega miners are hunting for deals after decade on the sidelines

The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle.

Bloomberg News | January 17, 2023 | 9:39 am

Barrick targets 2028 for first production from Reko Diq

Should all go to plan, Reko Diq will be the first copper-gold mine in the country’s Balochistan province.

Staff Writer | January 16, 2023 | 12:21 pm

Micro EV market expected to reach $180 billion within a decade — report

The market for electric two-, three-wheelers and microcars will reach around $180 billion by 2043, IDTechEx forecasts.

Staff Writer | January 15, 2023 | 8:23 am

Indonesia details plans to limit development of nickel smelters

Country will limit construction of nickel smelters to ensure new plants produce high-value products and follow green principles.

Reuters | January 13, 2023 | 8:45 am

Indian gold prices hit record high, dampening demand

Local gold futures rose to 56,245 rupees per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020.

Reuters | January 13, 2023 | 8:25 am

First

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Mitsubishi, Freeport completes copper smelter expansion in Indonesia

Billionaire Adani’s new copper foray to further tighten world’s ore supply

Rare earth mining growing in both China, Myanmar bordering regions

Gates, Bezos-backed KoBold Metals in four-continent quest for lithium

Iron ore price falls after China policy meet disappoints on stimulus

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