PIF, Mitsui eye stake in Vale’s base metals business

Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.

Bloomberg News | November 1, 2022 | 8:53 am

Saudi Arabia courts Australian miners for $170 billion plan

The kingdom says it’s sitting on top of $1.3 trillion worth of untapped mineral deposits including copper, zinc, phosphates, and gold.

Bloomberg News | November 1, 2022 | 8:08 am

Vedanta expects revenue to jump to $50 billion in two years’ time – chairman

Vedanta reported $16.05 billion in revenues in the fiscal year that ended in March.

Reuters | November 1, 2022 | 7:56 am

Vale to study implementing ‘mega hubs’ in Middle East countries

Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.

Reuters | November 1, 2022 | 7:37 am

Stretchable lithium-ion battery packaging developed to give wearable devices a boost

The solution brings wearable devices closer to becoming more feasible, opening up opportunities in the medical field.

Staff Writer | November 1, 2022 | 5:05 am

Record central bank buying lifts global gold demand, WGC says

Buying by central banks in the third quarter took their purchases for the year to 673 tonnes, more than the total purchases in any full year since 1967.

Reuters | October 31, 2022 | 5:48 pm

Japan looks 6,000 meters under the sea for rare earths to counter China

The government intends to start developing the methods necessary to extract the elements near the Ogasawara islands, according to the Yomiuri newspaper.

Bloomberg News | October 31, 2022 | 7:48 am

Saudi Arabia to auction five new mining exploration licenses in 2023

The government estimates the kingdom's unused mineral resources to be valued at $1.33-trillion.

Reuters | October 31, 2022 | 7:35 am

Next-gen electrolytes may give lithium metal batteries a boost

Researchers have discovered a new mechanism to stabilize the lithium metal electrode and electrolyte in lithium metal batteries.

Staff Writer | October 31, 2022 | 6:06 am

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Indonesia’s high-grade nickel ore reserves may be depleted in 6 years

Researchers figure out efficient way to produce key ingredient in Li-ion batteries

Vietnam arrests rare earth industry officials, casting shadow over plans to rival China

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

Battery makers hunt for graphite ahead of China controls

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