Trillions needed to achieve net-zero by 2050 — Wood MackenzieThe report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.Cecilia Jamasmie | October 29, 2024 | 6:47 am
Vale, Jinnan invest $627m in iron ore plant in OmanFacility in the port city of Sohar will process 18…Staff Writer | October 28, 2024 | 10:05 am
Korea Zinc attempts to fend off takeover with $1.5 billion share buybackKorea Zinc announced Monday it has secured a 9.85% stake…Reuters | October 28, 2024 | 1:48 am
Indonesia launches $941 million smelter-grade alumina refinery The production capacity of the refinery is 1 million metric tons of alumina per year. Reuters | September 24, 2024 | 11:16 am
Miners could lose 6.4% of spending to fraud — report Crowe's research shows implementing better fraud prevention practices could cut losses by up to 40% within 12 months. Staff Writer | September 24, 2024 | 9:39 am
At least 38 dead in Iran coal mine blast The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company. Reuters | September 23, 2024 | 7:54 am
Indonesia President inaugurates production of Freeport Indonesia’s copper smelter The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate. Reuters | September 23, 2024 | 7:14 am
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories. Reuters | September 20, 2024 | 7:33 am
US to award $3 billion to 25 projects for battery manufacturing sector Move will increase domestic production of advanced batteries and battery materials to shift their production away from China. Reuters | September 20, 2024 | 5:07 am
FATF asks for tighter checks on India’s precious metal deals The South Asian nation has about 175,000 businesses in this sector, but only some 9,500 are registered. Bloomberg News | September 19, 2024 | 8:56 am
Korea Zinc shares surge on speculation MBK to sweeten offer MBK is North Asia’s biggest private equity firm with $30 billion under management. Bloomberg News | September 19, 2024 | 8:39 am
Saudi Arabia targets control of Alba to bolster metals ambitions Ma'aden announced a series of deals this week involving Aluminium Bahrain. Bloomberg News | September 19, 2024 | 6:59 am