Japan finds over 200 million tonnes of battery metals in seabed

The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years).

Cecilia Jamasmie | June 25, 2024 | 4:09 am

Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia

Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia.

Reuters | June 24, 2024 | 10:43 am

Vedanta mulls first dollar bond sale of $500 million

The bond sale could climb to $1 billion depending on the response from investors, Bloomberg sources say.

Bloomberg News | June 24, 2024 | 9:35 am

Adani, Hindalco show interest as Hindustan Copper plans to develop two mines

Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand.

Reuters | June 24, 2024 | 7:23 am

India to auction 21 critical mineral blocks across more than six states

India has been auctioning critical mineral blocks since November as part of efforts towards a clean energy transition.

Reuters | June 24, 2024 | 6:48 am

Hedge funds’ bullish copper bets run into China’s slowdown

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

Bloomberg News | June 23, 2024 | 12:12 pm

OceanaGold halts operations at Didipio mine after worker death

The gold mine halted operations for 24 hours after an employee died near the paste plant.

Staff Writer | June 21, 2024 | 11:01 am

Mining M&A stokes coal race against cleaner power

Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.

Reuters | June 20, 2024 | 10:07 am

Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

Reuters | June 20, 2024 | 6:58 am

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Global green mining market to reach $16.9 billion by 2029 — report

Ma’aden to acquire over 20% stake in Aluminium Bahrain from SABIC

Sibanye considers sourcing nickel for French plant from New Caledonia’s Prony

Asian trader spars with broker over nixed London nickel trades

Vedanta alumina output unaffected after water breach

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