Indonesia, Vale agree price for divestment, minister saysShare divestment is a condition required by authorities to extend Vale Indonesia's mining permit, which will otherwise end in 2025.Reuters | February 16, 2024 | 7:59 am
Vedanta’s parent sells $209 million stakeSaddled with $6.4 billion in outstanding debt, Vedanta has been…Reuters | February 15, 2024 | 7:14 am
Vedanta’s parent may sell $1 billion worth shares to GQGVedanta Resources is saddled with $6.4 billion in outstanding debt,…Reuters | February 14, 2024 | 9:16 am
Global markets brace for more volatility amid Israel conflict Gold surged by the most since March on Friday. Bloomberg News | October 15, 2023 | 10:52 am
Iron ore price struggles for direction as traders assess China demand Hopes of additional economic stimulus by Beijing helped limit losses. Reuters | October 13, 2023 | 2:27 pm
Indonesian tycoon said to weigh selling gold miner Archi Founded in 2009, Archi is one of the biggest pure-play gold producers in Indonesia and Southeast Asia. Bloomberg News | October 13, 2023 | 10:12 am
Adani Group inflated coal import price between 2019 and 2021 — Financial Times According to FT, Adani utilized offshore intermediaries to import $5 billion worth of coal, with prices at times exceeding double the market rate. Staff Writer | October 12, 2023 | 9:34 am
Lithium heavyweight Chile woos Japan to develop local industry Chile says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to lithium. Bloomberg News | October 12, 2023 | 6:57 am
X-Batt and Consol collaborate on coal-based battery tech Researchers emphasized that many mines set to close soon don't have plans for future operations or transitioning to a post-coal economy. Henry Lazenby | October 11, 2023 | 11:35 am
Gold price slump may boost demand from India’s festive shoppers Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market. Bloomberg News | October 11, 2023 | 10:42 am
India sets lithium mining royalty at 3% of LME prices The government also set the royalty for niobium at 3% of the average sale price, and for rare earth elements at 1% of the average sale price of rare earth oxide. Reuters | October 11, 2023 | 7:43 am
Freeport seeks to extend permit for exporting Indonesian copper Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May. Bloomberg News | October 10, 2023 | 10:12 am