Asia Top Stories

India’s Jammu and Kashmir lithium block gets no bids in second attempt

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons.

Reuters | July 3, 2024 | 10:04 am

Freeport Indonesia secures copper concentrate export permit

PT Freeport Indonesia has secured an export permit for copper concentrate for…

Reuters | July 3, 2024 | 7:55 am

Glencore scraps Kazzinc sale on shortage of bids

Glencore holds a 70% interest in Kazakhstan's mining company Kazzinc,…

Staff Writer | July 3, 2024 | 5:55 am

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western…

Reuters | July 2, 2024 | 3:59 pm

Freeport-McMoRan begins operations at new Indonesia copper smelter

PT Freeport Indonesia has received approval from the government to…

Staff Writer | July 2, 2024 | 12:29 pm

Indonesia, Vale agree price for divestment, minister says

Share 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 stake

Saddled with $6.4 billion in outstanding debt, Vedanta has been attempting to shore up its finances.

Reuters | February 15, 2024 | 7:14 am

Tycoon Birla’s Hindalco bids for Indian critical minerals leases

The government will sell rights to about 20 blocks of land to explore for critical metals.

Bloomberg News | February 14, 2024 | 10:36 am

Vedanta’s parent may sell $1 billion worth shares to GQG

Vedanta Resources is saddled with $6.4 billion in outstanding debt, including a $4.5 billion payment due by fiscal 2025.

Reuters | February 14, 2024 | 9:16 am

Indonesia names two Chinese nationals as suspects in nickel fire

One was a furnace supervisor at a different smelter in the park who had been seconded to Tsingshan’s facility, while the other was also employed by a different firm.

Bloomberg News | February 12, 2024 | 9:50 am

Jindal’s environment application for $2 billion mine refused

The company will appeal the decision within three weeks.

Bloomberg News | February 12, 2024 | 7:03 am

Trafigura delivers zinc to LME warehouses for lucrative rent deals

Zinc prices on the LME fell to $2,278 a ton on Monday, the lowest since August last year.

Reuters | February 12, 2024 | 7:00 am

Rio Tinto wrangles investors over water contamination claims

A group representing UK pension funds has raised concerns about the water management at Oyu Tolgoi.

Reuters | February 11, 2024 | 3:29 pm

Philippine landslide death toll climbs to 54

The landslide struck on Tuesday outside a gold mine in Maco town, burying homes and vehicles ferrying employees to the site operated by Apex Mining.

Reuters | February 10, 2024 | 9:32 pm

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