Indonesia to trace nickel in bid for US critical minerals deal

The country accounted for almost 5% of global production of the battery material in 2022.

JX Nippon Mining & Metals is the majority owner of Chile’s Caserones copper mine.

Miners are scrambling to develop projects.  

The project is expected to provide SSR Mining with approximately 80,000 attributable gold-equivalent ounces.

This transaction, says Steppe, would create "a leading junior gold producer with significant near-term growth."

Coal India reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages. 

Lynas has an additional six months to get its rare earth plant in line with environmental requirements.

Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. 

Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity.