Glencore to stop funding troubled New Caledonia nickel plant

New Caledonia has some of the world’s largest reserves of the metal, but its three smelters have faced years of losses linked to high costs and social unrest.

Reuters | September 27, 2023 | 7:38 am

K92 extends Trafigura partnership with $100 million loan, longer offtake

The company expects first drawdown to occur in early to mid-Q4 2023.

Staff Writer | September 26, 2023 | 9:27 am

CarbonScape gets $18 million cash injection to deliver biographite to Europe, US

New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries.

Staff Writer | September 26, 2023 | 6:25 am

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.

Colin McClelland | September 20, 2023 | 1:46 pm

Rinehart’s Hancock Prospecting takes major stake in Liontown

Australian billionaire Gina Rinehart has positioned herself as the kingmaker in Albemarle’s $4.3bn takeover bid for Liontown Resources.

Cecilia Jamasmie | September 11, 2023 | 3:51 am

Fortescue CFO leaves three days after CEO’s departure

Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.

Cecilia Jamasmie | August 31, 2023 | 3:52 am

BHP mulls taking Escondida underground

BHP is studying ways to offset an expected drop in copper grades in Chile, including a new concentrator and taking Escondida underground.

Cecilia Jamasmie | August 30, 2023 | 3:55 am

Rio Tinto-First Quantum JV to develop massive copper project in Peru

La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal.

Cecilia Jamasmie | August 29, 2023 | 3:50 am

Fortescue CEO Fiona Hick’s sudden departure raises eyebrows

The exit of Fiona Hick, who held the post for less than six months, has been both "friendly and mutual", according to FMG.

Cecilia Jamasmie | August 28, 2023 | 4:01 am

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Freeport Resources seeks partners for Yandera copper project feasibility study

K92 ordered to temporarily suspend mining following worker death

UN deep-sea mining body considering expelling Greenpeace

Industry executives expect the world to reach net zero by 2060 – report

OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t

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