Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.

Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed.

Company said that it would endorse resolutions to set targets for cutting carbon emissions and take tougher measures against lobby groups that do not follow its climate change goals.

A project for a dedicated iron ore port with a capacity of up to 560 million tonnes per year is advancing in the north of Brazil.

State-owned company will suspend copper mining for two weeks from Friday because of a steep rise in coronavirus infections in the South Pacific nation.

The miner is set to start exploration at its Murdie project in South Australia this week.

Japanese trading house has agreed to buy a 30% stake in the Aurukun project in Australia.