Shandong Yulong Gold to buy Australia’s Barto for $188m in debt

Adani Group bought into the Queensland basin in 2010, followed a year later by GVK Group, with plans to ship thermal coal by the middle of the decade.

The deal confirms the company’s tenure of ~45,000 hectares of mining leases that cover the Olaroz – Cauchari Lithium Brine Project and the Paso Lithium Brine Project.

Copper ‘might be the easiest asset to work with:’ Lukas Lundin.

2017-2018 shipment volume and cost guidance was set last August in 9 million-10 million wet tonnes.

Prices for lithium have more than doubled in the past two years on forecasts for massive demand from the electric vehicle industry.

Potential buyers need to make a judgment that they will be able to increase the resources and reserves of any mine they buy.

South Korea's largest steel producer has acquired 4.8% stake in Pilbara Minerals, from which it will buy up to 240,000 tonnes of lithium concentrate per year.

If there is a trend at play here, it’s that diversified miners are the ones most likely to exit coal.

The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.