Liontown stock dives after bid collapse, emergency fund raising

The shares fell as much as 35% at the open in Sydney.

Bloomberg News | October 19, 2023 | 6:10 pm

Rio Tinto to up production capacity at Gudai-Darri, its newest iron ore mine

The world’s biggest iron ore producer shipped 83.9 Mt from its Pilbara operations in the three months ended Sept. 30.

Staff Writer | October 19, 2023 | 3:45 pm

Lynas announces planned shutdown of Malaysia operations

The company also reported a 21.8% fall in first-quarter revenue.

Reuters | October 19, 2023 | 2:56 pm

Indonesian copper-gold company storms ranking of world’s 50 most valuable mining stocks

Amid a wider slump, MINING.COM’s ranking was lit up by newcomer Amman Minerals, which now sits just outside the top 10 after minting at least six new billionaires since its July IPO.

Frik Els | October 19, 2023 | 2:54 pm

Liontown secures $713 million for Kathleen Valley lithium project

The project remains on track to begin production in mid-2024, the company said.

Reuters | October 19, 2023 | 9:05 am

Alcoa starts job cuts at alumina refinery in Western Australia

The company said it has “initiated a restructuring program” at the Kwinana alumina refinery located near Perth.

Bloomberg News | October 18, 2023 | 3:15 pm

BHP CEO says ‘ship has sailed’ on potential acquisition of Canada’s Nutrien

The world’s biggest mining company is concentrated on building its own potash business instead.

Niall McGee - The Globe and Mail | October 18, 2023 | 10:49 am

Rio Tinto aims to add more iron ore with stronger China outlook

The producer will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia’s Pilbara region.

Bloomberg News | October 18, 2023 | 10:25 am

Paladin becomes sole owner of Michelin uranium project

With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada.

Cecilia Jamasmie | October 18, 2023 | 6:09 am

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US court approves land swap for Rio’s Arizona copper mine

Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile, Australia

Syrah Resources inks offtake deal with Posco Future M

BHP launches major worldwide restructuring, AFR reports

South32 to sell Illawarra project for $1.65 billion

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