Rio Tinto cuts ties with Russian businesses over Ukraine war
The decision throws into doubt the future of Rio's aluminum joint venture with Rusal and an Irish refinery, key to Europe’s aluminum sector.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Russian fuel supply latest headache for Rio Tinto’s giant Mongolia copper expansion
“The reality is, Mongolia has two very big powerful neighbours, so it’s quite important for us to maintain healthy, peaceful, balanced relationships.”
Fresnillo’s results reflect impact of Mexico outsourcing ban
Covid-triggered staff absences and the country’s labour reform restricting the ability to subcontract workers, weighed on production.
De Beers latest sale shows diamond demand remains strong
The world’s top diamond producer by value sold $650 million worth of roughs in the second cycle, 18% more than in the same period last year.
Sibanye-Stillwater faces fresh strikes at gold mines
Most unionized workers at the company's Driefontein, Kloof and Beatrix gold mines will go on strike from Wednesday after wage talks failed.
Strike forces Excellon Resources to halt Mexican silver mine
Unionized workers at La Platosa silver mine in Durango have walked off the job after collective bargaining talks broke down.
Brookfield scraps plan to buy Australia’s top energy provider
The Canadian asset firm and billionaire Mike Cannon-Brookes’ Grok Ventures have dropped their joint bid to acquire AGL Energy.
Chile a step closer to nationalizing copper and lithium
The assembly writing the country’s new Constitution has approved an early-stage proposal that opens the door to the sector's nationalization.
Tesla’s German gigafactory gets conditional green light
The $5.5 billion plant, located outside Berlin, is expected to boost the carmaker's market share in Europe’s fast-growing EV sector.
Alrosa suspends Natural Diamond Council membership
Alrosa is responsible for 90% of Russia’s diamond production and 28% of global supply.
US widens lead over Europe in critical minerals race: WSJ
US critical minerals spending is outpacing Europe, raising fears EU manufacturers may stay reliant on China for key raw materials.