July 31, 2024

Tumbling lithium prices push Albemarle to fresh round of cost cuts

To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October.

July 31, 2024

Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact

Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. 

July 31, 2024

London lags in mining listings as rivals surge

The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.

July 31, 2024

BHP says iron ore supply not affected by minor rail car incident

According to the company, two cars derailed at a railyard near Port Hedland in Western Australia.

July 31, 2024

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

July 30, 2024

Codelco working very hard to boost copper output, CEO says

He added that Saudi Arabia mining officials who he met with the day before showed interest in Codelco's Maricunga lithium project.

July 30, 2024

Rio Tinto half-year profit meets estimates, expects good demand in China

The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months.

July 30, 2024

Cyprium, Glencore partner to restart Nifty copper mine in Australia

Nifty produced more than 700,000 tonnes of copper when it was in operations.

July 30, 2024

Rio Tinto iced out by investor advocate ACCR over climate stance

The move comes after the miner sent a letter to the Australian government expressing concerns about its 'nature positive' environmental reforms.

July 30, 2024

Vedanta gets secured creditors’ nod for demerger

Vedanta launched the overhaul to carve up its business into six separate businesses.