July 30, 2024

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.

July 29, 2024

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.

July 29, 2024

Guinea’s Simandou iron ore project seen aiding climate goal

“With an iron content of nearly 65% ​​and few impurities, Simandou project will make Guinea a key player,” Rio says.

July 29, 2024

Union at BHP’s Escondida mine urges rejection of contract offer, strike possible

The union and BHP have repeatedly clashed due to work stoppages, pressure to increase production and complaints about worker safety.

July 29, 2024

Nornickel sticks to production outlook despite furnace repairs

The miner reported on Monday a 1% drop in nickel output for the first half of the year.

July 29, 2024

China’s COSCO Shipping, Fortescue to build green fuel supply chain

The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor.

July 29, 2024

BHP’s Spence copper mine in Chile now fully autonomous

Spence copper mine in Chile has celebrated three months of being BHP’s first fully autonomous operation, with zero incidents.

July 27, 2024

Tianqi appeals Chile ruling on SQM-Codelco lithium deal

The partnership would grant SQM the ability to extract lithium in the prized Atacama salt flat through 2060.

July 26, 2024

Rio Tinto, Aymium partner on decarbonization initiative in Québec 

The companies formed Évolys Québec to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large-scale industrial processes.

July 26, 2024

Teck draws M&A attention from big miners in rush for copper

Teck is seen as a logical merger partner, in particular for Anglo American or Vale SA’s base-metals business.