July 22, 2024

Lynas Rare Earths signs contracts for Mt Weld power station

The hybrid power station is expected to reduce greenhouse gas emissions by about 60,000 tonnes of CO2-equivalent.

July 22, 2024

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.

July 21, 2024

Singaporean consortium secures $850m for South32’s Australian coking coal

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

July 21, 2024

With no recovery in sight, lithium prices force miners to reevaluate output

The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.

July 21, 2024

South32 tumbles after $818 million alumina, nickel writedown

Copper production for the three months to June 30 also fell 14% from the year before.

July 21, 2024

BHP hires former Australian state leader for Washington role

Dominic Perrottet, the former leader of New South Wales, will serve as a US government and external affairs liaison.

July 19, 2024

Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’?

Simandou, one of the world’s most significant iron ore developments, is set to challenge the Pilbara’s dominance soon.  

July 19, 2024

Vedanta pays $246 million to regain Zambia copper mines

The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.

July 19, 2024

Vale resumes operations at Salobo 3 after fire

Vale said 2024 copper production guidance remains at 320-355 kt.

July 19, 2024

Boliden’s Q2 earnings disappoint despite near fivefold rise

The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result.