July 22, 2024

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

July 22, 2024

BHP’s potash mine in Canada now 50% ready

BHP is halfway through completing its massive Jansen potash mine in Saskatchewan, with first production expected in 2026.

July 22, 2024

Ero Copper and Vale close agreement on Brazil’s Furnas project

The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project.

July 22, 2024

Anglo American to sell two assets to Taurus Funds for up to $195 million

Anglo plans to divest less profitable assets and focus on expanding copper output.

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.