April 15, 2024

Vedanta Group asks JPMorgan to arrange $300 million India bond

Investors include global private credit funds, Bloomberg sources say.

April 15, 2024

Rusal says new Western sanctions won’t hurt its aluminum supply

Goldman Sachs also said it did not expect an immediate supply shock.

April 13, 2024

LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.

April 12, 2024

Glencore tussles with farmers in Australian court over carbon storage plan

The Swiss company’s plan already has approval in a 2022 government decision and the backing of independent research groups.

April 12, 2024

US Steel shareholders approve Nippon Steel’s $14.1 billion takeover offer

Beyond politics, the takeover must still pass a review by the Committee on Foreign Investment in the United States.

April 12, 2024

BHP suspending China portside iron ore sales until April 22 for system upgrade

Industry sources said they did not expect much impact, noting that portside stocks are at high levels.

April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

April 10, 2024

Tianqi takes another shot at probing SQM-Codelco lithium deal

It’s the latest twist in tensions between SQM and its Chinese shareholder after representatives of the two companies questioned each other’s real motivations.

April 10, 2024

Rio Tinto to invest $9.3 million in technology startups

The focus will be on technologies in the fields of safe mine operations, decarbonisation, exploration processing and automation.

April 10, 2024

Two workers dead at Newmont’s Cerro Negro mine in Argentina

Both teammates worked on the company’s technical services team.