April 15, 2024

Global mining investment too low to support energy transition, Rio Tinto chairman says

The amount of metals required for each kilowatt of generation capacity has risen by 50% since 2010, according to the IEA.

April 15, 2024

OceanaGold gets initial approval for Philippine unit’s IPO

Proceeds from the offering, as OceanaGold had disclosed, will be applied towards debt repayment.

April 15, 2024

Vale operations in Brazil now 100% renewable energy-powered

The world's top iron ore and nickel miner said that 100% of the electricity used in its local operations last year came from green sources.

April 15, 2024

Codelco can do more if given a better partner for the Atacama salt flat

Codelco, Chile's top copper producer, has entered the lithium business mandated by the country's national lithium strategy, unveiled in 2023.

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.