April 3, 2024

Norway sovereign fund advisor may recommend Rio Tinto stake sale

The Council on Ethics has told Rio that it is assessing the company for environmental damage from its operations in the Brazilian Amazon.

April 3, 2024

Glencore backs EVelution Energy’s cobalt plant plans

The mining and commodities trader giant will provide EVelution with long-term supplies of cobalt hydroxide.

April 3, 2024

Rio Tinto takes over Ranger uranium mine site cleanup

Ranger, a key producer of uranium oxide for 40 years, closed in 2021 with an initial goal of having the site rehabilitated by 2026.

April 3, 2024

Vale divestment in Indonesian nickel unit expected to finish in July

The transaction is required by the government to extend Vale Indonesia's operating permit beyond 2025.

April 2, 2024

Australia regulator extends approval deadline for SQM-Hancock’s $1.1bn bid for Azure

SQM and Australia's richest person Gina Rinehart's Hancock Prospecting, already Azure's two largest shareholders, teamed up in December to buy the lithium developer.

April 2, 2024

BHP and Mitsubishi close $4.1bn sale of Queensland coal mines  

BHP has been working towards making a transition to commodities and away from coal-related assets.

April 2, 2024

US Steel union rejects Nippon Steel’s appeal for takeover support

In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year.

April 2, 2024

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.

April 2, 2024

Deutsche Bank says Glencore may weigh listing move to US

The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New…

April 2, 2024

Gold Fields begins gold production at new Chilean mine

The almost $1.2bn Salares Norte mine faced some unique challenges, including relocating a handful of endangered rodents, rocketing costs and technical delays.