October 21, 2022

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

October 21, 2022

ISS sides with top Turquoise Hill investors in dismissing Rio takeover

ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said.

October 21, 2022

Copper faces long-term shortage as demand outruns supply

BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.

October 21, 2022

BHP chief executive cautiously optimistic about China’s economic growth

The International Monetary Fund forecasts China's GDP will expand by just 3.2% this year, down from 8.1% growth in 2021.

October 21, 2022

Rio Tinto board needs mining skills, geographical diversity – chairman

The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas.

October 20, 2022

Brazil mining group sees steady investment regardless of election result

Brazil is nearing the end of campaigning ahead of a second-round runoff election between leftist former President Luiz Inacio Lula da Silva.

October 20, 2022

‘Strikingly tight’ copper market belies price drop, Freeport says

Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March.

October 20, 2022

Aluminum rebound buoys Alcoa, muting global slowdown worries

The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.

October 20, 2022

Freeport-McMoRan profit plunges on weak copper prices

LME copper has given up 30% since touching a record peak in March.

October 19, 2022

Albemarle to stay in Europe if lithium declared hazardous by EU, CEO says

The European Commission is weighing a proposal by the European Chemicals Agency that would classify lithium carbonate, chloride and hydroxide as dangerous for human health.