Vietnam arrests former deputy environment minister over rare earth mining violations Four other senior officials in environment ministry also accused. Reuters | July 23, 2024 | 9:29 am
India slashes import tax on gold, silver to tackle smuggling Local gold prices hit their lowest level in more than three months after the announcement. Reuters | July 23, 2024 | 7:21 am
Nippon Steel to dissolve JV with China’s Baoshan after 20 years The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China. Reuters | July 23, 2024 | 7:06 am
Freeport-McMoran beats second-quarter profit estimates The company benefited from higher copper prices. Reuters | July 23, 2024 | 7:01 am
Codelco obtains $532 million in climate financing The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030. Reuters | July 23, 2024 | 6:57 am
Lynas Q4 revenue falls on output slump, lower prices The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter. Reuters | July 22, 2024 | 3:22 pm
Copper prices, output drive Grupo Mexico profit jump Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier. Reuters | July 22, 2024 | 10:40 am
Indonesia launches nickel, tin online tracking system The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals. Reuters | July 22, 2024 | 9:19 am
Western miners push for higher metals prices to ward off Chinese rivals Industry leaders have pushed for two pricing structures for several years. Reuters | July 22, 2024 | 8:10 am
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. Reuters | July 22, 2024 | 7:01 am
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. Reuters | July 22, 2024 | 6:57 am
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. Reuters | July 22, 2024 | 6:55 am