Alita Resources’ administrators confirm buyout talks, start liquidation
Separately, Glencore has launched a secret deal to acquire all the debt in Alita.
Latest Stories
Lifezone reports strong results at Kabanga nickel project ahead of feasibility
The drill results come almost two months after Lifezone began trading on the NYSE, following the business combination between Lifezone Holdings and special purpose acquisition company GoGreen Investments.
BHP speeds up Jansen project in Saskatchewan despite falling potash prices
Construction outlays at the site 180 km north of Regina are planned to rise to $1 billion from $647 million.
Minsur to invest at least $2bn as it expands copper, tin operations
This includes an investment of $1.8 billion in the Justa mine.
Top Middle East aluminum maker sees prices rising with demand
Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months.
Europe’s top copper producer Aurubis hit by huge metals scam
The company said related damages might be in the low, three-digit-million-euro range.
Marathon Gold says addition of Berry pit would not require new impact assessment
According to Marathon, the addition of Berry deposit would significantly improve the Valentine project’s projected production profile.
Vale starts producing test loads of iron ore briquettes
The product will help steelmakers cut their carbon emissions up to 10%.
The biggest fossil fuel subsidies are indirect, and bigger than ever
The IMF calculated that just over $7 trillion in subsidies went to fossil fuels last year.
