Iron ore price climbs as China’s PBOC cuts rates to support recovery
The metal rose after the People’s Bank of China cut the rate on one-year loans by 15 basis points — the most since 2020.
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Ecuador’s tense vote also threatens to end mining, oil projects
Ecuadorians are expected to vote in favor of referendums to order the closing of a major oil field and restrict gold and copper mining.
More than 50 firms want in on new lithium-mining model in Chile
Bidding for the exploration contracts is scheduled to take place early next year.
Weak demand sends near-term LME aluminum discount to highest since 2008
The LME benchmark three-month aluminum contract dropped to its lowest since July 7.
Miners face ‘considerable challenges’ meeting demand from US climate law – study
Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report.
Myanmar rescuers recover 22 bodies after a deadly landslide
The accident occurred on Sunday in Hpakant in Kachin state, where a giant heap of excavated earth and rubble collapsed.
Erdene to pour first gold at Mongolia mine in 2025
The Bayan Khundii open-pit gold mine is expected to produce 74,200 ounces of gold annually over its 6.5-year mine life.
Researcher to study ’green’ steelmaking process at the atomic level
A researcher at Binghamton University received almost half a million dollars to investigate how hydrogen-based direct reduction works at the atomic level.
TechMet raises $200m to counter China’s critical minerals control
Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.
