Teck Resources to become Teck Metals as it spins off coal unit
Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd.
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Allkem cuts Mt Cattlin annual production view on lower-grade ore
Lithium miner said it now expected fiscal 2023 spodumene concentrate production from Mt Cattlin in the range of 114,000 tonnes to 124,000 tonnes.
Magnis in deal with Tesla to supply graphite for electric vehicle batteries
Agreement is for a minimum three-year term to supply up to 35,000 terapascal anode active materials beginning February 2025.
BHP eyes demand green shoots in China as profit slumps
Miners have wrestled with surging costs and a tight labour market amid sharply lower iron ore prices over the latter half of 2022, as China's strict zero-covid-19 policy curtailed economic activity.
Trafigura names new battery metals heads in wake of nickel fraud
The commodities giant was the victim of a “systematic fraud” that could cost it more than half a billion dollars.
How mining technology is advancing industry roles
A survey found that 93% of companies are increasing overall spending on technology, and 44% reported they are significantly increasing investment.
China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade
Baowu is looking to benefit from efforts to repair trade relations between China and Australia.
Ecobat to build new battery recycling facility in Arizona
The new facility, located in Casa Grande, will initially produce 10,000 estimated tonnes of recycled material per year.
Amplats cuts dividend payout again as South African power outages crimp profit
The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.
