Fortescue Metals to cut ‘few hundred’ jobs
Miner started laying off more than 100 workers at its Iron Bridge project in the Pilbara region, according to local media.
Latest Stories
CATL smashes profit estimate as EV sales soar
CATL commanded a 37% share of the global market for EV batteries in 2022.
China lithium probe puts spotlight on reserves and ESG risks
Beijing’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now playing out in the market for lithium.
China tells iron ore traders to stop hoarding after rally
Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material.
US, EU agree to start talks on critical minerals amid trade tensions
Biden and von der Leyen are meeting against a backdrop of European complaints that US subsidies will divert investment away from Europe.
The View from England: PDAC is over — time for would-be investors to reflect
Taking a long-term perspective, demand for iron ore, copper and other energy transition metals seems assured.
Ancient Romans failed to fully exploit rich silver deposit in Germany
New research confirms that Roman soldiers attempted to mine silver ore in Bad Ems but failed in 47 AD.
Peru mining firms’ logistics at risk from extended protests, analyst says
Fitch Ratings warned of possible lack of supplies and issues transporting ore to ports.
Don’t let China control clean energy supply chain, US officials warn
Washington’s message at the CERAWeek energy conference in Houston reflects growing concern that the rapid investment it is encouraging to fight climate change could backfire.
