Biggest China bank walks away from $3bn Zimbabwe coal plan
Industrial and Commercial Bank of China said it wouldn’t fund the 2,800 MW Sengwa coal project in Northern Zimbabwe.
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Myanmar army tightens grip on lucrative jade sector
Myanmar produces about 70% of the world's jade, but the industry is plagued by conflict, corruption and environmentally destructive practices.
Renault pledges to cut battery costs 60% this decade in EV push
Renault also plans to lower the cost of its electric motors by 30%, make them more compact and extend their range.
Russell: Iron ore quality premium widens to record amid China demand, lower inventories
The spread between low- and high-grade iron ore has blown out to the highest on record in dollar terms, suggesting Chinese steel mills are trying to maximise output by using as much of the best quality ore as possible.
Sayona Mining gets court nod for Canadian lithium firm acquisition
The company and Piedmont Lithium made a joint bid for North American Lithium earlier this year as part of a plan to expand in North America.
China faces risks due to high chrome, manganese, nickel import reliance — report
According to Roskill, China’s net import reliance on chromium, nickel and manganese ore are calculated at 100%, 83% and 68%, respectively.
IGO closes $1.4b deal for stake in Tianqi Lithium assets
The nickel miner has taken 49% in a joint venture that gives it 25% in the Greenbushes lithium mine and 49% in the Kwinana processing plant in Western Australia.
Kingsgate to sell Chilean project to TDG Gold
The potential sale of the Nueva Esperanza gold-silver exploration project to TD Gold would bring Kingsgate about $22 million.
McEwen lines up copper partner as surging prices spur interest
Company is said to be in talks to sell a stake in a copper project in Argentina.
