China’s October rare earth magnet exports fall, but US shipments surge
Exports to the US jumped by 56.1% from the prior month to 656 tons, the highest since January.
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Australia’s Argosy inks lithium sales deal with China’s Chengdu Chemphys
Argosy holds a 77.5% stake in the Rincon lithium project in Argentina’s Salta province.
Trafigura’s Nyrstar casts first antimony at South Australia plant
The facility could scale up to 5,000 tons of refined antimony metal per annum by 2028, the company said.
Billionaire family turns India’s gold obsession into a fortune
Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits.
Fortuna doubles indicated ounces at Séguéla
The latest estimate represents an 11% increase in contained reserve ounces.
Friedland opens $2B Platreef mine in South Africa
The opening caps a 37-year effort at what Friedland calls “the world’s largest undeveloped precious-metals mine.”
American Rare Earths boosts resource estimate for Cowboy State mine
The updated mineral resource estimate is approximately 547.5 million tonnes in TREOs.
Rio Tinto cuts alumina output in Australia
The reduction amounts to about 1.2 million tonnes of alumina a year, though the company said customer supply commitments will not be affected.
Vale raises $750 million with bond issuance due 2056
Company intends to use the net proceeds for general corporate purposes.
