Coal India warns price hike is inevitable to combat higher costs
The state-run company is facing pressure from high diesel prices and an increase in salaries of employees.
Latest Stories
Mitsubishi Materials to sell aluminum business to US fund
Mitsubishi also said its stake in Indonesia's copper smelter PT Smelting, its joint venture with PT Freeport Indonesia, will fall to 35% from 60.5%.
China’s Weiming to invest in $400 million Indonesia nickel matte project
Weiming is based in Wenzhou in China's Zhejiang province, the same city that is home to top global nickel producer Tsingshan Holding Group.
Cornish Lithium gets $24 million to develop UK assets
TechMet’s funding is the first institutional investment in Cornish Lithium, which has previously used crowdfunding to raise new capital.
How Congo could become low-cost, low-emissions producer of battery materials – report
According to BloombergNEF, the DRC could leverage its cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.
South32 locks 45% stake in Sierra Gorda copper mine
Deal marks the Australian miner’s entry into the world’s largest copper-producing country ahead of an expected demand boom for the metal.
Dozens remain trapped in Russian mine after fire
Forty-five miners were trapped in a coal mine after a fire in the Kemerovo region of Russia's Siberia.
Defense Metals shares positive PEA for Wicheeda REE project in British Columbia
The project has an after-tax net present value with an 8% discount of C$512 million, and an internal rate of return of 16%.
Cobalt-rich Congo tries to push into battery manufacturing
Congo mines around two-thirds of the world's cobalt, an ingredient in lithium-ion batteries.
