Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m
CSN Mineracao is the leading iron ore producer and distributor in Brazil.
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American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update
Highlight hole cut 18 metres at 1.5% copper and 5.4% zinc (4.4% copper equivalent) from 203.6 metres depth.
Albemarle loses more than $1 billion on falling lithium prices
The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China.
Metals sell off after Trump win while oil recoups some losses
Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday.
Power Metals engages First Nation-run drilling company for Case Lake project in Ontario
Black Diamond Drilling is owned and operated by the Apitipi Anicinapek Nation.
Copper price sees biggest drop since May as Trump win boosts dollar
Traders are also bracing for a potential knock to demand if Trump follows through with pledges to deepen the US-China trade war.
Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi
Battery swapping allows an electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station.
Ero Copper cuts guidance, shares tumble
Ero also announced several leadership changes, following the retirement of co-founder Noel Dunn.
Codelco partners with Toyota and Mitsui to explore decarbonization of mining fleet
The initiative aims to generate synergies between Toyota's expertise in zero- and low-emission vehicles, Mitsui's experience in strategic alliances, and Codelco's track record in the management of world-class mining operations.
