China scoops up cheap Indian iron ore in bid to trim steel costs Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits. Bloomberg News | September 26, 2023 | 8:17 am
Congo plans new copper-cobalt smelter to serve informal miners The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million. Bloomberg News | September 26, 2023 | 7:54 am
Brazil’s Mura people back Amazon potash mine Based on consultations, several hundred Mura people voted in support of the project being constructed and operated by Brazil Potash’s local unit Potássio do Brasil. Staff Writer | September 26, 2023 | 7:53 am
Philippines’ lower house passes bill overhauling mining tax system Under the bill, large-scale metallic mining operations within mineral reservations shall be subject to a royalty rate of 4% of the gross output. Reuters | September 26, 2023 | 7:45 am
Australia billionaire weighs in on Albemarle’s takeover target Liontown Gina Rinehart's Hancock became a substantial shareholder earlier in September and now owns 10.7% Reuters | September 26, 2023 | 7:42 am
CarbonScape gets $18 million cash injection to deliver biographite to Europe, US New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries. Staff Writer | September 26, 2023 | 6:25 am
Cornish Lithium raises $6.2m to support UK project Funds were secured through a crowdfunding campaign, the largest of its kind any company has undertaken in the UK this year. Cecilia Jamasmie | September 26, 2023 | 5:36 am
CleanTech Lithium to kick off production at second Chile mine in 2027 The company will progress project development in stages and begin production one year after its more advanced Laguna Verde opens in 2026. Cecilia Jamasmie | September 26, 2023 | 3:39 am
Rio Tinto’s legacy uranium mine sees rehab cost blowout A feasibility study for the site, which was due this month, will be postponed to October. Reuters | September 25, 2023 | 9:20 pm