Andrew Forrest to transfer $3.39bn stake in Fortescue to his philanthropic foundation
Forrest transferred ownership of 220 million Fortescue shares worth to Minderoo Foundation.
Latest Stories
Indonesia to ban copper exports once Freeport, Amman plants open
Copper is set to follow nickel as Indonesia’s next focus in the country’s push for more onshore refining.
Avalon Materials plans lithium processing plant in Ontario
Company acquires industrial site in Thunder Bay, aims to become province’s first vertically integrated lithium producer.
MineHub receives cash injection from Sumitomo, shares up
MineHub and Sumitomo have collaborated on the development of a suite of digital solutions for the concentrates market.
Bill Gates-backed KoBold Metals is the Silicon Valley’s newest unicorn
The company raised $200 million to dig for copper and lithium using AI.
Antofagasta seeks copper mine extension with $1.2 billion investment
Chilean miner applied for an environmental permit to extend operations at its Zaldivar mine through 2051.
Lake Shore Gold team tops Ontario mine rescue competition
Eight district champion teams from across Ontario were evaluated on essential mine rescue work.
Polish coal asset spin-off would lure investors, Amundi says
The government seeks to spin off coal-fired power plants from the country’s biggest state-controlled utilities later this year.
Northvolt gets $400 million from Ontario fund for green battery
Northvolt is currently in talks with the Canadian and Quebec governments on a potential multibillion-dollar plant near Montreal.