Sumitomo raises annual profit forecast despite Ambatovy loss
Sumitomo has been struggling to stabilize production and improve profitability at the Ambatovy project, launched in 2005.
Latest Stories
Mining Indaba: US trade aggression could stall African metals investment, deepening supply gap
US protectionism could stall mineral processing investment around the world as supply shortages threaten to squeeze markets, delegates warn.
Gates, Bezos-backed KoBold expands lithium and nickel exploration to Namibia
The company also plans to invest $2 billion in the Mingomba copper-cobalt mine in Zambia.
Fortescue gains control of Red Hawk
Fortescue has secured access to the undeveloped Blacksmith iron ore project, 30km west of its Solomon operations in Western Australia.
China hits back at US tariffs with mineral export curbs
Beijing's retaliation includes export curbs on tungsten, tellurium, bismuth, indium, and molybdenum, vital for defence and clean energy.
Rio Tinto faces new iron ore shipping snarls due to cyclones
Rio Tinto warned last month that its first-quarter iron ore shipments could be affected by disruptions to its rail operations.
Mattiq, Heraeus Precious Metals partner to advance green hydrogen production
The companies said they will shorten the R&D-to-commercialization timeline, rapidly advancing low-iridium catalysts from prototype to industrial-scale solutions.
JV video: How Dundee Sustainable Technologies’ eco-friendly advances boost ESG credentials
Dundee Sustainable Technologies (CSE: DST) has developed two innovative metallurgical processes that offer significant environmental benefits for the mining industry. The recent […]
Lundin family, Zijin Mining to acquire stake in Predictive Discovery
Zijin and the Lundin family are acquiring a 3.5% and a 6.5% stake, respectively.
