Allkem’s quarterly revenue falls about 12% as output drops
Allkem had in August flagged labour and equipment shortages in Western Australia which forced the company to cut its fiscal 2023 production forecast.
Latest Stories
Omai doubles Guyana gold resource
The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 g/t.
Namibia, EU reach provisional deal on rare earth minerals
"In principal we have agreed on conditions, whatever the materials, we are going to process them here," mines and energy minister said.
Brazil mining group sees steady investment regardless of election result
Brazil is nearing the end of campaigning ahead of a second-round runoff election between leftist former President Luiz Inacio Lula da Silva.
‘Strikingly tight’ copper market belies price drop, Freeport says
Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March.
BASF, CUN collaborate on mining research, development and innovation in Antofagasta
While leveraging synergies in the development of innovative products and solutions, the collaboration is also expected to provide career entry opportunities for promising mining talent.
Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO
The company is currently mobilizing drill teams after a July environmental court decision reinstating the drilling permit.
CHARTS: “Almost unattainable” gap between green energy copper demand and mining supply
New report estimates 1 million additional tonnes of copper supply is needed per year to meet climate goals. The tally so far in 2022? 260,000 tonnes.
Aluminum rebound buoys Alcoa, muting global slowdown worries
The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.
