Turquoise Hill’s fifth largest investor to reject Rio Tinto’s takeover bid
Sailingstone Capital Partners, which has a 2.2% stake in the Canadian miner, will vote against the takeover in meeting next month.
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Mining People: Burin Gold, De Beers, ArcelorMittal, Copper Mountain, Liberty Gold
Key moves in the mining sector.
Alcoa lobbying White House to block US imports of Russian aluminum
Separately, Alcoa asked the London Metal Exchange to delist Russian aluminum.
Fortescue sees first major hydrogen project within next 9 months
Chairman Andrew Forrest launched FFI in 2020 with an ambitious goal to produce 15 million tons of green hydrogen by 2030.
Canada energy IPOs tough sell even as institutions return to sector
French oil major TotalEnergies will be the first major test of energy investor interest for new listings.
Lithium price jumps to fresh all-time high
Benchmark Mineral Intelligence says spot market pricing will feed through to long term contracts signed by automakers.
Teck backs electric tugboats at Neptune Terminal
Teck is teaming up with SAAM Towage to deploy electric-powered tugboats at Neptune Terminal in Vancouver.
Sanctions, tariff or ban? Aluminum traders brace for fresh chaos
News that the US may target Russian aluminum in retaliation for attacks in Ukraine is sending shivers through the global metals market.
Metso Outotec launches Courier 8X SL flotation analyzer for light and heavy elements
Courier 8X SL will replace Courier 8 SL in Metso Outotec’s automation portfolio, and the previous generation 8 SL can be easily replaced by replacing some main components.