Billionaire Forrest wants leaders to target zero carbon by 2035 The executive said Fortescue’s board would meet over the next two weeks to discuss potential hydrogen or ammonia projects. Bloomberg News | November 8, 2023 | 7:49 am
Saudi Arabia’s next act is supplying the world with EV batteries The world’s biggest oil producer is now also aiming to become a key hub for making batteries. Bloomberg News | November 8, 2023 | 7:43 am
Western miners seek premium pricing for rare earth metals to break China grip The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA. Reuters | November 8, 2023 | 7:34 am
Britain targets Russian gold, oil sectors in new sanctions Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd. Reuters | November 8, 2023 | 7:18 am
Rio Tinto, Codelco partner to find more copper in Chile Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country. Cecilia Jamasmie | November 8, 2023 | 6:13 am
Scientists propose plan to improve confidence in hydrogen-fueled vehicles A predictive model is being proposed to let station operators know in advance when a problem might occur and minimize any disruptions. Staff Writer | November 8, 2023 | 5:15 am
Lucapa finds Angola mine’s second-largest diamond The find of the 235-carat type IIa diamond at Lulo comes barely a week after Lucapa dug up a 208-carat rock at the same mine. Cecilia Jamasmie | November 8, 2023 | 3:40 am
China’s state-backed iron ore giant says prices are too high Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group. Bloomberg News | November 7, 2023 | 4:29 pm
Ukraine’s new Mine Action Centre to train 3,000 deminers with investment from Metinvest The plan is to train more than 3,000 specialists to perform humanitarian demining of areas left heavily contaminated with explosive ordnance in the aftermath of fighting. Staff Writer | November 7, 2023 | 4:23 pm