Mitsubishi Materials to sell aluminum business to US fund Mitsubishi also said its stake in Indonesia's copper smelter PT Smelting, its joint venture with PT Freeport Indonesia, will fall to 35% from 60.5%. Reuters | November 25, 2021 | 7:51 am
China’s Weiming to invest in $400 million Indonesia nickel matte project Weiming is based in Wenzhou in China's Zhejiang province, the same city that is home to top global nickel producer Tsingshan Holding Group. Reuters | November 25, 2021 | 7:39 am
Cornish Lithium gets $24 million to develop UK assets TechMet’s funding is the first institutional investment in Cornish Lithium, which has previously used crowdfunding to raise new capital. Cecilia Jamasmie | November 25, 2021 | 6:43 am
How Congo could become low-cost, low-emissions producer of battery materials – report According to BloombergNEF, the DRC could leverage its cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials. MINING.COM Staff Writer | November 25, 2021 | 5:05 am
South32 locks 45% stake in Sierra Gorda copper mine Deal marks the Australian miner’s entry into the world’s largest copper-producing country ahead of an expected demand boom for the metal. Cecilia Jamasmie | November 25, 2021 | 3:49 am
Dozens remain trapped in Russian mine after fire Forty-five miners were trapped in a coal mine after a fire in the Kemerovo region of Russia's Siberia. Reuters | November 24, 2021 | 10:10 pm
Defense Metals shares positive PEA for Wicheeda REE project in British Columbia The project has an after-tax net present value with an 8% discount of C$512 million, and an internal rate of return of 16%. Canadian Mining Journal Staff | November 24, 2021 | 11:06 am
Cobalt-rich Congo tries to push into battery manufacturing Congo mines around two-thirds of the world's cobalt, an ingredient in lithium-ion batteries. Reuters | November 24, 2021 | 11:01 am
YMP awards 35 scholarships worth $99,000 for 2021 Recognizing the next generation of Canadian mining industry leaders. Northern Miner Staff | November 24, 2021 | 10:58 am