Iron ore price up on China’s export growth
Export growth accelerated to 32.2% in dollar terms the customs administration said, overturning economist's expectations of a slowdown to 23%.
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Western Australia plans world’s biggest renewable energy hub
The Western Green Energy Hub (WGEH) would stretch across an area bigger than greater Sydney, and could produce up to 50 gigawatts of energy.
China to keep economy within reasonable range, act to ease commodity prices
China, the world's biggest importer of most major commodities, has already made several attempts to stall a surge in prices for everything from iron ore to coal.
Moxico Resources plans London IPO within the next year
The UK-based company, run by ex-Rio Tinto executive Alan Davies, is developing its flagship Mimbula project in Zambia's copper belt.
Botswana begins first iron ore mining project
The African nation's heavy reliance on diamonds, which account for a fifth of the Botswana's GDP and more than two thirds of its foreign exchange income.
Vale has decommissioned Fernandinho dam
Work is part of a program to decomission dams that used similar structures to the one in Brumadinho, a dam that burst in 2019 and killed over 200.
Rare diamonds show life-giving elements present on Earth soon after it formed
Volatile gases conserved in diamonds found in ancient rocks indicate that the basic chemical composition of Earth’s atmosphere was laid down at least 2.7 billion years ago.
Lundin Gold’s Fruta del Norte mine production exceeds expectations
The mine, Ecuador's largest, delivered 108,799 ounces of gold in the three months to June 30, up from 104,137 ounces in the previous quarter.
EU, Ukraine to sign preliminary deal on key raw materials, batteries
To power up e-car batteries and for energy storage alone, the EU estimates it will need up to 18 times more lithium by 2030 and up to 60 times more by 2050.
