LKAB raises deposit estimate at Europe’s biggest rare earth find The European Commission wants to speed up the development of new mines like Per Geijer to end its dependence. Reuters | June 12, 2023 | 7:49 am
Rio Tinto, China’s Baowu seek to use low-grade ores for cleaner steel Steel production generates up to 9% of global emissions. Reuters | June 12, 2023 | 7:43 am
Rio Tinto to invest $1.1 billion to expand aluminum smelter in Canada Construction will run over two-and-a-half years. Reuters | June 12, 2023 | 7:37 am
How much selenium, arsenic escapes ash from coal-fired power plants still TBD The amount of toxic selenium and arsenic able to escape from coal ash depends largely on their nanoscale structures. Staff Writer | June 12, 2023 | 6:06 am
Glencore, carmakers lead $1bn acquisition of Appian nickel-copper mines in Brazil Deal includes the gold royalty on Mineração Vale Verde, which will be sold to ACG for $65 million in cash. Cecilia Jamasmie | June 12, 2023 | 5:59 am
Glencore bids for Teck Resources’ coal unit The Swiss miner and commodities giant is willing to buy Teck's steelmaking coal business as alternative to a full merger. Cecilia Jamasmie | June 12, 2023 | 3:49 am
Fed is set to pause and assess the effect of rate hikes Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago. Bloomberg News | June 11, 2023 | 11:27 am
Greenpeace Mexico launches campaign against deep-sea mining The international NGO says article 20 of Mexico’s new Mining Law forbids deep-sea mining in Mexican waters and that the country should push for a global moratorium. Valentina Ruiz Leotaud | June 11, 2023 | 8:30 am
Chile’s mining association asks Congress to reverse payment increase for mining claims The payment increase for patented mining claims is contemplated in Bill N° 21420, which modifies certain aspects of the existing Mining Code. Valentina Ruiz Leotaud | June 11, 2023 | 7:04 am