Hyundai to invest $400 million for stake in Korea Zinc
Hyundai plans to buy 50% of nickel it needs for EV batteries through the partnership by 2031 to comply with President Joe Biden’s Inflation Reduction Act.
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Copper Fox reports indicated reserves of 71mt for Eaglehead project
This is the first time indicated resources were reported for Eaglehead.
Zijin Mining slows M&A on valuations, geopolitical risks
The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking."
India confirms sulfur and detects several other elements near the moon’s lunar south pole
India's lunar rover also detected aluminum, iron, calcium, chromium, titanium, manganese, oxygen and silicon on the lunar surface.
Gold price rises to near month high on weak US data
Gold rose for a third straight session on Wednesday, supported by a fresh batch of weak US economic data.
Iron ore price rises on prospects of fresh China stimulus
Guangzhou became the first major Chinese city on Wednesday to announce an easing of mortgage curbs.
India asks US to release funds frozen over suspected Russia diamond link – sources
India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa.
AI’s potential role in the coal industry
AI can automate and optimize various processes in the coal industry, making them more efficient and accurate.
India to start critical mineral blocks auction process this year
The blocks are for minerals including nickel, lithium, cobalt and platinum, along with rare earths.
