Sigma Lithium expands production capacity, targets doubling output by 2025
The miner plans to increase production at its Grota do Cirilo project to 520,000 tonnes per year.
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MP Materials awarded $58.5 million tax credit for Texas rare earth magnet factory
The manufacturing facility would have the capacity to produce approximately 1,000 tonnes of NdFeB magnets per year.
Russia halts rescue operation for 13 trapped miners
The miners were trapped by a rock fall at the Pioneer gold mine.
Iron ore price swings near $100 as traders mull fragile China recovery
Disappointment over demand has coincided with a period of relatively abundant supply.
Volt Lithium’s cost cuts help Alberta project weather metal price crash
The company has cut nearly two-thirds of its lithium production cost.
Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study
Cornell University researchers found that pairing cryptocurrency mining with green hydrogen could provide the foundation for wider deployment of renewable energy.
Gold price hits another all-time high as Fed-fuelled rally continues
A host of positive drivers have pushed up bullion by around 14% since the middle of February.
Chile’s mining production up 7.7% in February
Following one of the most challenging periods for miners in Chile in years, the country’s industry is finally picking up.
Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte
Meanwhile, it is still awaiting a new special mining permit for its operations beyond 2025.