Vale doesn’t rule out IPO or merger of base metals unit ahead
Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1.
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Founders Metals drills 12 m of 19.2 g/t gold in Suriname, stock surges
The 238 sq.km. Antino property is the most advanced gold exploration project in Suriname.
Mining People: Canada Fluorspar, FPX Nickel, Max Resource, Onyx Gold, Silver Mountain
Key moves in the mining sector.
Iron ore price falls as China’s Yunnan province orders steel output curbs
Steel mills have been asked to prepare to cut back production to meet a government mandate on capping 2023 output at last year's level.
Column: LME’s Russian aluminum dilemma set to become more acute
The London Metal Exchange is coming under renewed pressure to exclude Russian aluminum from its warehouse system.
Grupo Mexico posts profit rise on copper sales, transport unit
The company reported on Thursday a 38% rise in second-quarter net profit on higher copper sales.
India house amends mining rules to open lithium to private firms
The bill has to be approved by parliament’s upper house and India’s president before it becomes a law.
Laser pulses may help develop next-gen, high-capacity batteries
Using laser pulses, researchers modified a promising alternative electrode material known as MXene.
Vale posts profit slump, hit by price drop
Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion.
