Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara Rio intends to invest about $101 million to acquire 100 domestically built ore rail cars over six years. Reuters | June 13, 2023 | 7:44 am
Nippon Steel still interested in investing in Teck’s steelmaking coal arm Glencore on Monday offered to buy Teck's steelmaking coal business as a standalone unit. Reuters | June 13, 2023 | 7:38 am
Almost a quarter of Canada’s GDP exposed to climate risk – study Study by the University of Waterloo found that as carbon costs rise, assets of $256 billion are at risk of being lost in Canada. Staff Writer | June 13, 2023 | 5:05 am
Boliden’s Ronneskar metals smelter damaged in fire, output halted The Swedish smelter is a major producer of copper, zinc, lead and other metals. Reuters | June 13, 2023 | 4:42 am
Billionaire Forrest calls Musk a ‘muppet’ over fuel cell doubts Andrew Forrest, founder of Fortescue Metals, said doubters of hydrogen fuel-cell technology, including Elon, are “muppets.” Bloomberg News | June 13, 2023 | 4:03 am
Lithium Americas produces first carbonate at Caucharí-Olaroz The output quality was lower than battery-standard lithium carbonate, but is part of the Argentinean mine commissioning process. Cecilia Jamasmie | June 13, 2023 | 3:45 am
Hastings Technology Metals to supply rare earths to Neo Performance Deal is to negotiate the supply of rare earth concentrate from Hasting’s Yangibana project in Western Australia. Reuters | June 12, 2023 | 4:21 pm
IGO names former Rio Tinto executive as CEO Ivan Vella was tasked with leading Rio’s Iron Ore business in Australia when he was appointed as interim CEO following the Juukan Gorge tragedy. Staff Writer | June 12, 2023 | 4:04 pm
Battle for aluminum stocks is draining LME of non-Russian metal The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia. Bloomberg News | June 12, 2023 | 2:42 pm