EV startup Lucid risks SPAC deal collapse on no-show holders
Lucid Motors is on the verge of completing a merger that will give the Saudi-owned EV startup $4.5 billion in fresh capital.
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China iron ore price sees worst week in 17 months on steel curbs
China has stepped up efforts to reduce output of the construction and manufacturing material in line with its carbon emission reduction goals.
Tight battery market is next test for EVs after chip crisis
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers, according to a key Chinese manufacturer.
Brazil prosecutors target final Samarco dam settlement this year
A settlement would replace a giant lawsuit, removing a considerable legal overhang for Samarco and its shareholders.
Platinum giants eye solar power as green answer to blackouts
Sibanye Stillwater, Impala Platinum, and Anglo American Platinum said they plan to scale up solar and wind farms.
BHP reaches conditional port deal for Jansen potash mine
Jansen is expected to give BHP exposure to a market driven by rising global food demand and represents one of its few major growth prospects.
Rio Tinto spending $108m to study going underground at Kennecott
Potential underground mining would occur concurrently with open-pit operations.
How rutile may help find undiscovered gold deposits
Researchers at Curtin University found a clear chemical distinction between rutile associated with richly endowed gold ore systems and rutile from un-mineralized rocks.
Newmont to decide on $2 billion Peru project by year-end
The project would allow operations at the massive Yanacocha gold mine in northern Peru’s Cajamarca region to continue beyond 2040.
