Trafigura profit drops 62% after ‘massive problem’ in Mongolia
The Mongolia losses mean Jeremy Weir’s tenure as chief executive officer at one of the world’s largest commodity traders is ending on a sour note.
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China leads world in energy transition, Wood Mackenzie says
The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy.
Rio Tinto’s $2.5 billion lithium plan is a win for Milei
The miner plans to build a processing plant at Rincon with an annual capacity of 60,000 tonnes of lithium carbonate.
Iron ore posts weekly gain as investors assess fresh Beijing stimulus
Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy.
Mining People: Vior, Critical Minerals, Mines D’or Orbec, TRX Gold, Standard Lithium, Osisko Development
Key moves in the mining sector.
Australia’s $211 billion nuclear plan to change uranium mining
The opposition's plan would require lifting uranium mining bans in certain states, creating new production hubs.
Mining sector cyberattacks linked to third-party supplier access in 76% of cases – report
Growing challenges cybersecurity leaders faced in 2024 were in safeguarding cyber-physical systems.
Canada weighs export taxes on uranium, oil if Trump starts trade war
Canada is examining the use of export taxes on major commodities if incoming President Donald Trump carries out his threat to impose broad tariffs.
China tightens rules to curb methane emissions from coal mines
More than 150 countries have already pledged to cut methane by 30% by 2030.
