Rare earth producers look to US-led boom to blunt China’s power
By using the long-threatened critical mineral weapon once again in advance of this week’s talks, China has undoubtedly encouraged production outside its borders.
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First deadly mine explosion in Australia since 2015 kills two
The incident occurred at Polymetals Resources' Endeavor silver-zinc mine located 40 km north of Cobar.
Almonty buys US tungsten project in bid to resume local supply
The company is acquiring the Gentung-Browns Lake project, which was formerly operated by Union Carbide Corp.
Rio Tinto flags uncertain future at Australia’s largest aluminum smelter
The smelter has been struggling with high power prices.
Chinese firms drive aluminum expansion in Indonesia, raise surplus fears
Primary production of aluminum, also used in construction and packaging, is estimated to exceed 72 million tonnes this year.
JPMorgan’s grip on London gold vaults challenged by rival banks
Citi is well advanced in the process of setting up a business that would allow it to become a clearing member of the London gold market.
Albemarle to raise $660 million in catalyst sales
The firm agreed to sell a controlling stake in Ketjen Corp.’s refining catalyst solutions business to private equity firm KPS Capital.
Rio Tinto launches corruption inquiry at Oyu Tolgoi
Rio plans to make Oyu Tolgoi the world’s fourth-largest copper mine by 2030.
Banyan lifts Hyland gold resource in Yukon
The update maintains its third place ranking among the largest projects in the territory.