Australian coal miners recapitalise, eye BHP assets and other M&A
Buoyed by a rebound in the price of coal, miners are dusting off expansion plans and raising capital for new projects and acquisitions.
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Jervois gets nod for Idaho project development
Company approved the final construction and development of its cobalt operations in the US state of Idaho, with the first production expected in mid-2022.
South Africa’s coal export line remains partially closed after derailment
A 208-wagon coal train derailed in South Africa over the weekend partially shutting a rail line that links mines to the Richards Bay export terminal.
China June tin output rises 10.9% from prior month – Antaike
The increase came as restrictions on power usage in the tin-smelting heartland of Yunnan were "basically lifted" last month.
Fortescue produces first green iron ore, part of carbon neutrality goal
The company has produced both green iron and green cement in trials that are part of its goal to be a top player in the renewable energy market.
Sumitomo Metal to invest $424m to boost battery materials output
The Japanese firm will hike production capacity of cathode materials for rechargeable batteries used in EVs to meet burgeoning demand.
Lithium supply chain threatened by East-West geopolitical tensions – report
Geopolitical risks and the US-China tensions pose threats on the global lithium supply chain, according to a new report by Fitch Solutions.
AngloGold names ex-BHP exec Calderon as new CEO
Appointment of the Colombian expert ends a nearly year-long head hunt that has weighed on the shares of the No. 3 gold miner.
Vital Metals becomes Canada’s first rare earth producer
Australian company has begun production at its Nechalacho project in the northwest territories.
