Zimbabwe’s $1 billion lithium plan faces setback as Chinese partner cuts stake
South Africa’s Moti Group said a Chinese company with which it planned to develop a lithium processing plant was halving its stake in the venture.
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No more plundering: Can Africa take control in green mineral rush?
Governments have increasingly restricted or banned mineral exports in a bid to boost processing and retain more of the gains.
Antofagasta cuts 2023 copper output forecast
The company lowered its full-year copper output forecast to 640,000-670,000 metric tons on persistent water shortages in Chile.
Chairman of Chinese aluminum giant resigns after two years
The departure comes days after a unit of the company was reported by Bloomberg to have terminated contracts amid a government-led investigation into deals in the market.
Sandvik’s Q2 profits and order intake grow
Sandvik said demand from the mining sector remained robust in the quarter.
How much can you make as a mining company CEO? Survey shows highs and lows
Costmine Intelligence survey found the average CEO salary for companies with market values of more than $1 billion is $7.8 million a year. But two CEOs accepted just $1.
Marine animals flee Takuyo-Daigo seamount after Japan’s deep-sea mining test
Marine animals vacated the area where Japan extracted cobalt crusts from the top of deep-sea mountains to mine cobalt.
Rio Tinto flags cost hike at Argentina lithium project
Rio Tinto’s $140 million estimate and schedule for the starter plant at Rincon lithium project are under review due to cost escalation.
Tata Group to build $5 billion gigafactory in the UK
Tata's first gigafactory outside of India will supply locally-made batteries to the company's its Jaguar Land Rover factories.
