Western Areas agrees to revised $939m offer from IGO
The news comes a week after IGO said its previous offer might fall through.
Latest Stories
Opinion: US uses Cold War powers to secure battery metals supply
The real significance of invoking the DPA is that it elevates battery metals to the top of the US critical materials supply list, writes Andy Home.
Sigma Lithium updates Phase 1 FS, showing $1.6bn after-tax NPV for Brazil project
The updated economics demonstrate that Phase 1 is financially robust, even as a standalone project.
Iron ore price slumps on covid-19 restrictions in China
"Previous market expectation was that steel demand would be postponed but not absent," analysts with GF Futures wrote in a note.
Warning bells sound in London Metal Exchange zinc market
Zinc could be the next metal market to find itself in turmoil, writes Andy Home.
Alexco to raise $10.3m to fund Keno Hill operations in Yukon
Keno Hill boasts significant mineral resources at grades higher than most of the world’s primary silver producers.
Ivanhoe’s Congo copper mine hits record production
Kamoa-Kakula produced 55,602 tonnes of copper in the first quarter of 2022, reaching a monthly all-time-high of 19,605 tonnes of copper in March.
Asia unlikely to rescue Russian coal amid Europe ban
There are already signs that Asia is likely to buy less Russian coal, rather than more, in coming months, writes Clyde Russell.
China port congestion leaves everything from grains to metals stranded
Dotting the sea off Chinese ports are 477 bulk cargo ships waiting to deliver resources.
