Vale approves new three-year term for CEO Bartolomeo The Brazilian miner's board approved the re-election of current CEO Eduardo de Salles Bartolomeo to serve a new three-year term. Reuters | March 16, 2021 | 9:59 am
Aluminum price hits 9-year high on Chinese supply concerns The Chinese city of Baotou in Inner Mongolia ordered some shutdowns in a bid to meet its energy consumption targets for the first quarter. MINING.COM Staff Writer | March 16, 2021 | 9:36 am
Greensill Capital sued in US as miner claims finance fraud Greensill’s collapse presents “a clear and present threat” to Bluestone Resources, the coal miner said. Bloomberg News | March 16, 2021 | 9:23 am
Fortescue eyes Brazil plant amid green hydrogen push The company has signed a memorandum of understanding with Porto do Açu, a major Brazilian seaport and industrial hub, to study the feasibility of installing a 300-megawatt green hydrogen plant onsite. Reuters | March 16, 2021 | 9:16 am
Aura Minerals to pay $60m in dividends, shares up The miner will pay a dividend of $0.83 per common share on April 6. MINING.COM Staff Writer | March 16, 2021 | 9:04 am
Seven coal miners killed in Pakistan in second incident in one week In the past year, 102 coal miners have been killed in Balochistan in 72 different incidents. Reuters | March 16, 2021 | 9:04 am
Nornickel downgrades output forecast by 15-20% after mine restarts delayed Operations at the Oktyabrsky and Taimyrsky mines are unlikely to restart fully for another 3-4 months. Reuters | March 16, 2021 | 9:01 am
Codelco gets regulatory nod to extend life of Radomiro Tomic mine Codelco is in the midst of a 10-year, $40 billion initiative to upgrade its century-old network of mines in Chile. Reuters | March 16, 2021 | 8:57 am
World aluminum industry must cut emissions by 77% by 2050 – IAI About 60% of aluminum emissions are from electricity used to smelt raw materials into the lightweight metal. Reuters | March 16, 2021 | 8:54 am