Trafigura delivers large amounts of aluminum to LME for lucrative rent deals
Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022.
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Rio Tinto has not ruled out bid for Anglo American — report
While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.
Mining People: Avanti Gold, Homerun Resources, Omai Gold, Star Diamond, Pacific Empire, Sorrento
Key moves in the mining sector.
UK students to use AI, robotics to develop nuclear decommissioning solutions
UK students are being challenged with developing a small robot capable of transporting nuclear waste.
Lucara Diamond records strong quarter at Karowe mine
Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results.
Mexico eliminates aluminum import tariffs to combat shortage
The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February.
Nokia and Alcon to deploy first private LTE network in Americas supporting lithium mining
Private wireless network will support 200 Sigma Lithium employees.
Anglo American’s South Africa investors open to improved BHP bid
The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.
Savannah could request compulsory land acquisitions for Portuguese lithium project
The company requires around 840 hectares for its four-mine project in the Barroso region.
