Nippon Steel agrees to buy US Steel for $14.1 billion
The deal caps months of uncertainty over the future of the iconic American company.
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Panama rejects Orla Mining’s request for permit extension
The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether.
Burkina Faso replaces mining minister as gold output drops
Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022.
Russia considering waiving export duties for two Rusal smelters
Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods.
EU sets critical mineral goals, but faces struggle to hit them
The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030.
Vedanta Ltd declares second interim dividend for FY24
The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades.
Nickel-rich cathodes show promising results for longer-lasting EV batteries
High-energy, nickel-rich cathodes may increase electric vehicles’ ability to store more energy per charge and to withstand more charging cycles.
Arizona Lithium hits 3-week high on premium financing for Canada project
Funds will be used to advance the Prairie lithium project in Saskatchewan towards production, expected in the first quarter of 2025.
Lithium ends dire year with cautious mood during contract season
Producers have recently been in talks with clients — mostly in Asia — to hash out contracts for 2024.
