Capstone building copper-cobalt district in Chile
By integrating the Mantoverde and Santo Domingo mines it expects to churn out 200,000t of copper and 6,000t of battery-grade cobalt a year.
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Jokowi’s EV ambition takes a step forward with cathode factory
Aneka Tambang, Indonesia Battery Corporation and a consortium led by LG are building the facility as part of a $9.8 billion “grand package” to build battery production onshore.
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The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.
Bigger not always better when it comes to autonomous trucks — report
Whittle Consulting and Pronto joint study modeled the net present value of mining a representative copper ore body through four different scenarios, taking into account all facets of the mining value chain over an 18 year life-of-mine horizon.
Greenland rejects Energy Transition’s alternate licence proposal in draft decision
Formerly Greenland Minerals, Energy Transition has been fighting for an exploration licence since late 2021.
Alamos feasibility reveals big reserves increase, capex required
Despite the latest feasibility study outlining the potential for a larger, longer lasting, and cost-efficient operation, it comes at an 87% higher price tag.
Russia to restart buying currency, gold as energy income revives
Russia gets around a third of its budget revenues from the oil and gas industry.
US Department of Energy adds copper to critical minerals list
Move marks the first time a US government agency has included copper on one of its official “critical” lists, following the examples of the European Union, Japan, India, Canada, and China.
MP Materials profit beats, starts some rare earths refining
The company posted second-quarter net income of $7.4 million, compared to $73.3 million in the year-ago quarter.