Mitsubishi Materials targets more mines to triple copper output by 2030
Company is also considering mergers and acquisitions in rare earth and lithium-ion battery recycling.
Latest Stories
South32 sees China manganese demand up as half-year profit falls
A pick-up in property-related steel demand from China would underpin higher manganese prices in coming months, CEO Graham Kerr said.
Two missing Australian zinc mine workers found dead
A third employee was rescued with minor injuries.
Barrick CEO calls recent takeover wave ‘over the top’
"We’re not shy on doing deals that create value for our stakeholders, but we are guided very clearly by our investment focus," Bristow said.
Magnesium – a promising candidate for rechargeable batteries
Japanese researchers want magnesium batteries to become a reality.
Glencore to sell 23% stake in Peruvian miner Volcan
The sale of the silver-zinc producer, which has five operating mines, is part of Glencore's efforts to further simplify the business.
GRI presents sustainability reporting standard for mining companies
A draft Standard is open for public comment until April 30, and webinars will take place on February 23 and March 2.
South32 half-year profit falls on easing commodity prices
Underlying earnings for the six months ended Dec. 31 was $560 million, compared with $1 billion in the previous corresponding period.
Albemarle’s lithium sales jump fivefold despite price hikes
The company posted net income of $1.13 billion, compared with a loss of $3.8 million the year-ago period.