MP Materials enters rare earth magnet supply deal with GM, to build factory in Texas
MP will develop a 200,000 sqft. greenfield metal, alloy and NdFeB magnet manufacturing facility in Fort Worth.
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Copper price down on cooling China growth, firmer dollar
Prices are up 20% this year while a wider index of industrial metals is up nearly 30%.
Tsingshan starts producing EV battery raw material nickel matte in Indonesia
In the past two weeks, two other Chinese companies have both announced plans to produce 40,000 tonnes per year of matte in Indonesia.
Global miners to publish contracts and taxes in transparency drive
Oversight over how much tax public companies pay is part of a global drive by regulators to improve transparency across industries.
Serabi Gold’s Coringa project in Brazil hit by court ruling
No future licenses or titles will be granted to the Coringa gold project until proven it is harmless to Indigenous tribes.
New uranium-containing mineral could provide information on how to clean up nuclear waste
Oldsite forms from the interaction of air and water with uranium and iron-sulphide ores in humid underground environments.
Mining tycoon Beny Steinmetz arrested in Greece
The Israeli billionaire, who was convicted of minerals rights-related bribery in January by a Swiss court, remains in the country.
Kinross Gold to buy Great Bear for $1.42 billion
Great Bear Dixie project in northwestern Ontario is considered one of the most important Canadian gold discoveries in modern history.
Gold demand in India seen best in a decade in festival quarter
India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows.