Alcoa, Ignis close to signing joint funding deal for Spain aluminum plant
Under the proposed deal, Alcoa would contribute 75 million euros and Ignis would make an initial investment of 25 million euros.
Latest Stories
NEGx Minerals to raise $127 million for projects in South America
Net proceeds will be used predominantly used towards furthering exploration at the 100%-owned Lunahuasi epithermal project.
World’s top two iron ore miners raise output even as China slows
Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018.
Aclara advances rare earth separation technology
With the technology, Aclara aims to produce high-purity mixed rare earth concentrate from its Penco Module in Chile and Carina project in Brazil.
Gold price momentum continues as industry predicts 10% upside
Gold's strong momentum continued as US Treasury yields dropped to the lowest in a week.
Eramet shares plunge after 2024 output cuts
The company cut its production targets for its manganese mine in Gabon and nickel mine in Indonesia.
GoviEx logs strong uranium recoveries for Muntanga as it preps for feasibility study
The main deposits, Muntanga and Dibbwi East, which account for 80% of the measured and indicated resources, achieved recoveries of 90% or better.
Lithium Americas revamps Thacker Pass deal with GM in new $625 million JV
For its 62% ownership of Thacker Pass, Lithium Americas will contribute $387 million to the JV and act as manager of the project.
Brazil reviews caves decree in potential boon for mining and energy
Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves.
