Teck sells coal assets to Glencore, steelmakers for $8.9 billion
Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.
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Glencore ready to spin-off coal unit after sealing Teck buy
Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.
Mineral Resources boosts stake in lithium miner Azure Minerals
Both MinRes and Hancock Prospecting have upped their stakes in Azure to block a takeover of the Aussie junior by Chile's SQM.
China tightens grip on copper, key to world’s energy transition
China is in the midst of a breakneck expansion of its copper industry that’s reshaping global flows of the essential metal for the world’s energy transition.
US, Indonesia to explore mineral pact as Biden and Jokowi meet
Both sides are expected to announce a joint initiative when Presidents Joe Biden and Joko Widodo meet on Monday.
EU agrees mineral supply targets to cut reliance on China
The agreed rules set targets for the region to mine 10% of the critical raw materials it consumes, such as lithium, and for the first time copper and nickel.
Brazil regulator halts waste disposal activities from Vale mine
The Fabrica Nova mine in Minas Gerais state has been halted.
Calibre Mining, Marathon Gold combine to create Americas-focused gold mid-tier
Calibre Mining is set to acquire Marathon Gold in a C$345 million deal.
Ivanhoe shares up as it declares first mineral resources for Makoko and Kiala deposits
Ivanhoe says Makoko ranks as the world’s third-largest and highest-grade copper discovery since Kakula in 2016.
