BHP CEO says ‘ship has sailed’ on potential acquisition of Canada’s Nutrien
The world’s biggest mining company is concentrated on building its own potash business instead.
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Brazilian court rules in favor of Brazil Potash’s Autazes project
The $2.5 billion project aims to provide an initial output that is sufficient to cover approximately 20% of Brazil’s potash needs.
Rio Tinto aims to add more iron ore with stronger China outlook
The producer will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia’s Pilbara region.
Funds return to LME nickel with $4.6 billion in short positions
Measured by value, that’s a record in data going back to 2018, while in tonnage terms the mismatch is near an all-time high seen in 2019.
Gold price rises to 11-week high on escalating Middle East conflict
Bullion has been on the rise since Hamas’ surprise attack on Israel earlier this month, up more than 5% over that period.
Antofagasta shares fall after 2024 copper output forecast disappoints
The Chilean miner said it produced 469,100 tons of copper in the first nine months of 2023, 4.1% higher than the same year ago period.
Paladin becomes sole owner of Michelin uranium project
With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada.
‘Green’ battery recycling technique allows for massive recovery of aluminum, lithium
A recently developed method allows for the recovery of 100% of the aluminum and 98% of the lithium from spent electric car batteries.
Grupo Mexico proposes work group to address Sonora river contamination
Nine years ago, a toxic mining acid spill into the Bacanuchi river in Mexico's Sonora state became one of the country's worst ecological disasters.
