Codelco pays heavy price for ramping up debt burden to fund over-budget projects
The miner sold two tranches of debt worth a total of $2 billion last week at 230 basis points and 235 points above US Treasuries.
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Russian tycoon’s investment group sells Polymetal stake to Omani-owned consortium
Polymetal International is seeking to sell its Russian assets, which were sanctioned by the US in 2023.
Nornickel forecasts further nickel, palladium output drop this year
The miner said it was hit by adverse geopolitical risks and postponed furnace repairs, following a drop in production in 2023.
Albemarle lays off 300 employees on weak lithium prices
The world's largest lithium producer's move comes as an oversupply of the metal used in EV batteries has caused prices to collapse.
Metallurgical coke used in next-gen cement, concrete
Graphene derived from coke could serve as a reinforcing additive in cement and a replacement for sand in concrete.
Nunavut grants White Cliff exploration permit for copper project
The regulatory approval marks a major step in the permitting process, allowing the firm to appoint contractors for this year’s activities.
High-voltage tower serving Poderosa gold mine in Peru destroyed by illegal miners
This is the 11th time in a year that illegal miners have attacked La Poderosa's energy infrastructure.
Small electric aircraft have lower environmental impact than equivalent fossil-fuelled aircraft
Battery-powered electric aircraft have the potential to significantly reduce the environmental impacts of aviation, according to new research.
Chinese engineers are keeping Russia’s metal furnaces firing
A $840-million coking plant in the steel town of Magnitogorsk is being built by a Chinese engineering giant and hundreds of Chinese workers.