Ford shuts down in Brazil, and China’s top EV maker comes to the rescue
The resurrection of the former Ford plant represents the grand industrial ambitions of President Luiz Inácio Lula da Silva.
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Mining is growing rapidly – so are investor-state disputes
New study shows dramatic increase in investor-state disputes and 80% of miners and counsel involved in arbitration expect greater government intervention over the next year.
Investor that took on Exxon targets deals in critical minerals
Investment fund Engine No. 1, known for its battle with Exxon and recently taking a surprise stake in Vale’s base metals business, is eying more deals in critical minerals.
Ramaco shares dive as coal outlook softens, board okays rare earths buildout
Headline earnings, adjusting for non-recurring items, fell 38% yearly to $30 million.
China’s new state-run agency explores expanding into spot iron ore procurement
A push into the spot iron ore market would expand the new state buyer's ability to secure lower prices.
Polymetal plans to sell Russian assets under sanctions in 6-9 months
The company had planned to separate its Russian and Kazakh businesses.
Ecuador’s President asks court to resume environmental consultations
Popular referendums, halted since last week, are a necessary step for any mining company hoping to obtain an environmental license in Ecuador.
Gerdau reveals details of its $653 million investment plan in Brazil
SRK has certified the presence of 476 million metric tons of proven and probable iron ore reserves in the Miguel Burnier mine.
Lucara reports fourth diamond recovery north of 1,000 carats
The diamond, measuring 82.2 x 42.8 x 34.2 mm, is described as a type IIa top-white gem of high quality.