Ford, GM in talks with Posco Chemical on battery metal hubs
GM is investing $35 billion to make its lineup fully electric by 2035, while Ford is plowing $50 billion.
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Rio Tinto’s long-awaited deal comeback is stuck in limbo
Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close the deal.
Indian miners seek higher import tax on aluminum, zinc, copper products
The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.
Australia extends $165 million in loans to local lithium miner
The 10-year debt facility will go toward expanding mining and processing at the Pilgangoora project.
France puts future of deep sea mining in doubt
A growing number of member states of the ISA have called for a “precautionary pause” or moratorium on mining due to the lack of scientific data on fragile and biodiverse deep ocean ecosystems targeted for exploitation.
Growing human rights focus in due diligence for lenders
The growing focus on human rights goes well beyond the operational realm into a mining project’s entire upstream and downstream supply chain.
Teck Resources secures 100% renewable power supply for Quebrada Blanca phase 2 from 2025
Clean energy contract will mitigate about 1.6 million tonnes of annual greenhouse gas emissions, equivalent to removing over 340,000 combustion engine passenger vehicles from the road.
Copper price rises on signs of US inflation turning the corner
The dollar fell sharply on Thursday after US consumer prices rose less than expected last month.
BHP chair apologizes for sexual harassment and racism at miner
Australian miners are under pressure to clamp down on sexual assault and harassment after a landmark inquiry unveiled shocking cases of abuse of women.
