Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid
It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.
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Glencore eyes adding lithium to trading business — report
Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.
Australia approves $34 million in funding for critical minerals projects
Alpha HPA and Cobalt Blue will get about A$15 million each to set up an ultra-pure aluminum chemical plant and a cobalt project, respectively.
Decarbonizing iron ore and steel industry by 2050 requires $1.4 trillion investment — report
To stay in line with the Paris Climate Agreement, requires revolution across every stage of the value chain.
After South African dam collapse, mine waste to be pumped into historical pit
An earlier decision to move the waste into the pit could have relieved pressure on the tailings dam which burst on Sunday morning.
Forget rare earths, boron is the critical mineral to track
Two companies mine 85% of all boron. China holds a near monopoly on downstream processing. Now a California mine wants to break open this opaque market.
Victoria Gold provides first resource estimate for Raven deposit near Eagle mine
The mineral resource totals nearly 20 million tonnes at 1.67 g/t gold in the inferred category.
US Steel says accelerating headwinds eroding metal demand
Over the last 24 hours, three of the most iconic names in American heavy industry told investors that deliveries are waning across all sectors.
Gold price drops to lowest in two years on Fed rate hike bets
Gold has slid almost 8.8% this year as the Fed aggressively raises rates.
