China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade
Baowu is looking to benefit from efforts to repair trade relations between China and Australia.
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Ecobat to build new battery recycling facility in Arizona
The new facility, located in Casa Grande, will initially produce 10,000 estimated tonnes of recycled material per year.
Amplats cuts dividend payout again as South African power outages crimp profit
The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.
India opposes Vedanta’s $3bn zinc assets sale, rekindling debt worries
The Ministry of Mines urged Hindustan Zinc to "explore other cashless methods" to acquire the assets.
Finland tightens mining law as demand for minerals surges
Finland is emerging as a key mining and processing hub for battery metals with more than €6 billion in investments already planned.
Deep-sea mining would impact ecosystems beyond those in targeted areas – report
Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away.
Governments spent record $1 trillion last year subsidizing fossil fuels
International Energy Agency estimates that the combined subsidies for oil, natural gas, electricity and coal hit an all-time high in 2022.
G-7 and EU looking at ways to track and trace Russian diamonds
Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium.
Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks
Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties.