Lynas beats profit estimates as prices of rare earths soar
Earlier this month, the US Department of Defense awarded $30 million in funds to build a facility in Texas to Lynas.
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Southern Copper to push forward on new projects as copper price spikes
Company will seek to push forward with several new and pending projects in the mineral-rich Andean nation as prices rise.
Sabina updates feasibility on 15-year ‘world-class’ project in Nunavut
Average production in the first five years is estimated at 287,000 oz gold annually.
EVs are more expensive than traditional cars—but not by much
An analysis from BloombergNEF found that “upfront cost parity” for US electric and internal combustion vehicles will arrive in 2024.
Freeport to expand US copper mines as Biden moves to electrify the nation
Company could soon greenlight expansions at three mines in the US Southwest, adding more than 250 billion pounds of copper each year to US output.
World’s two largest asset managers have invested $170bn in coal
The figure pales in comparison to the $1 trillion in coal investments held by almost 4,500 institutions globally as of January this year.
Gold price extends decline on surging bond yields
Ten-year US Treasury yields climbed to the highest in a year on Thursday, making gold less competitive as it does not bear interest.
Aboriginal Australian group encouraged but wary of South32’s engagement
CEO Graham Kerr said the miner had increased its interactions with the Noongar people over the development of its Hotham bauxite mine.
Deal for key metal in EV revolution brought bonanza for newcomer
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks.
