USA Rare Earth merges with Inflection Point, debuts on NASDAQ
The company spent several years privately working to tap the Round Top
rare earth deposit in west Texas, with ambitious plans to create a domestic supply chain.
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First Quantum’s Cobre Panama mine ready to suspend arbitration
Panama government will allow the export of 120,000 metric tons of copper concentrate that has been stuck in the shuttered mine for over two years and allow restart of the power plant used to run the mine.
Trump-driven turbulence draws new investors into gold
Analysts say the policy upheaval has begun to tempt US investors into gold ETFs.
Proxy adviser backs Palliser’s pursuit of unifying Rio Tinto’s dual-listed structure
Glass Lewis has expressed concerns about Rio's board falling short of investor expectations and failing to respond or defend against Palliser's proposal.
Panama asks First Quantum to end legal proceedings
All future decisions related to Cobre Panama “will be rigorously evaluated," the Commerce Ministry has said.
Codelco signals pause in copper recovery due to maintenance
The Chilean copper miner said its production this quarter will be similar or slightly below year-ago levels.
Rusal to buy 50% stake in Indian alumina refinery owner in stages
The company lost about 40% of its alumina supplies after Australia halted exports to Russia.
Glencore overhauls embattled Canadian smelters as margins plunge
The company’s copper plants in Quebec — as well as several recycling sites in the US — will be absorbed into the miner’s global zinc smelting division.
Rio Tinto joins Mitsubishi as investor in US recycling project
Exurban is planning to build a $340 million plant in Fort Wayne, Indiana, to recover metals including copper, gold and silver.