Mining industry struggles with valuation gap amid shift to copper
Big diversified miners are watching rival copper producers gradually grow beyond their reach.
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Glencore Congo copper mine hit with $894 million royalty row
Kamoto is one of the largest mines in Congo, exporting 200,000 tonnes of copper and 16,000 tonnes of cobalt in 2023.
Fortescue, Liebherr secure orders for 100 electric mining trucks
The two companies signed a $2.8 billion partnership to supply 360 of the trucks to Fortescue.
How Europe’s battery hope has become a symbol of the EV bust
Northvolt was supposed to power Europe’s response to the likes of Tesla and China’s fast-growing electric vehicle makers.
Defense Metals, Saskatchewan Research Council team up to strengthen Canada’s REE supply chain
The MOU provides a framework for the parties to leverage their respective capabilities and interests in the supply and processing of rare earth materials.
EnergyX raises another $50 million, opens new production facility in Austin, Texas
The company's technology has raised over $110 million and is backed by investors including General Motors, Eni, and POSCO.
Volt Lithium achieves first production in Texas
The company began operating its DLE system on September 17, 2024, and is currently optimizing its field unit.
Teck partially shuts British Columbia zinc plant due to fire
The Trail Operations represent one of the world’s largest fully integrated zinc and lead smelting and refining complexes.
Miners prefer Canada to overseas: KPMG
Nearly 80% of mining executives are optimistic about the wider industry's five-year growth prospects, up sharply from 62% in 2022.