Vale Indonesia granted mining permit extension to 2035
Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.
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Lucapa to sell majority stake in Lesotho diamond mine
The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.
Brazil states ask court to double what Vale, BHP should pay for dam burst
Minas Gerais and Espirito Santo states have asked a court to order Vale and BHP to pay a total 100 billion reais.
BYD postpones plans for 2025 Chile lithium cathode plant
Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment.
Video: How the West wields laws to thwart critical mineral supply chain risks
The United States is brandishing billions of dollars in funding from recent laws to reduce the security threat from the West’s dependence on China for critical minerals.
Copper short squeeze in NY prompts rush to send metal to US
Comex copper for July delivery jumped to an intraday high of $5.026 a pound on Tuesday, near a record high.
US blames China’s CMOC for predatory tactics behind cobalt glut
CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year.
Indigenous group to take fight against Arizona copper mine to Supreme Court
The Resolution Copper project, a partnership between Rio and BHP, would supply more than a quarter of US copper.
Teck sees $3bn in annual EBITDA if copper stays around current levels
Copper is the main driver of the company's profitability after it sold its steel-making coal business.