June 25, 2024

Japan finds over 200 million tonnes of battery metals in seabed

The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years).

June 24, 2024

Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia

Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia.

June 24, 2024

Vedanta mulls first dollar bond sale of $500 million

The bond sale could climb to $1 billion depending on the response from investors, Bloomberg sources say.

June 24, 2024

Adani, Hindalco show interest as Hindustan Copper plans to develop two mines

Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand.

June 24, 2024

India to auction 21 critical mineral blocks across more than six states

India has been auctioning critical mineral blocks since November as part of efforts towards a clean energy transition.

June 23, 2024

Hedge funds’ bullish copper bets run into China’s slowdown

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

June 21, 2024

OceanaGold halts operations at Didipio mine after worker death

The gold mine halted operations for 24 hours after an employee died near the paste plant.

June 20, 2024

Mining M&A stokes coal race against cleaner power

Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.

June 20, 2024

Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

June 18, 2024

Coal India exploring lithium assets in Argentina with US company

Efforts are part of India's membership under the US-led Minerals Security Partnership (MSP), which New Delhi joined last year to ensure critical minerals supply.