November 15, 2024

IEA, India to collaborate on critical minerals data analysis

The IEA is placing a strong focus on critical minerals analysis, with the Agency set to release a World Energy Outlook special report this month.

November 15, 2024

Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago

The world's biggest nickel producer has bought record volumes of the ore from the Philippines since April.

November 13, 2024

Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says

The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024.

November 12, 2024

Korea Zinc to decide on disputed $1.8 billion share plan as pressure rises

The world’s largest zinc smelter has been caught up for months in a fight between its largest shareholders over strategy and direction.

November 12, 2024

Adaro eyes $291 million from unit IPO to spin off coal arm

Adaro is spinning off the coal mining unit valued at $2.45 billion to focus on developing cleaner energy, with an aluminum smelter being built in Kalimantan.

November 12, 2024

PT Vale and China’s GEM partner for $1.4 billion Indonesian nickel plant

The plant will process nickel laterite ore from the Vale unit into 66,000 tons of mixed hydroxide precipitate annually.

November 11, 2024

Hindalco beats Q2 profit view on higher aluminum prices

The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year.

November 10, 2024

China, Indonesia seal $10 billion in deals focused on green energy and tech

The countries agreed to enhance collaboration in sectors such as new energy vehicles, lithium batteries, photovoltaics and the digital economy.

November 10, 2024

US judge narrows investor lawsuit against Rio Tinto over Mongolian mine

Rio Tinto and its former CEO are accused of defrauding investors by concealing problems developing the $5.3 billion Oyu Tolgoi mine.

November 9, 2024

Barrick falls behind rivals as No. 2 miner misses boost from bullion boom

Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors turning increasingly sour on the world’s second-biggest gold producer.