October 27, 2023

Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer.

October 26, 2023

Rinehart may block SQM $1bn takeover of Azure Minerals

The Australian billionaire, who recently thwarted Albemarle’s buyout of Liontown, is said to be evaluating ways to hinder SQM's bid.

October 24, 2023

Petra Diamonds says supply curbs, India’s moratorium stabilizing market

The miner is confident about the positive effects that supply curbs by major producers and India's two-month import moratorium will have on the market.

October 23, 2023

SQM buys 30% stake in Australia’s Pirra Lithium

The Chilean lithium giant will ultimately increase its interest to 40% by spending $1.9 million in exploration.

October 20, 2023

Ionic wins licence to mine rare earths in Uganda

The Makuutu project has a geology similar to southern China's clay-type deposits, the cheapest and most accessible source of heavy REEs.

October 20, 2023

Atlantic Lithium granted 15-year permit for Ghana mine

It comes as Ghana seeks to diversify away from gold production to tap into the multibillion-dollar battery metals industry.

October 18, 2023

Paladin becomes sole owner of Michelin uranium project

With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada.

October 18, 2023

Codelco to buy Lithium Power for $244 million

The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector.

October 17, 2023

Rio Tinto cuts Canadian iron ore guidance

The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.

October 17, 2023

Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR

Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland.