January 24, 2024

Australia’s oldest listed investment firm says lithium stocks turning attractive

Australian Foundation Investment Company is starting to look at the sector and last year bought a small position in diversified miner Mineral Resources.

January 24, 2024

Ghana takes stake in Atlantic Lithium with $5m investment

MIIF, the state-owned investment fund, is investing a total of $32.9 million to help develop Ghana's first lithium mine.

January 23, 2024

Pilbara Minerals moves to preserve cash after price slump

The company posted revenue of A$264 million for the quarter ended December 31.

January 23, 2024

Rio Tinto taps Australia’s largest solar farm to power aluminum assets

Once developed and approved, the Upper Calliope solar farm will have the potential to cut down Rio's operating carbon emissions by 1.8 million tonnes per year.

January 23, 2024

Australian lithium output cuts seen on price slump

Australian lithium producers may be set to track the nickel industry in project curtailments and delays this reporting season.

January 22, 2024

First Quantum shareholder SailingStone told miner about ‘missed opportunities’

First Quantum is dealing with the fallout from the sudden closure of its flagship copper mine in Panama, which accounted for about 40% of its revenue.

January 22, 2024

Nickel prices keep slumping even as mines close

The metal used in stainless steel and EV batteries is down more than 40% from a year ago amid a growing global glut.

January 21, 2024

Lynas’ Q2 revenue halves on falling prices, lower China demand

The world's largest producer of rare-earths outside China said its sales fell 51.7%.

January 21, 2024

South32 misses output estimates, puts Colombia nickel unit under review

The miner on Monday posted a near 50% drop in second-quarter metallurgical coal output.

January 21, 2024

Australian tycoon Forrest shuts nickel mines after prices crash

Wyloo's mines near Kambalda will go into care and maintenance from May 31.