August 31, 2023

Top investors seek damages from Glencore over prospectus claims

Almost 200 funds are seeking compensation for losses they allegedly suffered because of Glencore’s "untrue statements" and omissions.

August 31, 2023

Fortescue CFO leaves three days after CEO’s departure

Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.

August 30, 2023

Lithium revival a dead cat bounce as prices slump to 20-month low

Sales-weighted worldwide prices for lithium the lowest since December 2021 as weakness in China is exported elsewhere.

August 30, 2023

BHP mulls taking Escondida underground

BHP is studying ways to offset an expected drop in copper grades in Chile, including a new concentrator and taking Escondida underground.

August 29, 2023

Sayona CEO resignation won’t impact flagship mine, partner says

Piedmont has a 25% stake in NAL, which started producing lithium earlier this year.

August 29, 2023

Private credit funds mull jumbo loan for Australian coal mines

The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.

August 29, 2023

Rio Tinto-First Quantum JV to develop massive copper project in Peru

La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal.

August 28, 2023

Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps

The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million.

August 28, 2023

Sayona Mining’s CEO resigns, shares tank

Brett Lynch played a key role in the acquisition of the North American Lithium (NAL) operation in Québec.

August 28, 2023

New zinc-air battery shows high power density, ultra-long stability

Australia-based researchers have redesigned zinc-air batteries by using a combination of new materials.