July 31, 2023

Lynas signs updated contract with US govt for Texas facility

A contribution of about $258 million by the US government is allocated to the project.

July 31, 2023

Rio Tinto, Codelco join forces to find more copper in Chile

They will explore for the coveted metal in concessions held by Agua de la Falda, in which Rio has a 55% interest.

July 31, 2023

Lynas Rare Earths’ quarterly revenue slumps 47% on lower prices

Prices of rare earth minerals have declined over the last year because of increased supply from top producer China.

July 31, 2023

IGO flags impact to Kwinana ramp-up; profit jumps

Kwinana train 1 produced 142 tonnes of lithium hydroxide in the June quarter, down over 85% sequentially.

July 31, 2023

Silver Lake eyes worst day in eight years as sales outlook disappoints

Shares of Silver Lake plunged as much as 24.2% during the session.

July 30, 2023

Renewables are cheapest new-build electricity generation in Australia – report

Wind and solar have retained their position as Australia’s cheapest new-build electricity generation despite a 20% average rise in technology costs.

July 28, 2023

Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold

Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.”

July 27, 2023

Australia to add to priority critical minerals by year-end

Minister Madeleine King said the government would prioritise support for critical minerals projects that underpin key technologies such as battery chemicals.

July 26, 2023

Fortescue sees annual iron ore shipments rising

The world's fourth-largest iron ore miner expects to ship between 192 million metric tonnes (Mt) and 197 Mt of the steel-making commodity in the year.

July 26, 2023

Rio Tinto to miss 2025 emissions cuts targets

The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.