July 27, 2022

Glencore sells Yancoal Australia stake in $293m block trade

The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal.

July 27, 2022

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

July 26, 2022

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

July 26, 2022

Greenland Minerals to fight draft rejection of mining permit for rare earths project

The miner will object the draft decision as it relies on a ban on uranium mining, which is being contested separately through arbitration.

July 25, 2022

South32 hasn’t found buyer for Eagle Downs coal project

It said that offers to date for the metallurgical coal project in Queensland, Australia, have been unacceptable.

July 24, 2022

South32 flags labour crunch after marginal rise to metallurgical coal output

Production of metallurgical coal rose to 1.38 million tonnes in the three months to June 30.

July 21, 2022

BHP signs MOU for nickel supply with Ford

The targeted multi-year nickel supply agreement could start as early as 2025 and may involve additional commodities over time, BHP said.

July 21, 2022

Rio Tinto, Ford to develop battery, low-carbon materials supply chain

The partnership will support the transition toward a net-zero future by supplying Ford with materials including lithium, low-carbon aluminum and copper.

July 21, 2022

Australian iron ore miners cautious on China’s plan to centralize buying

The new company is expected to coordinate procurement of imported iron ore, develop domestic iron ore resources, and oversee development of mines overseas.

July 21, 2022

Lithium refining is a ‘license to print money,’ Musk says

Tesla's CEO said there are software-like margins to be made in lithium processing — "You can't lose."