April 19, 2021

Rio Tinto’s iron ore output falls 2% on labour shortage, weather issues

Tropical cyclone Seroja impacted operations in April while labour resource availability and above average wet weather in the mines disrupted maintenance.

April 19, 2021

Turquoise Hill’s Oyu Tolgoi mine partially resumes shipments to China

Canadian miner declared force majeure on some Chinese contracts last month due to covid-19-led curbs.

April 19, 2021

Iron ore price extends rally as market focus shifts to output reports

Vale, Rio Tinto and BHP are due to report production data this week as well as give market outlooks.

April 19, 2021

Australia’s latest resources boom is driving a surge in IPOs

The Australian Stock Exchange notched up 42 IPOs in mining-related businesses over the past 12 months despite the Covid-19 pandemic.

April 19, 2021

Australian lithium miners Orocobre and Galaxy to merge in $3bn deal

Business combination creates world’s fifth-biggest producer of lithium chemicals, used to make EV batteries.

April 16, 2021

Iron ore price hits 10-year high on rising steel demand

Goldman Sachs see prices falling back to $110 a tonne by the fourth quarter.

April 16, 2021

Australia’s lithium miners bank on brighter times ahead as prices soar

Mineral Resources Ltd, Orocobre Ltd and Galaxy Resources filed reports that pointed to a rebound in lithium demand.

April 15, 2021

Ranked: Top 25 nations producing battery metals for the EV supply chain

Although China will likely maintain its dominance for the foreseeable future, other countries are ramping up their mining and refining capacities.

April 15, 2021

Iron ore price jumps on big spread between spot cargoes and futures

Goldman Sachs expects the market to enter a surplus in the second half of the year on higher Brazilian exports.

April 15, 2021

BHP completes its first refuelling of a ship with biofuel

The mining giant is exploring the use of bunker fuels such as liquefied natural gas and biofuels to replace fuel oil, aiming to reduce carbon emissions by 40% when shipping…