April 21, 2021

Pilbara Minerals says spodumene in tight supply as enquiries rise

Australia lithium miner said that lithium concentrate spodumene was in "relatively short supply" as enquiries for the raw material used in EV batteries rise.

April 20, 2021

BHP expects full-year iron ore output near upper end of forecast

Company reported a near 2% dip in third-quarter iron ore production.

April 20, 2021

Lynas shares tank as it faces logistics issues

The company said it plans to maintain production at 75% however, as it seeks to continue to meet covid-19 safety protocols and grapples with shipping difficulties.

April 20, 2021

Iron ore price surges to 10-year high after Vale, Rio miss on output

Iron ore prices jump 4% on Tuesday with $200 in sight, extending gains spurred by disappointing output figures from top two producers.

April 20, 2021

Australia’s NSW government to buy out China Shenhua coal mine permit

Farmers have opposed the mine since it would be on prime agricultural land that could impact the region's water table and local Aboriginal people are against the development because it…

April 19, 2021

Lynas revenue jumps 21% as rare earth prices hit new records

"While the persistence of the COVID crisis, especially in Europe, calls for careful forecasts for our business ahead, we see the rare earth market recovering very quickly," the world's largest…

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.