June 7, 2018 Australia’s Fortescue takes stake in Atlas Iron, may block buyout Fortescue said it had agreed to buy a 15 percent stake in Atlas at A$0.04 per share, or A$55.7 million.
June 7, 2018 Rio Tinto signs JV exploration deal with China’s Minmetals The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
June 7, 2018 OZ Minerals closer than ever to grabbing Brazil-focused Avanco The takeover offer, which expires next week, offers great exploration potential because Avanco owns a vast landholding in the copper and iron ore-rich Carajás region, second only to giant Vale.
June 5, 2018 About 75,000 jobs to go in Germany’s auto industry because of EVs — study The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.
June 3, 2018 World’s No. 4 iron ore miner wants to diversify its portfolio The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
June 2, 2018 Rio Tinto completes sale of Australian coal asset As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.
May 31, 2018 Indonesia’s Adaro says Australia approves Kestrel coking coal mine deal Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.
May 31, 2018 From chopping block to ‘core,’ Anglo fires up met coal engine Anglo American Plc is set to boost metallurgical coal capacity at a mine complex in Australia by 25 percent.
May 30, 2018 Gold Fields to set aside acquisitions, sees industry costs rising — CEO The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief…
May 30, 2018 Electric vehicles on the road to triple by 2020 — IEA The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
