December 19, 2024

Savannah to speed up Portugal lithium project, dismisses doubts over price and demand

The company will accelerate its lithium mine project to ensure first commercial output in 2027.

December 19, 2024

Activist Palliser pushes Rio Tinto to review dual listing

Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value.

December 18, 2024

Coal demand to keep hitting records through 2027, IEA says

The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels.

December 18, 2024

Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia

The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.

December 18, 2024

Volkswagen buys 9.9% of Patriot Battery Metals for $48 million

Patriot's project will supply lithium to Volkswagen’s battery company PowerCo in Europe and North America.

December 17, 2024

Congo files criminal complaints against Apple in Europe over conflict minerals

International lawyers said that Apple uses minerals pillaged from Congo and laundered through international supply chains.

December 16, 2024

Hummingbird Resources sold to Nioko Resources in $17.5m cash deal

Hummingbird has flagged continued challenges around operational performance at its two African mines.

December 16, 2024

Norge Mining acquires Europe’s largest natural graphite producer

Skaland mine is the world's highest-grade, operating flake graphite mine and the fourth-largest graphite mine outside China.

December 13, 2024

Trafigura profit drops 62% after ‘massive problem’ in Mongolia

The Mongolia losses mean Jeremy Weir’s tenure as chief executive officer at one of the world’s largest commodity traders is ending on a sour note.

December 13, 2024

China leads world in energy transition, Wood Mackenzie says

The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy.