January 27, 2023

Vedanta profit plummets 41% on soft metal prices

Prices of zinc, aluminum have fallen from their peaks by over 15% in 2022 from a year earlier.

January 26, 2023

Plug Power scraps electrolyser plant partnership with Fortescue

The project, announced in October 2021, is a key plank in Fortescue's ambition to become a major green energy company.

January 26, 2023

Fortescue’s Iron Bridge to begin production this quarter; Q2 shipments rise

The Iron Bridge Magnetite project, which has been a major plank of the miner's growth strategy, has faced multiple cost blow outs and delays.

January 26, 2023

US blocks mining in parts of Minnesota, dealing blow to Antofagasta’s Twin Metals copper project

Interior Secretary Deb Haaland signed an order on Thursday withdrawing 225,504 acres in the Superior National Forest from leasing.

January 26, 2023

Mongolia calls on Rio Tinto to keep budget for giant copper mine in check

The two partners have only just ended a long-running tussle over the underground expansion of the mine.

January 26, 2023

Clean energy sets $1.1 trillion record that’s bound to be broken

2022 was the first year when investment in decarbonizing energy surpassed $1 trillion.

January 26, 2023

South Africa’s blackouts threaten platinum supply in top miner

Output curbs could widen a global platinum shortage that Metals Focus forecasts to be the biggest in two decades in 2023.

January 26, 2023

Chile mine delays to slow copper growth; peak seen lower, later – regulator

Likely output of the red metal will peak at some 7.14 million tonnes in 2030, two years later than anticipated.

January 26, 2023

Mali industrial gold production rises 4.4% to 66.2 tonnes in 2022

Barrick Gold remains the country's biggest producer with output reaching 23 tonnes last year.

January 26, 2023

South Africa’s RBCT coal exports hit 29-year low in 2022

The terminal saw an average of 18 trains a day in 2022, against a capacity of 32 a day.