Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’
Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued asset sales unfounded, the latest step in a long-running dispute between two of Russia’s biggest metals firms.
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Codelco aims to land partner for Maricunga lithium by next year
Chile’s state-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt flats, Maricunga, in the first quarter next year, chairman Maximo Pacheco said on Monday.
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Former Vale board member claims political influence in CEO succession
A former board member for Brazilian miner Vale said his decision to step down on Monday came after the firm’s succession process was conducted in a “manipulated manner,” according to his resignation letter seen by Reuters on Tuesday.
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Exxon aims to make key lithium technology decision by year
Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world’s top producers of the battery metal, an executive said on Thursday.
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Codelco places $2bn in bonds as miner aims to boost copper output
Chile’s Codelco, the world’s largest copper producer, placed $2 billion in unsecured dollar-denominated debt maturing in 12 and 29 years on Tuesday, the miner said in a statement confirming an earlier report from capital markets publication IFR.
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US claims huge chunk of seabed amid strategic push for resources
Mining News Pro - The US extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies.
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Visit: 162
Rio Tinto aims to add more iron ore with stronger China outlook
Mining News Pro - Rio Tinto Group, the world’s no. 2 miner, will aim to boost iron ore output with a stronger outlook in China and as urbanization in India and across parts of Asia drives new steel demand growth.
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US bill aims to counter China control of Congo critical minerals
Mining News Pro - The Chairman of the House Africa subcommittee, Representative John James of Michigan, introduced a bill requiring the creation of a US national strategy to secure supply chains of critical minerals from Democratic Republic of Congo.
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Albemarle aims to expand Chile lithium mine in 2028 with new technology
Mining News Pro - Brine pools from a Albemarle’s lithium mine. (File image)
Albemarle Corp hopes to expand its lithium operations in Chile’s Atacama salt flat as early as 2028 with direct lithium extraction (DLE) technology under its current government contract, Ignacio Mehech, the company’s Chile manager, told Reuters.
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Albemarle aims to use new lithium tech in Chile as govt broadens control
Mining News Pro - Albemarle Corp plans to deploy new lithium filtration technologies in Chile as the government moves to broader control over its vast lithium sector and expand production of the metal used to make electric vehicle (EV) batteries, chief executive Kent Masters said on Thursday.
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South32 aims for downstream production of battery chemicals
Mining News Pro - Australian diversified miner South32 Ltd will consider moving into the production of manganese sulphate in the United States to take advantage of growing demand from the battery sector its chief executive said on Thursday.
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NioCorp aims for 92% rare earth recoveries at demo plant in Quebec
Mining News Pro - Rare earth miner NioCorp Developments said it had succeeded in producing a high-purity mixed concentrate of the sought-after elements from its demonstration plant in Canada.
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New solution aims to effectively monitor tailings facilities from space
Mining News Pro - A new solution that uses satellites and earth observation coupled with ground sensors to monitor mine tailings facilities was recently launched by a Tokyo-based company and a London-based startup.
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Visit: 171
Glencore pays $180 million to Congo to settle corruption claims
Mining News Pro - This includes the company’s payment of $27.5 million in bribes to the DRC between 2010 and 2013.
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Visit: 275
Saudi Arabia aims to become leader in sustainable mining
Mining News Pro - The Saudi Arabian government recently contacted Australian miners about supporting its $170 billion mining plan. The Kingdom has already become one of the world’s leaders in terms of phosphate fertilizer production with state-owned Ma’aden.
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EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims
Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.
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Australia’s mining state aims to build battery manufacturing hub
Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.
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Nigeria to pay $496 million to settle claims over steel plants
Mining News Pro - Nigeria has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Ltd following the termination of a contract to upgrade the country’s steel plants, the presidency said on Saturday.
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New Australia-based think-tank aims to broker enterprise relationships between miners
Mining News Pro - A new think tank, the Ian Kowalick Aboriginal Enterprise Institute, has been launched in Adelaide with the idea of helping Aboriginal people make more informed business decisions, particularly when it comes to resource extraction ventures in their traditional territories.
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Chile aims to outline state lithium firm model this year, minister says
Mining News Pro - Chile’s government, which has pledged to establish a state lithium firm to develop the ultralight battery metal, hopes to establish a model for the company by the end of the year, mining minister Marcela Hernando told local paper La Tercera on Sunday.
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Gold price retreats as dollar rally dims precious metals appeal
Mining News Pro - Gold, along with other precious metals, retreated on Thursday as investors’ attention turned to the accelerating dollar, driven by bets that the US Federal Reserve will stick to aggressive rate hikes.
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Visit: 552
Gold price retreats as dollar rally dims precious metals appeal
Mining News Pro - Gold, along with other precious metals, retreated on Thursday as investors’ attention turned to the accelerating dollar, driven by bets that the US Federal Reserve will stick to aggressive rate hikes.
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Visit: 286
SEC sues Vale for false claims tied to Brumadinho dam collapse
Mining News Pro - US securities regulators sued Vale SA, one of the world’s largest iron ore miners, for allegedly making false claims about safety before the January 2019 collapse of its Brumadinho dam that killed 270 people.
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Ontario aims to boost EV industry as it announces first critical minerals strategy
Mining News Pro - As part of its five-year critical minerals strategy announced today, Ontario will invest C$24 million over three years in its Junior Exploration Program, half of which will be invested for a critical minerals funding stream, and C$5 million for a critical minerals innovation fund.
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Metal thieves stealing exhaust pipes send US auto claims 1,000% higher
Mining News Pro - State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S.
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Visit: 482