Australia’s resources minister seeks investment from Korea, Japan

Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects.

Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q

Mining News Pro - Some Japanese aluminum buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments in January to March, down 7% from the current quarter, three sources directly involved in the pricing talks said.

Japan’s Jan-March crude steel output forecast to rise 1.7%

Mining News Pro - Japan’s crude steel output is forecast to rise 1.7% year on year in the first three months of 2024 because of healthy demand from automakers, the Ministry of Economy, Trade and Industry (METI) said on Tuesday.

Lithium heavyweight Chile woos Japan to develop local industry

Mining News Pro - Chile, home to the world’s largest lithium reserves, says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to the ingredient, in exchange for adding value to the raw material and transferring skills.

Lundin in talks with Japanese trading houses to develop Argentina mine

Mining News Pro - Canadian-Swedish miner Lundin Mining is in talks with Japanese trading houses and large miners to offer a stake of between 40% and 50% in Argentina’s Josemaria mine, incoming CEO Jack Lundin told Reuters in an interview on Thursday.

Canada, Japan agree to work more closely on battery supply chains

Mining News Pro - Canada and Japan on Thursday agreed to work more closely together to establishing sustainable and reliable global battery supply chains, the Canadian government said in a statement.

Japan signs deal with Namibia to explore for rare earth minerals

Mining News Pro - Japan on Tuesday signed an agreement with Namibia to jointly explore for rare earth minerals as part of its broader plan to develop supply chains for cobalt and other minerals used in making electric vehicle batteries.

Japanese miners see Chile’s tax hikes deterring new investment

Mining News Pro - Japan’s miners see higher taxes in Chile potentially discouraging them from investing in new mines in the world’s top copper producer but would not lead them to quit existing projects, the head of an industry body said on Monday.

US seeks critical mineral pacts with Japan, UK to curb China

Mining News Pro - The US government is exploring narrowly focused trade pacts on critical minerals with Japan and the UK, in addition to talks with the European Union, the latest salvo in its push to counter Chinese influence in key sectors, officials familiar with the matter said.

Camino to partner with Japan’s Nittetsu at Los Chapitos copper project in Peru

Mining News Pro - Camino Corp. has signed a letter of intent to partner with Japan’s Nittetsu Mining Co. at its Los Chapitos copper exploration project in Peru. Nittetsu currently operates the Atacama Kozan copper mine located in northern Chile that was developed from an iron oxide copper gold (IOCG) deposit style similar to Camino’s Los Chapitos project.

Japan’s Jan-March crude steel output seen falling 4.0% year-on-year

Mining News Pro -Japan’s crude steel output in the January-March quarter of 2023 is forecast to fall 4.0% from a year earlier to 22.10 million tonnes, the Ministry of Economy, Trade and Industry (METI) said on Thursday.

Surging energy prices force Japanese steel giant to revisit coal

Mining News Pro - Nippon Steel Corp. is prepared to make more investments in coal mines after the energy source surged in price, as Japan’s biggest steelmaker looks at ways to stabilize the supply of one of its key raw materials.

US and Japan reach agreement to remove Trump-era steel tariffs

Mining News Pro - The U.S. and Japan reached a truce that will allow most steel shipments from the Asian nation to enter tariff-free for the first time since 2018 and sees the countries working together to combat Chinese trade practices that harm the industry.

Japanese researchers find formula for fast-charging lithium-ion batteries

Mining News Pro - A team of scientists at the Japan Advanced Institute of Science and Technology (JAIST) developed an approach to anode fabrication that could lead to extremely fast-charging lithium-ion batteries.

South Korea, Japan drive booming met coal demand

Mining News Pro - Interest in Australia’s metallurgical coal (met coal) has enjoyed a significant increase in recent times, as South Korea, Japan and Europe pounce on the popular resource.

Rio Tinto doubles down on net zero target with Japan

Mining News Pro - Rio Tinto has intensified its efforts to decarbonise by 2050 by joining Japan’s Green Value Chain (GVC) Platform Network to achieve scope one, two and three emissions reductions targets.

Rio signs up for Japanese carbon network

Mining News Pro - Mining major Rio Tinto has joined Japan’s Green Value Chain Platform Network (GVC Network) to engage on innovative approaches to reduce Japan’s carbon footprint.

Barrick funds $4m exploration campaign in Japan

Mining News Pro - The Barrick Alliance approved a $4-million budget, solely funded by Barrick Gold, to complete the 2021 exploration programs planned for 29 projects in Japan.

Barrick, Japan Gold step up southern exploration

Mining News Pro - Barrick and Japan Gold have secured rights to 18 new prospecting areas that further extend their projects in the Asian country’s southern Hokusatsu Region.

Fortescue to ink hydrogen deal with Japan

Mining News Pro - Fortescue Metals Group is set to build a consortium with Kawasaki Heavy Industries and Iwatani Corporation to supply liquid hydrogen into Japan.

China, Japan to lead platinum demand rebound over next four years

Mining News Pro - Platinum demand is set to fall by 7.2% globally this year, on the back of lower demand from the automotive and jewellery sector.

Barrick’s Japan exploration partner expands footprint

Mining News Pro - Canadian exploration company Japan Gold, which has a country-wide alliance with gold major Barrick Gold to jointly explore, develop and mine certain gold mineral properties and mining projects, has expanded its footprint in Japan.

Barrick, Japan Gold expand footprint with new project

Mining News Pro - Barrick and Japan Gold are expanding their footprint in the Asian country with the acquisition of the Kanehana project, which comprises 40 new claims and covers seven historic gold mines.

Nigerian oil-services firm Japaul seeks $70 million to switch to mining

Mining News Pro - Japaul Oil & Maritime Services Plc, a Nigerian petroleum-services company, plans to raise 27 billion naira ($70 million) in a share offer in November to fund its switch to mining as crude exploration and production activities wane.

Nigerian oil-services firm Japaul seeks $70 million to switch to mining

Mining News Pro - Japaul Oil & Maritime Services Plc, a Nigerian petroleum-services company, plans to raise 27 billion naira ($70 million) in a share offer in November to fund its switch to mining as crude exploration and production activities wane.

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