Chinese miners eye overseas deals after battery metals slump

Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down entirely, they want to get even bigger.

Criminals’ attempt to kidnap Peruvian miners quashed

The Pataz Unified Command, whose members hail from the National Armed Forces and the National Police, detained three men in their mid-to-late twenties, who attempted to kidnap a group of miners in the La Libertad region, northwestern Peru.

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo said on Thursday.

Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua

Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.

BHP becomes first miner in Chile to exceed 40% female representation

BHP, the world’s largest miner, has come a long way in the matter of female representation in its workforce, particularly in Latin America, becoming this year the first mining company in Chile in which women account for 40.8% of its staff.

Australia and Vietnam upgrade relations, to begin talks on critical minerals

Australian Prime Minister Anthony Albanese said on Thursday the country was raising ties with Vietnam to the level of a comprehensive strategic partnership, with an annual dialogue on minerals amid a push to diversify supply chains away from China.

Sprott Asset Management launches copper miners ETF

Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.

Canada and Australia boost collaboration on critical minerals

Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of critical minerals, they said in a joint statement on Monday.

Fleet Space, Stanford University’s Mineral-X team up to advance space-enabled climate innovation

Australia-based Fleet Space Technologies, developer and operator of microsatellites, announced Monday that it has been named an industrial affiliate of Stanford University’s Mineral-X program — a research organization combining expertise in geoscience, resource optimization and artificial intelligence (AI) to enable a decarbonized mineral supply chain.

Northam CEO says South African platinum miners facing worst crisis in decades

Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet.

India launches second part of critical minerals auction worth $362 billion

India launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about $362 billion), the country’s mines minister, Pralhad Joshi, said on Thursday.

Australia considers tax credit for minerals processing, says industry group

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining industry association said on Wednesday.

China’s top coal producing region tells miners to curb overproduction

China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.

Polymetal to drop out of top 10 gold miners on Russia sale

Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine.

Australia lists nickel as ‘critical mineral’ to unlock billions in support

Australia classified nickel as a “critical mineral” on Friday, opening the way for the crisis-hit industry to access billions of dollars in cheap government loans, as its prime minister prepared wider policy support for the green energy industry.

Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact

Aluminum giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments Ltd as defendants in the case against Vladimir Potanin, CEO of Nornickel.

Canadian graphite miner NMG scores deals with GM, Panasonic

Nouveau Monde Graphite inked on Thursday multi-year offtake agreements with General Motors and Panasonic Holdings, with both companies also vowing to invest in the Canadian miner to help it produce high-quality graphite in North America.

Canada to accelerate critical mineral mining

Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, energy minister Jonathan Wilkinson told Reuters on Tuesday.

Nine gold miners missing in Turkey after landslide

Nine miners were still missing eight hours after a landslide at an Anagold Mining operation in eastern Turkey on Tuesday, the energy ministry said, with rescue efforts underway.

Gecamines offers to buy some of Khazakh miner ERG’s copper assets

Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group’s copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition.

Anglo CEO says he can run sprawling miner better than any activist

Anglo American Plc’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist intervention.

Australian gold miner Red 5 to acquire Silver Lake Resources

Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement on Monday.

Uranium stocks extend surge after Kazakh miner cuts output

Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target.

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa’s reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate China’s years of investment on the continent.

Pentagon plans AI-based program to estimate prices for critical minerals

The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals, a move aimed at boosting market transparency but one that throws a new, uncertain variable into global metals markets.

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