London gold dealer runs out of bullion as Truss budget shocks

Mining News Pro - When the pound slumped as Kwasi Kwarteng presented his mini-budget, some Britons rushed to the safety of a haven that’s recently lost its luster: gold.

Aluminum price extends gains after record spike on Russia supply fears

Mining News Pro - Aluminum rose again after Thursday’s record surge, with the London Metal Exchange’s plan to discuss a potential ban on Russian metal exacerbating supply concerns while stimulus measures in China bolstered the demand outlook.

Aluminum price extends gains after record spike on Russia supply fears

Mining News Pro - Aluminum rose again after Thursday’s record surge, with the London Metal Exchange’s plan to discuss a potential ban on Russian metal exacerbating supply concerns while stimulus measures in China bolstered the demand outlook.

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.

How sustainable is the mining industry?

Mining News Pro - There are efforts by top companies towards their ESG agenda, but more on pollution ad deforestation should be done to advance their plans.

US MINES act seeks to curb Russia, China grip on critical minerals

Mining News Pro - Republican congressman Ken Calvert (CA-42) this week introduced the Monitoring and Investigating Nations Exploiting States (MINES) Act to “hold China and Russia accountable for their efforts to monopolize critical mineral resources around the world, particularly in developing nations.”

could Russian mining mergers counter Western sanctions?

Mining News Pro - In response to Western sanctions, Russian miners have looked towards merging to create companies strong enough to resist economic penalties. Nnamdi Anyadike investigates.

Russian aluminum dilemma for Europe’s buyers

Mining News Pro - Europe’s power crisis, production cuts, and shortages of aluminum have left consumers in a quandary about Russian supplies of the metal vital for the region’s transport, construction and packaging industries.

Shallow-water mining in direct conflict with sustainability goals

Mining News Pro - In a recent study, researchers at the University of Helsinki suggest that mining in shallow marine areas is in direct conflict with international conservation and sustainability goals, as the activity poses severe environmental risks.

Yunnan asks aluminum producers to cut power usage

Mining News Pro - China’s southwestern province of Yunnan has ordered producers of electrolytic aluminum to reduce their power usage this week, the companies told Reuters on Tuesday.

China rust belt province plans $87 billion clean energy overhaul

Mining News Pro - A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production.

Gold price slides as hotter US inflation keeps hawkish Fed on track

Mining News Pro - Gold fell the most in almost a month after US inflation data came in hotter than expected, maintaining pressure on the Federal Reserve to keep aggressively raising rates.

Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

How to Cut Steel Industry’s CO2 Emissions

Mining News Pro - RMI reveals product-level carbon accounting guidance, giving corporations and steel companies the power to accelerate decarbonization of a sector contributing ~7 percent of global greenhouse gases.

Midhco focus on productivity and sustainable development

Mining News Pro - New plants of iron ore concentrate dewatering and concentrate dryer started to work in Zarand Steel Complex.

Top 10 digital use cases in mining

Mining News Pro - ABB highlights the digital applications with the best value and user acceptance for the mining industry.

Glencore faces Australian challenge over net-zero strategy

Mining News Pro - Environmental lawyers ClientEarth said on Thursday they were supporting a complaint filed in Australia against Glencore alleging the miner and trader could be misleading investors and the public over its climate strategy.

EU, US step up Russian aluminum, nickel imports since Ukraine war

Mining News Pro - The European Union and United States have ramped up buying key industrial metals from Russia, data showed, despite logistical problems spurred by the war in Ukraine and tough talk about starving Moscow of foreign exchange revenue.

Iran Alumina Company import 200 thousand tons of bauxite from Turkey annually

Mining News Pro - The CEO of Iran Alumina, located in Jajarm, North Khorasan province, said that 200,000 tons of bauxite is imported from Turkey every year as the raw material needed for this complex.

The race for US lithium hinges on a fight over a Nevada mine

Mining News Pro - The high-desert mountain pass overlooking alfalfa fields and RV parks doesn’t look like a battleground that will shape the country’s clean energy future.

Rio Tinto and Turquoise Hill get serious, ink binding takeover deal

Mining News Pro - Rio Tinto has inked a definitive arrangement with Turquoise Hill Resources to buy the 49% of the Canadian miner it doesn’t already own for $3.3 billion.

Inside Tesla’s drive to keep Musk’s battery promise

Mining News Pro - The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology.

Mining industry on track to meet decarbonization targets, say analysts

Mining News Pro - The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.

Could Coal Waste Be Used to Make Sustainable Batteries?

Mining News Pro - Acid mine drainage has long been a scourge in Appalachia. Recent research suggests that we may be able to simultaneously clean up the pollution and extract the minerals and elements needed to power green technologies.

McEwen lands Rio Tinto venture for Argentina-focused copper unit

Mining News Pro - Canadian mining entrepreneur Rob McEwen landed a big fish for his new copper unit, with a Rio Tinto Group venture set to take an almost 10% stake for $25 million as major producers line up new deposits to meet demand growth.

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