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Mining and Metailurgy
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POSCO International to build rare earth supply chain
Metal
02-03-2025
Merdeka Battery Secures $1.4bn Financing for Nickel Plant in Indonesia
Sulawesi Nickel Cobalt (SLNC) has obtained $1.4 billion (Rp22.93 trillion) in funding to build a high-pressure acid leach (HPAL) plant on Sulawesi Island, Indonesia. Merdeka Battery Materials, through its subsidiary Merdeka Energi Baru, holds a 50.1% stak
Metal
27-02-2025
Rio Tinto Subsidiary Rincon Selects Worley for $2.5bn Lithium Project in Argentina
Rincon Mining, a subsidiary of Rio Tinto, has appointed Worley as the lead integration delivery partner (LIDP) for the Rincon full potential lithium project in Salar Del Rincón, Salta Province, Argentina. This project, with a total investment o
Electricity Transmission
27-02-2025
Chile Power Grid Flickers Back to Life After Huge Outage, Copper Mines Come back Online
A view shows the Escondida copper mine with its operations paused during a blackout in Antofagasta, Chile February 26, 2025.On Wednesday morning, February 26, 2025, Chile’s power grid and key copper mines began recovering from a significant outa
Metal
26-02-2025
China Must Cut 15% of Steel Capacity to Meet 2025 Climate Goals
"China's steel industry faces a critical challenge as the sector hits a steel glut, threatening to derail its growth momentum. Announcing a 15% production cut this year, the government aims to meet climate goals and ensure profitability. Howe
Electricity Transmission
26-02-2025
Chile Power Outage Plunges Capital Into Darkness, Hits Major Copper Mines
People sit inside a restaurant after a large power outage struck vast swaths of the country, in Santiago, Chile February 25, 2025.A widespread power outage struck Chile on Tuesday, February 25, 2025, leaving the capital, Santiago, without electricity and
Metal
25-02-2025
Aguia Resources Secures Ten-Year Lease to Use Processing Facility for Brazilian Mine
From 1 August 2025, Aguia will incur a monthly lease fee of 163,200 reais.Águia Fertilizantes, a fully owned Brazilian subsidiary of Aguia Resources, has signed a ten-year lease agreement with Dagoberto Barcelos, a Brazilian company. The deal a
Metal
24-02-2025
Oil India Partners With MECL for Mineral Exploration
Oil India has announced that it has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy (MECL) to collaborate in the exploration and development of critical mineral blocks both in India and overseas.According to an exchange
Metal
21-02-2025
Shares Drop, Gold Surges as Trump Trades Weigh on Markets
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 12, 2025.Global equity markets fell while gold prices surged on Thursday, with traders marking one month since U.S. President Donald Trump's returned
Metal
20-02-2025
Exxon, SLB Flag Interest in Lithium Projects in Chile, Say Document and Source
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.U.S. oil major Exxon Mobil (XOM.N),is planning a meeting with Chilean officials to discuss lithium investment opportunities, according to a registry of lobby
Metal
20-02-2025
Adriatic Metals Raises $50M to Fast-Track Vares Silver Project in Bosnia
The fund will support production growth at the Rupice Mine in Bosnia and Herzegovina.UK-based exploration and development company Adriatic Metals has received firm commitments from investors to raise approximately A$80m ($50.01m) in equity through a two-t
Metal
19-02-2025
Anglo Sells Brazil Assets for $500M, Targets June to Demerge Amplats
Anglo American’s Barro Alto nickel mine in Brazil.Anglo American (LSE: AAL) has set a June deadline to demerge its platinum business and has agreed to sell its nickel unit for $500 million as the company’s effort to focus on its copper
Metal
19-02-2025
China’s Copper Imports From Congo Climb by 71% Year-On-Year in 2024
The DRC surpassed Peru as the second-largest copper producer, while Chile’s share of China’s imports hit an 18-year low.China’s copper imports from the Democratic Republic of Congo (DRC) have surged, with shipments of refined
Metal
19-02-2025
Vale, Cyclone Metals Sign $138M Development Agreement for Canada’s Iron Bear Project
The project contains iron ore resources of 16.6bt at 29.3% iron.Australian miner Cyclone Metals has signed a binding commercial agreement with Brazilian mining giant Vale for a joint venture (JV) to advance the Iron Bear iron ore project in Canada.Under t
Metal
18-02-2025
Agnico to Match Barrick’s Output, May Become World’s Second-Largest Gold Producer
Agnico Eagle is now considered to be Canada’s largest mining company by market capitalisation.Agnico Eagle Mines is reportedly on track to become the world’s second-largest gold producer, challenging Barrick Gold’s position.T
Metal
18-02-2025
White Cliff Minerals Awards Drilling Contracts for Rae Copper Project in Canada
The maiden drilling campaign will focus on high-priority targets generated during a successful field campaign in 2024.White Cliff Minerals is set to commence drilling activities at its Rae Copper Project in Nunavut following the recent granting of necessa
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Most views from Mining and Metailurgy
1
Russia discovered new lithium reserves first time in more than two decades — Deputy PM
2
Silver Price Surpasses $66 for First Time
3
POSCO International to build rare earth supply chain
4
US deep-sea mineral processing plant planned by Glomar, Australia's Cobalt Blue
5
Sudan Mining Company Produces 70 Tons of Gold in 2025, a Five-Year High
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Zijin Mining Forecasts 2025 Net Profit to Increase by Approximately 59%–62% Year-on-Year
