Japan Organization for Metals and Energy Security and Toyota Tsusho said on Thursday that the former will invest up to C$47.7-million ($33.9-million) in a Toyota Tsusho unit developing a heavy rare earths project in Namibia. The partners said the project could...
China, the world’s largest coal consumer, generated less than 50% of its electricity from the fossil fuel in the six months to June, marking a first for the country which has been promoting the use of renewable energy, officials said. Coal’s share of the...
La Mancha Resource Fund, a Luxembourg-based deep value fund focused on investments in the precious and energy transition metals space, plans to acquire a 19.9% shareholdings in Canadian mineral exploration company Miata Metals Corp, through a strategic private...
The US is backing the Ampasindava rare earths project in Madagascar as part of its strategy to loosen the dominance of rivals in critical minerals supply chains, the State Department has said, underscoring Washington’s push to develop alternative sources of...
Copper, aluminium and lithium have driven Rio Tinto’s strong half-year performance, collectively contributing more than half of the miner’s underlying earnings before interest, taxes, depreciation and amortisation (EBITDA). The result coincided with Rio’s Pilbara...
