Chilean state miner Codelco expects to begin production at an expansion project within its flagship El Teniente copper mine in 2029, the mine’s general director Gustavo Reyes said on Wednesday. Codelco said on August 4 that it had paused the project, which aims...
Critical minerals mining in the US is poised to benefit from a new $250-billion finance initiative announced by Bank of America on August 12. Bank of America announced an 18-month critical infrastructure finance initiative in honor of America’s...
China’s decade-plus quest to replace oil with coal in chemicals production is paying off for industry leader Ningxia Baofeng Energy Group, which pulled in record profits as crude prices soared owing to the Middle East War. Baofeng, which accounts for about a third...
Lithium Ionic and two of its subsidiaries have entered into a definitive agreement to sell the Salinas group of lithium properties, which includes the Baixa Grande lithium resources in Brazil’s Lithium Valley, in Minas Gerais. The acquiring...
Coal India, the world’s largest coal miner, is considering acquiring a unit of Canada’s Wealth Minerals with lithium mining assets in Chile, two sources familiar with the matter said. The move would mark one of India’s most significant efforts to...