by Gordon Barratt | May 14, 2025 | News
India’s coal import in the April-February period of 2024-25 dropped 9.2 per cent to 220.3 million tonnes (MT), resulting in foreign exchange savings of about Rs 53,137.82 crore, according to an official statement on Tuesday. The country had imported 242.6 MT...
by Gordon Barratt | May 14, 2025 | News
South African coal miner Exxaro Resources (JSE: EXX) has struck a 11.7-billion rand (US$640 million) deal to acquire controlling stakes in two key manganese mines, marking a major step in its shift towards critical minerals. The move, announced Tuesday, gives...
by Gordon Barratt | May 13, 2025 | News
Chilean copper producer Codelco and global miner Rio Tinto will jointly aim to create a copper”mining district” around their shared Nuevo Cobre project in the Atacama region of northern Chile, Codelco said on Monday. The new...
by Gordon Barratt | May 13, 2025 | News
Nasdaq-listed The Metals Company (TMC) has secured a $37-million capital injection through a registered direct offering, positioning the company to advance its commercial plans for harvesting polymetallic nodules from international waters. The financing round is...
by Gordon Barratt | May 13, 2025 | News
Rio Tinto and Sumitomo Metal Mining have signed final agreements to accelerate the development of the Winu copper-gold project in the Great Sandy Desert in Western Australia. Under the joint venture agreement, Sumitomo will pay Rio Tinto up to $430.4 million for a 30...