After months of negotiations and market uncertainty, BHP has finally locked in a major iron ore supply agreement with the China Mineral Resources Group (CMRG). The deal secures a crucial pathway into its biggest export market with CMRG who represents 80 per cent of...
Goldman Sachs on Tuesday maintained its forecast for the copper price to average $12 650 per metric ton this year and its estimate of a 490,000-ton 2026 surplus for the metal. However, the bank flagged risks to copper supply from potential sulphuric acid shortages...
Komatsu has reached a major milestone in autonomous mining, commissioning its 1000th autonomous ultra-class haul truck equipped with the company’s FrontRunner Autonomous Haulage System. The achievement reinforces Komatsu’s position in autonomous haulage, having first...
After months of negotiations and market uncertainty, BHP has finally locked in a major iron ore supply agreement with the China Mineral Resources Group (CMRG). The deal secures a crucial pathway into its biggest export market with CMRG who represents 80 per cent of...
USA Rare Earth will acquire Brazilian rare earths miner Serra Verde for $2.8-billion in cash and shares, the two companies said on Monday. The US company will pay $300-million in cash and 126.9-million newly issued shares of its stock for the transaction, which is...
