Latrobe Magnesium (LMG) has received a letter of interest (LOI) from the US Export Import Bank (EXIM), advising that it would be prepared to finance up to $US122 million ($200 million) for LMG’s Stage 2 commercial plant over a maximum repayment term of 15 years. ...
As miners advance into emerging markets, many are requesting the support of trusted service partners. Senior vice president of Kal Tire’s mining tire group Dan Allan has authored a new whitepaper that highlights the challenges and opportunities that small- and...
Saudi Arabia is ramping up efforts to deepen ties with Australia — a country with which it has traditionally done limited business — as the kingdom seeks to capitalise on fresh momentum from deals in metals, mining and finance. Officials from both countries will meet...
Brazilian miner Vale reported on Tuesday its highest quarterly iron-ore production since 2018, and said it is on track to reach the upper band of its 2025 production target for its three main businesses. Vale, one of the world’s largest iron-ore miners, produced...
Canadian miner Teck Resources has reaffirmed that its focus is squarely on the execution of its merger with Anglo American. Delivering the group’s third-quarter results on Wednesday, CEO Jonathan Price said the merger between Teck and Anglo was...
