Rio Tinto’s Iron Ore Company of Canada (IOC) has been awarded $C18.1 million from the Government of Canada. The funding comes as part of the Canadian Government’s Low Carbon Economy Fund to support the decarbonisation of iron ore processing. With the funding, Rio...
Cobalt Blue is looking to Iwatani Corporation as a potential partner to develop the Broken Hill cobalt project. A Japanese multinational company specialising in the production and trading of commodities, Iwantani Corporation has a large trading arm that procures...
Engineering group Monadelphous’ revenue soared past $1 billion in the 2023–24 half year (H1 2024), with a further $1.8 billion in new iron and lithium contracts in the pipeline. The rise in revenue represents a 5.8 per cent increase on H1 2023, boosted by record...
US aluminium producer Alcoa on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina, valuing the company at $2.2-billion in an all-stock offer. The deal raises exposure for the major aluminium maker in the upstream...
The London Metal Exchange should classify its nickel contracts into “clean” and “dirty” contracts to give customers more choice, Australian iron ore magnate Andrew Forrestsaid on Monday. The comment by Forrest, chairman and founder of...
