Chile-based copper producer Codelco is set to diversify its offering by acquiring Australian junior Lithium Power International (LPI). LPI shareholders have voted in favour of the acquisition, which will see Codelco subsidiary Salar de Maricunga SpA acquire all...
Rio Tinto has signed a 25-year deal to buy all power generated by the proposed 1.1 gigawatt Upper Calliope solar farm for its Gladstone alumina operations in Queensland. The deal will see Upper Calliope become a core power source for Rio Tinto’s three Gladstone assets...
Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This trade shift corresponds with increased coal exports...
C odelco, the world’s biggest copper producer, won approval to buy Lithium Power International after shareholders of the Australian junior voted in favor of a takeover that diversifies the Chilean miner’s portfolio of key energy transition metals. Shareholders agreed...
China’s coal-buying bonanza last year benefited suppliers of higher-grade fuel the most, but 2024 is likely to prove more challenging for imports generally as the world’s biggest buyer dials back its requirements. Imports surged 62% in 2023 to an unprecedented...
