Perth-based GreenX Metals will acquire a 90 per cent interest in a copper project in Germany. GreenX has entered into an earn-in agreement with private German company Group 11 Exploration GmbH to acquire interest in the Tannenberg copper project in central Germany....
Just five months after announcing its intention to acquire Alumina Limited, Alcoa has now officially taken the reins. Alcoa president and chief executive officer William F. Oplinger welcomed the closure of the $2.8 billion deal, which will increase Alcoa’s ownership...
Glencore has maintained its 2024 production guidance and added additional steelmaking coal volumes for the second half of the year. The ramp up follows Glencore’s successful takeover of Canadian-based Elk Valley Resources (EVR), Teck Resources’ steelmaking coal...
New Gold has produced 68 598 oz of gold and 13.6-million pounds of copper for the second quarter ended June 30. This was achieved at an operating expense of $1 156/oz of gold sold, with an all-in sustaining cost (AISC) of $1...
Albemarle, the world’s largest lithium producer, said it would slash costs for the second time this year and that everything but its dividend could be on the chopping block. The aggressive move was caused by tumbling prices for the metal used to make electric...
