Shares of Zhengzhou Coal Mining Machinery Group fell after the Chinese maker of mining equipment said it had invested as much as CNY300 million (USD41.8 million) in products linked with Huisheng Private Equity Securities Fund Management, which is accused of fraud....
During 2023, platinum has benefited from stellar industrial demand to reach a record level, with 2024 heading for the third-highest industrial demand spot. Today’s publication of the platinum quarterly of...
Komatsu America Corp, a wholly owned subsidiary of Komatsu, is set to acquire American Battery Solutions (ABS) from December 1, 2023. ABS is a battery manufacturer based in Detroit, Michigan, developing heavy-duty and industrial battery packs for on- and off-road...
Charger Metals has announced it has entered into a farm-in agreement with Rio Tinto Exploration (RTX) for its Lake Johnston lithium project in the Yilgarn region of Western Australia. The company also announced it has simultaneously agreed to purchase Lithium...
Rio Tinto, one of the world’s largest mining companies, agreed to pay a $28-million fine to settle a US Securities and Exchange Commission (SEC) lawsuit that accused it of fraud in handling a failed investment in a Mozambique coal project. The settlement...
