The global coal industry may have to shed nearly one-million jobs by 2050, even without any further pledges to phase out fossil fuels, with China and India facing the biggest losses, research showed on Tuesday. Hundreds of labour-intensive mines are expected to close...
Byrnecut Australia has ordered a fleet of Epiroc Minetruck MT65 S haulers for its Kathleen Valley lithium project in Western Australia. Epiroc said the MT65 S is the world’s highest payload underground truck in the field, and valued the order at SEK$130...
Rio Tinto has committed a second donation to the Australia-Japan Innovation Fund (AJIF). Rio Tinto’s latest commitment will bring its total pledges since 2018 to about $5 million in operating costs and research grants. The AJIF, formerly known as the...
Research company BMI has revised its average copper price forecast for the year to $8 550/t, down from $8 800/t previously. Prices in the year-to-date as at September 19 averaged $8 628/t. BMI says the dollar strength and market fears of another US Federal...
A new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles (EVs), also aims to add contracts for other metals used in EV batteries, executives told Reuters. The Abaxx Commodities Exchange executives...
