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Cowal drives record year for Evolution

Cowal drives record year for Evolution

Evolution Mining has delivered a record financial year result, with an underlying net profit of $958 million for the 2024–25 financial year (FY25) – a 99 per cent increase on FY24. Across its portfolio of mining assets, Evolution produced 750,000 ounces of gold and...
Mexico’s PEMEX eyes lithium from oilfield brines

Mexico’s PEMEX eyes lithium from oilfield brines

Mexico’s state-owned oil company, Petróleos Mexicanos (PEMEX), is exploring lithium extraction from oilfield brines in a bid to diversify its portfolio and advance the country’s energy transition. Chief executive officer Victor Rodríguez said in the...