Stocks of a type of iron-ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China’s state-run buyer for a new term contract, said sources. China...
European Lithium has further monetised its stake in Nasdaq-listed Critical Metals Corp (CRML), selling a block of shares worth $50-million in an off-market deal to a single US institutional investor, while CRML itself has raised an equivalent amount to advance its...
General Motors Co. and a partner have paused the second phase of a cathode factory in Quebec, resulting in the cancellation of a nickel sulfate project by Vale SA. GM agreed in 2022 to buy nickel supplies from the Brazilian miner as part of a strategy to build up its...
Henkel is helping miners shift from costly breakdowns to improved operations with advanced wear protection and training. Unplanned downtime can be one of the industry’s most expensive inconveniences. For major miners in Western Australia, it is estimated that...
Fortescue Limited has awarded GenusPlus Group three contracts worth $60 million as part of its wider decarbonisation plan at its sites in Western Australia. The contracts include the construction of 220-kilovolt transmission lines and the design and construction of...
The Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China’s economic policies and export restrictions, Treasury Secretary Scott Bessent said on Wednesday....