by Gordon Barratt | Jul 31, 2020 | News
Rio Tinto has invested nearly $US200 million ($277 million) to progress the Jadar lithium-borate project in Serbia to the next stage of development. The funding will primarily cover the feasibility study and detailed engineering designs, as well as permitting and land...
by Gordon Barratt | Jul 30, 2020 | News
Australia became the largest exporter of coking coal to China in the first half of the year due to a strong rebound in steel production used to supply the country’s post-Coronavirus infrastructure and property building boom. Pandemic restrictions during the spring...
by Gordon Barratt | Jul 30, 2020 | News
Following the results of 6 months of the current year, the country’s coal mining companies produced 53 million tons of coal which is 2.9% more than in the corresponding period of the last year, Kazinform reports with the reference to the press service of the...
by Gordon Barratt | Jul 30, 2020 | News
Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes with an investment that’s decidedly more old school. Saudi Arabia’s Mohammed Al Amoudi and Russia’s Alexander Nesis and Suleiman Kerimov have the...
by Gordon Barratt | Jul 30, 2020 | News
The Pilgangoora operation. Image: Pilbara Minerals Pilbara Minerals is set to receive $US110 million ($153.3 million) in financing, positioning it to capitalise on the growing demand for raw lithium materials. The company inked such agreement with international bank...
by Gordon Barratt | Jul 30, 2020 | News
The Winu project. Image: Rio Tinto. Rio Tinto has stood on the strength of its iron ore portfolio and declared a substantial dividend despite the impact of COVID-19. The company is paying a dividend of $US1.55 per share despite its underlying earnings before interest,...
