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...
BHP is set to receive three new high-capacity cone crushers from Mesto at its Mount Whaleback iron ore mine in the Pilbara. “The MP800 cone crushers will replace the long-serving MP cone crushers,” Metso mining and crushers vice president Vinicius Vilela said....
Sandvik has introduced two new virtual training solutions for underground drills operations. The training simulators are part of Sandvik’s Digital Driller program aiming to offer an authentic, safer learning environment for operator training across all underground...
Chile’s Codelco, the world’s largest copper producer, is reassessing the costs of upgrades to extend the life of its mines, its chairman said, given cost overruns at El Teniente and Chuquicamata. Higher costs could mean Codelco’s debt is likely to...
