Rare earths miner Lynas has signed an updated contract with the US Department of Defence (DoD) for the construction of its heavy rare earth processing facility in Texas. Lynas was in 2022 awarded a $120-million contract from the DoD to build a commercial heavy rare...
Rio Tinto is set to expand its foothold in Chile’s lucrative mining sector with its decision to purchase PanAmerican Silver’s majority stake in Agua de la Falda S.A., a company holding exploration tenements in the promising Atacama region. Alongside this...
Glencore is set to acquire a 56.25 per cent stake in the MARA project from Pan American Silver. The MARA project is located in the Catamarca province of Argentina, approximately 25 kilometres north of Andalgala. It is a high-quality, long life, low-risk brownfield...
As was the case with India, China was slow to give up on coal as the source of energy and heating. But at the same time, it was investing significant amounts of domestic resources for developing renewable sources of energy. According to one newspaper analysis issued...
BHP Group (BHP.AX) expects the rampant expansion of India’s steel industry to boost its coal business significantly, Chief Commercial Officer Vandita Pant told the Financial Times on Monday. Around 40% of BHP’s metallurgical coal, used by steel...
Last Friday, the company informed the market that it now golds all the material permits required to begin construction, which is targeted for 2024. The $800 million Tennessee Lithium project has a planned capacity of 30,000 tonnes per year of lithium...
