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Eramet opens Chile office in lithium push

Eramet opens Chile office in lithium push

French mining group Eramet has opened an office in Chile, it said on Monday, as it looks to develop lithium production in South America to supply battery makers. The office, whose role is to “support future technical and...
Glencore sells copper mine for $US1.1 billion

Glencore sells copper mine for $US1.1 billion

Coal miner Glencore will sell its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC). CSA is an established, high-grade producing, long-life underground copper mine with an estimated current mine life of over 15 years, and MAC has identified...
BHP introduces water targets

BHP introduces water targets

BHP has announced new asset-level context-based water targets in honour of world environment day. Efforts to reduce greenhouse gas emissions can be tracked globally by measuring tonnes of carbon dioxide equivalent released into the atmosphere, but there is no single...
Iron ore price forecast slashed by 18 per cent

Iron ore price forecast slashed by 18 per cent

Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand. The iron ore price has been downgraded to $US90 a tonne, down from $US110. Goldman flagged risks of China’s oversupply in steel...
Bowen Coking Coal raises millions

Bowen Coking Coal raises millions

Bowen Coking Coal said at a steady pace, this will increase its coking coal export volumes at the Burton Complex, with this pit providing additional low cost, high yielding coking product. “Funds raised from the $40 million placement will primarily be applied to...