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Trump SPAC financier to list hydrogen firm in $805m deal

Patrick Orlando, the financier helping take former US President Donald Trump’s media venture public, agreed to merge one of his blank-check companies with hydrogen fuel developer eCombustible Energy. Orlando’s Benessere Capital Acquisition reached a deal that will see...

Rio Tinto CEO meets Mongolian PM for ‘reset’

Rio Tinto CEO Jakob Stausholm Rio Tinto boss Jakob Stausholm has made his first trip to Mongolia while in the top job to meet Prime Minister Luvsannamsrain Oyun-Erdene as Rio looks to revive a relationship that has soured over the development of a big copper mine. Rio...

Iron ore teeters on $US100/t as Chinese steel chokes

Iron ore stackers and reclaimers in Port Hedland. Chinese steel mills have been ordered to curb production once again to reduce air pollution, in the same week iron ore prices crept back towards $US100 ($139) per tonne. The Chinese Government has sought to restrict...

Anson fast-tracks Utah lithium project

Junior Anson Resources said that it was accelerating engineering work for the Paradox lithium project, in Utah, to take advantage of the continued rapid development of the lithium product market. The ASX-listed company has appointed contractor Worley to conduct a...

Mining industry stands strong despite challenging year

Australia’s International Business Survey (AIBS) 2021 has revealed many businesses in the mining industry were financially better off this year than 12 months ago due to maintaining a wide range of export destinations and being better able to manage risks.   Those...