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Rio approves $108m study

Diversified major Rio Tinto has approved a $108-million investment in underground development at its Kennecott copper operations, in the US, to enable early orebody access and undertake orebody characterisation studies for underground mining. The investment builds on...

Korea looks to Australia for battery materials

Australian critical minerals miners have caught the attention of Korean battery manufacturers as the east Asian powerhouse looks to diversify its supply chain. Korea’s three largest battery manufacturers – LG Energy Solution, Samsung SDI and SK Innovation – increased...

Rio2 arranges up to $135m to build Chile mine

Drilling activities at Fenix South, in Chile. TSX-V-listed Rio2 has arranged mine construction financing totalling between $125-million and $135-million to finance the construction of a mine at its Fenix gold project, in Chile. The financing package comprises a...