by Gordon Barratt | Dec 5, 2024 | News
American West Metals, an Australian mining company focused on clean energy and base metals, is advancing plans to unlock the value of its West Desert project in Utah, which hosts the largest known indium resource in the US. Indium’s importance is growing, particularly...
by Gordon Barratt | Dec 5, 2024 | News
Shares of coal miner PT Adaro Andalan Indonesia jumped in their first day of trading, in a show of demand for Indonesia’s largest initial public offering in about a year and a half. The Jakarta-based company’s stock gained as much as 20% to 6 650 rupiah, versus its...
by Gordon Barratt | Dec 5, 2024 | News
Anglo American has finalised its acquisition of Vale SA’s contiguous Serra da Serpentina iron ore resource, which will be integrated into Anglo’s Minas-Rio operation in Brazil. When the transaction was announced in February, Anglo said it would continue to...
by Gordon Barratt | Dec 5, 2024 | News
BHP and HBIS Group have signed a new memorandum of understanding (MoU) to advance decarbonisation in the steel value chain, marking a major milestone in their partnership. Building on collaborations that began in 2021, the renewed agreement will extend efforts to...
by Gordon Barratt | Dec 5, 2024 | News
Rio Tinto outlined its ambitious strategy for growth and decarbonisation at its 2024 investor seminar in London, emphasising its commitment to energy transition materials. “We have all the building blocks we need to become a global leader in energy transition...
by Gordon Barratt | Dec 4, 2024 | News
Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms of the deal, SMM would pay $195-million upfront and $204-million in...
