by Gordon Barratt | Nov 28, 2024 | News
Fortescue has inked a deal with Chinese heavy machinery manufacturer XCMG to acquire more than 100 pieces of zero-emissions heavy mobile equipment for its Pilbara iron ore operations. The contract, valued at over $US400 million ($615 million), is XCMG’s largest mining...
by Gordon Barratt | Nov 28, 2024 | News
Hastings Technology Metals has entered into a memorandum of understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to create an integrated rare earths downstream processing supply chain. The MoU outlines how Hastings will develop a fully integrated...
by Gordon Barratt | Nov 28, 2024 | News
Coal will remain a crucial source of electricity generation for the next 8-10 years in India as the country will add 40-50 GW of coal-based capacity over the next five to six years to meet its growing power demand, The agency expects power demand here to rise by 5-6%...
by Gordon Barratt | Nov 27, 2024 | News
US oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday. “We’re not going to see anybody in...
by Gordon Barratt | Nov 27, 2024 | News
Ecuador’s mineral exports could fall by some 20% year-on-year, mining vice-minister Rebeca Illescas told an industry conference on Tuesday, as power cuts and delays in giving export licenses hit output. Ecuador’s...
by Gordon Barratt | Nov 27, 2024 | News
Bolivia’s government and Chinese consortium CBC, which includes battery manufacturer CATL, have signed an agreement for CBC to build two direct lithium extraction plants for at least $1-billion, government authorities said on Tuesday. The government will take a...
