September 20, 2023 Norway’s Aker BP may explore for seabed minerals, CEO says Norway could become the first country to start commercial deep sea mining if parliament gives the go-ahead to explore the remote Mid-Atlantic ridge.
September 20, 2023 Alrosa suspends diamond supply for Sept-Oct – India’s trade body The move aims to avert a supply glut in the global market and aid diamond prices amid weak demand.
September 19, 2023 Indonesia will not approve any new mining quotas for 2023 A new mining quota application system will be available to nickel miners from October and applications can be filed from November.
September 19, 2023 Iron ore price extends decline as concerns over Chinese property market persist Higher domestic supply also weighed on the key steelmaking ingredient.
September 19, 2023 The mission to create Europe’s battery hub, whatever the cost In just a few years, Hungary is projected to become the fourth-largest producer of batteries globally.
September 19, 2023 Rio Tinto CEO says Chinese steel demand is close to peaking China’s appetite for iron ore has picked up in recent months.
September 18, 2023 China’s copper industry is struggling when it should be booming Buyers lack conviction and the view from the factory floor remains cautious as margins are suppressed and profits wither.
September 18, 2023 Indian, Canadian officials discuss critical mineral mining cooperation Talks were held amid tense diplomatic relations between the two countries.
September 18, 2023 Poland proposes ban on Russian diamonds, LPG in new sanctions package The Polish proposal will now be considered by the European Commission.
September 18, 2023 Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources The company has so far spent more than $500 million on developing the project.
GRAPH: Cobalt price plunge and the EV market Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […] February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades. February 05, 2025 | 11:00 am
GRAPH: The mining and Nvidia solar system The Top 50 is now trading $480 billion below the peak hit in the second quarter of 2022 February 05, 2025 | 10:05 am
Silvercorp acquisition of Adventus hits roadblock Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention. July 10, 2024 | 12:13 pm