Rio Tinto halts Jadar project in Serbia: report
Rio Tinto (NYSE, LSE, ASX: RIO) plans to pause its development of the long-delayed Jadar lithium project in Serbia to cut costs and shift focus elsewhere, Bloomberg reported on Thursday….
Australia, NZ & South Pacific
MinRes soars on $765M lithium JV with Posco Holdings
MinRes (ASX: MIN) shares shot to a new yearly high after it announced a partnership with Posco Holdings that will give the South Korean industrial giant a 30% interest in…
China minerals curb could cost US GDP $1B: Macquarie
China’s export controls on certain critical minerals could cut gross domestic product in the United States by more than $1 billion a year, even if U.S. reliance on Chinese imports…
A third of mines don’t meet tailings rules: ICMM
A new report finds 33% of mines around the world operated by two dozen leading companies don’t fully meet industry standards for tailings management. Yet two-thirds of 836 facilities are…
Pilbara CEO warns Aus losing lithium edge to Brazil
Australia’s Pilbara Minerals (ASX: PLS) has found operating in Brazil to be easier than at home, just months after completing a A$560 million ($363 million) acquisition to establish a foothold…
US weighs $190M for Locksley’s antimony
Australia’s Locksley Resources (ASX: LKY) has received a letter of interest (LOI) from the U.S. Export-Import Bank (EXIM) for a potential financing of $191 million in support of its antimony…
Fortescue’s Forrest doesn’t get critical minerals hype
Fortescue (ASX: FMG) founder and executive chairman Andrew Forrest said on Friday he’s advancing critical minerals projects despite not understanding the “fuss” surrounding the strategic metals. Speaking at Fortescue’s annual…
China to suspend new REE export controls for 1 year
China agreed to suspend a planned expansion of export controls on rare earth elements (REE) for a year after U.S. President Donald Trump struck a broad trade deal with his…
Mine explosion in Australia kills two
Two workers were killed and another injured in an explosion on Tuesday at a mine in Australia being readied for reopening, the local industry’s first fatal blast in a decade….
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
Banks, investors pumped $52B into met coal between 2022 and 2024: report
German environmental and human rights group Urgewald has found how major financial institutions continue to bankroll the metallurgical coal industry, funnelling nearly $52 billion into mine expansions between 2022 and…
Canaccord highlights three Aus gold explorers
Canaccord Genuity has initiated coverage on three Western Australian gold explorers — Benz Mining (TSXV: BZ; ASX: BNZ), Golden Horse Minerals (ASX: GHM) and Torque Metals (ASX: TOR) — highlighting…