China’s Chalco said on Friday it boosted annual aluminium output by 16% in 2018, putting it ahead of Russia’s Rusal as the world’s second-biggest publicly traded producer of the metal.
The increase underscores China’s growing dominance of the global …
Chalco leapfrogs Rusal as second-biggest listed aluminium producer Read More »
Rio Tinto said on Friday it issued force majeure notices to some iron ore customers due to damage from tropical cyclone Veronica, which hit Western Australia earlier this week.
A force majeure is invoked when a company tells a counterparty that it can…
Rio Tinto declares force majeure on some iron ore contracts after cyclone Read More »
Australia’s Wesfarmers Ltd remains keen on buyout talks with rare earths miner Lynas Corp Ltd, the retail-to-chemicals conglomerate said on Friday, despite its A$1.4-billion ($992-million) approach being rejected earlier this week.
The comments fores…
Australia’s Wesfarmers hints takeover battle for Lynas not over Read More »
Russian nickel and palladium producer Norilsk Nickel (Nornickel) said it will invest up to 90-billion roubles ($1.4-billion) over four years in two major projects in Russia.
The projects – expansion and reconstruction of the Talnakh ore concentrator a…
Nornickel to spend $1.4bn on two expansion projects Read More »
State-owned Chilean copper miner Codelco, the world’s largest copper producer, expects output at its El Teniente mine to rise to more than 500 000 t/y by 2025, according to a report from the company.
The increase would position the mine, which produce…
Codelco to boost production at El Teniente copper mine Read More »
Brazilian miner Vale on Thursday estimated selling up to 75-million tonnes less iron-ore this year, after several mines were halted following its second deadly dam burst in less than four years.
The estimate, which is 20% below its prior forecast, is…
Vale slashes iron ore sales estimate after dam burst Read More »
Brazilian miner Vale on Thursday estimated selling up to 75-million tonnes less iron-ore this year, after several mines were halted following its second deadly dam burst in less than four years.
The estimate, which is 20% below its prior forecast, is…
Vale slashes iron-ore sales estimate after dam burst Read More »
Brazilian mining firm Vale activated alarms in areas below three tailings dams on Wednesday night due to an elevated risk of rupture, amid a tense atmosphere in Minas Gerais state where a dam burst in January killed about 300 people.
The company activ…
Vale activates alarms near tailings dams amid risk of rupture Read More »
Ferro-Alloy Resources Group, which is producing vanadium in Kazakhstan, lists on the London stock market on Thursday, marking the first junior flotation in the sector this year.
Vanadium has traditionally been used for strengthening steel, but its pri…
Kazakh vanadium miner is first 2019 London listing in sector Read More »
Brazilian iron-ore miner Vale on Wednesday announced a series of writedowns and provisions related to the Brumadinho tailings dam collapse that killed some 300 people two months ago, saying there would be an affect on future results.
The writedowns i…
Vale announces writedowns, profit after dam disaster Read More »
