Danish energy group Orsted said on Wednesday it has agreed to divest its liquefied natural gas business to trading house Glencore .
The LNG business is loss-making and the divestment – which fits into Orsted’s strategy to focus on expanding in renewab…
Orsted divests LNG business to Glencore Read More »
International Business Machines on Wednesday said it has come up with a new battery technology that uses materials extracted from seawater and requires no cobalt, as the race to find alternative sources to the expensive mineral intensifies.
IBM said i…
IBM’s new battery design taps seawater as alternative mineral source Read More »
Global miner BHP Group is feeling its way back into commodities trading, making a dedicated hire to help it manage a base metals book in Singapore as it seeks to boost returns and manage transaction risk, two people with knowledge of the matter said.
…
BHP plans ‘baby steps’ return to commodities trading to cut transaction risk – sources Read More »
The management of Bosnia’s sole aluminium smelter, Aluminij Mostar, has resigned after an only investor interested to help it restart production had submitted an inadequate offer, the company said on Tuesday.
The smelter was shut down in July over deb…
Management at Bosnia’s sole aluminium smelter resigns Read More »
Total said on Monday it had acquired interests in two new offshore licences in Angola with a view to developing a new production hub alongside the French oil major’s partners.
Wells drilled so far in the two blocks have produced four discoveries, Tota…
France’s Total buys stakes in two Angola offshore oil blocks Read More »
Australian rare earths miner Lynas Corp Ltd said on Tuesday it was unsuccessful in securing approval from a Malaysian regulator to increase its lanthanide concentrate processing limit for 2019.
Shares of Lynas fell as much as 5.8% after the announceme…
Lynas fails to get Malaysian approval for higher processing limit, shares slide Read More »
Developers of a Texas rare earths mine said on Monday they will build a pilot plant to refine the strategic minerals, the latest domestic processing project announced at a time when more Americans are voicing concern about China’s control over the sect…
Texas rare earths mine developers to build US refinery Read More »
Madagascar’s mining chamber on Monday sharply criticised a draft mining law that proposes greater government revenue from mining activities, saying the changes will halt new investment and endanger existing mining operations in the country.
The bill, …
Madagascar mining chamber criticises plan to raise minerals taxes Read More »
State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale and have asked the firm to hire an independent auditor to look in to the matter, a television station reported on Friday night.
The report on Br…
Vale dam near site of January disaster has ‘cracks’ – TV station Read More »
Zambia’s Kansanshi Holdings has begun arbitration proceedings against ZCCM Investments Holdings and Kansanshi Mining following a complaint from Zambian State mining company ZCCM-IH, which jointly owns Kansanshi, relating to a money transfer, a statemen…
Zambian holding company launches action involving First Quantum Read More »
