Wednesday, 22 January 2025

Focus on Minerals

FILE PHOTO: A drone view of smoke from burning vegetation rising in a rainforest at the municipality of Bonfim, state of Roraima, Brazil February 28, 2024. REUTERS/Bruno Kelly/File Photo
AgricultureBiodiversityBusinessClimateCritical MineralsEnvironmentGreen SteelHydrogenIndigenousIndustryNews

Brazil launches platform to attract foreign investment for climate and ecological projects

Brazil launched a $10.8B platform at IMF meetings to fund green projects, targeting energy, industry, and nature solutions.

Sebastian Tirintica sits backdropped by solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)
AnalysisClimate FinanceCoalEconomyElectricityLabourMiningPoliticsRegulationsSolarWind

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.

Cacique Bayara, leader of the Pataxo Geru-Tucuna village, located in the municipality of Acucena in Minas Gerais, Brazil, speaks to the media outside the Rolls Building of the High Court amid a lawsuit against the BHP Group over the 2015 collapse of the Mariana dam in Brazil, in London, Britain, October 21, 2024. REUTERS/Jaimi Joy
BusinessClimateCourtsCritical MineralsEmissionsEnvironmentIndigenousMiningNewsPoliticsRegulations

BHP says claim it put safety over profit ‘unjustified’ in Brazilian dam collapse case

BHP denies profit-before-safety claims in Brazil dam collapse lawsuit, calling allegations unrealistic and unjustified.

FILE PHOTO: A logo of Sibanye Stillwater is seen at a mine in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisBusinessCritical MineralsLegislationMiningPoliticsRegulations

Analysis: Sibanye’s Montana woes underscore miners’ growing reliance on Washington

U.S. mining's future hinges on government support amid foreign competition, as shown by Sibanye’s Montana layoffs.

FILE - A dump truck carrying coal navigates its way near a coal mining pit in Sanga-Sanga, East Kalimantan, Indonesia, Dec. 20, 2022. (AP Photo/Dita Alangkara, File)
BiodiversityEnvironmentMiningNews

Miners are razing forests to meet surging demand for metals and minerals, report says

Nearly 1.4 million hectares of trees were lost to mining from 2001 to 2020— an area the size of Montenegro, says an analysis.

FILE PHOTO: The logo of mining and infrastructure firm Grupo Mexico is pictured at its headquarters in Mexico City, Mexico, August 8, 2017. REUTERS/Ginnette Riquelme/File Photo
BusinessCritical MineralsMiningNews

Mining giant Grupo Mexico posts 18% net profit jump in Q3

Grupo Mexico reports a 17.55 per cent increase in its net profit during the third quarter, boosted by copper prices and production levels.

FILE PHOTO: Cacique Bayara, leader of the Pataxo Geru-Tucuna village, located in the municipality of Acucena in Minas Gerais, Brazil, speaks to the media outside the Rolls Building of the High Court amid a lawsuit against the BHP Group over the 2015 collapse of the Mariana dam in Brazil, in London, Britain, October 21, 2024. REUTERS/Jaimi Joy/File Photo
ClimateCourtsCritical MineralsEnvironmentIndigenousMiningNewsRegulations

Dam disaster deal should curb lawsuits against Vale and BHP, sources say

Vale, BHP, and Samarco agree to pay $29.85B for Brazil dam collapse, potentially ending lawsuits and aiding reparations.

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022. REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsEconomyMiningNewsTrade

Freeport-McMoRan beats Q3 profit estimates

Miner Freeport-McMoRan reports third-quarter profit beating estimates as higher copper prices help offset production drop.

FILE PHOTO: ASML headquarters is seen in Veldhoven, Netherlands August 30, 2018. REUTERS/Piroschka van de Wouw//File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

ASML expects growth in 2026, US-China row to continue, CEO says

ASML's CEO expects growth in 2026 despite U.S. export pressure on China, as 2025 faces slower sales outside of AI chips.

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityManufacturingSolarStorage

US set to award Hemlock Semiconductor $325 million for polysilicon production

The U.S. is awarding $325M to Hemlock Semiconductor to boost polysilicon production, securing the chips supply chain.

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