Focus on Minerals
Anglo American to split group after rejecting BHP bid
After rejected improved offer from BHP, mining giant Anglo American to split and sell off parts of business to focus on critical minerals.
Weaker supply will drive platinum deficit higher than expected in 2024
The global platinum deficit in 2024 will be deeper than previously expected due to lower supply from mines in South Africa and Russia
B.C. halts new jade mining in northwest, five-year transition for existing operations
British Columbia has prohibited mining activities on new jade tenures in the northwest, while setting a five-year wind-down period for existing operators
Rio Tinto had considered a bid for Anglo American, AFR says
Mining giant Rio Tinto "had not ruled out" bid for British company before BHP began takeover bid.
South Korea welcomes US decision to extend use of Chinese graphite in EVs
South Korea welcomed a US decision to extend automakers' eligibility for EV tax credits for cars containing Chinese graphite through 2026
Brazil rejects mining companies’ settlement offer for Mariana disaster
Vale and BHP's offer of $25bn as settlement payment for Mariana dam disaster rejected by Brazil for "inadmissible conditions".
Automakers win extension on use of Chinese graphite in EV tax credits
The U.S. Treasury Department said automakers have until 2027 to remove hard-to-trace minerals like graphite contained in anode materials.
Goldman Sachs settles class action lawsuit tied to metal trades
The lawsuit alleged Goldman Sachs had violated antitrust laws by conspiring to manipulate a benchmark for platinum and palladium prices.
MP Materials report wider-than-expected Q1 loss
Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the...
