Sunday, 19 January 2025

Focus on Critical Minerals

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMineralsMiningNews

Brazil’s Vale taps Marcelo Bacci as new CFO

Vale, the largest producer of iron or and nickel in the world, has appointed its new Chief Financial Officer.

The dam collapse triggered a giant mudslide that swamped villages, rivers and rainforest, killing 19 people (AFP)
BusinessCourtsCritical MineralsEnvironmentIndigenousMiningNews

BHP, Vale agree to pay $30bn compensation for Brazil dam disaster

BHP, Vale sign $30 billion deal with Brazil for 2015 dam collapse compensation, covering environmental damage and victim support.

Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration
BusinessCritical MineralsIndustryInfrastructureMiningNewsPoliticsRegulationsTrade

Sanctions delay to Russian zinc mine causes supply miscalculation, sources say

Sanctions hinder Russia's Ozernoye from ramping up zinc output, risking 2025 supply forecasts amid soaring zinc prices.

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsEconomyFinanceMiningNews

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale's profit fell 15 per cent to $2.41 billion, beating estimates, as lower iron ore prices and Mariana dam provisions weighed on results.

FILE - Tiehm's buckwheat grows in a greenhouse in Gardnerville, Nevada, Tuesday, May 21, 2024. The endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects. (AP Photo/Scott Sonner, File)
BiodiversityCritical MineralsEnvironmentMiningNewsPoliticsRegulations

Nevada lithium mine wins final approval despite potential harm to endangered wildflower

Biden admin approves Nevada lithium mine, key to clean energy push, despite environmentalists' lawsuits over endangered wildflower.

FILE PHOTO: A general view of molten copper at Anglo American's smelter in Chagres, Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS/File Photo
AnalysisBusinessCritical MineralsEconomyMining

Can Anglo’s copper pivot help thwart renewed takeover bid?

Anglo American’s shift to copper could decide its fate: independence or a renewed BHP bid when the six-month block ends.

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo
BusinessCritical MineralsEconomyFinanceMiningNewsRegulations

US Treasury allows miners to access clean energy manufacturing subsidy

The U.S. Treasury will now allow some mining firms to access a tax credit for clean energy components, after industry pushback.

FILE PHOTO: A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/ File Photo
BusinessCritical MineralsEconomyMiningNews

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Anglo American reported a Q3 drop in copper and diamond production but maintained 2024 guidance amid restructuring efforts.

Mining samples are displayed at a Teck Resources booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020.  REUTERS/Chris Helgren/ File Photo
BusinessCritical MineralsMiningNews

Teck Resources reports Q3 profit beat, cuts FY copper production forecast

Teck Resources' Q3 profit beats estimates on record Chile copper output, despite lowering full-year production outlook.

AnalysisClimate FinanceCritical MineralsEconomyElectricityEmissionsOpinionReportsSolarStorageWind

Clean energy adoption in Global South overtakes North on path to growth

The Global South is adopting renewable energy technologies at a faster rate than the Global North: Rocky Mountain Institute (RMI)

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