Sunday, 19 January 2025

Focus on Critical 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.

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 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.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron/File Photo
BusinessCritical MineralsLegislationMiningNews

EU set to choose firm for critical minerals joint buying platform

The EU is choosing bidders for a €9M joint purchasing platform for critical minerals, aiming to secure better deals for the green transition.

German Chancellor Olaf Scholz attends the opening ceremony of the Mercedes Benz battery recycling factory in Kuppenheim, Germany, October 21, 2024. REUTERS/Kai Pfaffenbach
AutomotiveCritical MineralsElectric Vehicles (EVs)News

German carmakers should not be afraid of Chinese competition, says Scholz

German carmakers need not fear China, says Chancellor Scholz, citing past competition from South Korea and Japan.

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