Wednesday, 22 January 2025

Focus on Minerals

FILE PHOTO: A Rio Tinto logo is seen on a helmet in an office at Oyu Tolgoi copper mine in the Gobi Desert, Mongolia March 13, 2023. REUTERS/B. Rentsendorj/File Photo
BusinessCourtsCritical MineralsMiningNews

US judge narrows investor lawsuit against Rio Tinto over Mongolian mine

A U.S. judge dismissed some claims in a lawsuit accusing Rio Tinto and ex-CEO Jacques of defrauding investors over Oyu Tolgoi mine delays.

FILE PHOTO: The logo of battery recycler Li-Cycle Holdings Corp is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)IndustryNewsRegulations

Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump’s arrival

The U.S. Energy Dept. approved a $475M loan to Li-Cycle for a NY battery plant, key to Biden’s domestic EV supply chain goals.

The Cameco corporate logo is seen in an undated handout image. THE CANADIAN PRESS/HO, *MANDATORY CREDIT*
BusinessMineralsMiningNewsNuclear Power

Cameco raises annual dividend, reports $7M third-quarter profit

The uranium miner's revenue for the quarter totalled $721 million, up from $575 million in the same quarter last year.

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AnalysisBusinessCritical MineralsElectricityEmissionsManufacturingMaritimeReportsSolarStorageTradeUtilitiesWind

Global clean technologies booming: Markets projected to reach $2 trillion by 2035

This report from the International Energy Agency (IEA) explores the economic potential of manufacturing clean energy technologies, focusing especially on the market for...

A hawk flies over part of Oak Flat that is visible from a viewing area at the Resolution Copper exploratory mine shaft 10 facility and rehabilitated Magma Mine shaft 9 in Superior, Arizona, U.S., March 30, 2021. REUTERS/Caitlin O'Hara/ File Photo
BusinessCritical MineralsMiningNewsPoliticsRegulations

Rio Tinto exec asks Trump Administration to speed up permitting

Rio Tinto urges the Trump administration to expedite mine permits to secure copper for the energy transition, despite local opposition.

FILE PHOTO: Lithium evaporation ponds are seen at Albemarle Lithium production facility in Silver Peak, Nevada, U.S. October 6, 2022. REUTERS/Carlos Barria/File Photo
BusinessCritical MineralsEconomyNews

Albemarle loses more than $1 billion in Q3 on falling lithium prices

The company reported a net loss of $1.11 billion, compared to a net profit of $302.5 million, in the year-ago quarter.

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsNews

Korea Zinc’s share sale plan suspended due to regulator’s revision request, filing says

Korea Zinc’s $1.8B share sale plan faces delays as South Korea’s financial regulator orders revisions, sparking market concerns.

News ReleaseCarbon ManagementCritical MineralsEmissionsGeothermalHydrogenNatural GasNewsOil

Enserva’s 2024-2025 Fall State of the Industry Report forecasts oil and gas prices and demand to remain steady

Insights on the Canadian economy and the North American and global energy sectors discussed during expert panel, hosted by Enserva CALGARY, Alberta, Nov....

Major Drilling Group International Inc. logo is shown in a handout. The company has signed a deal to buy South American specialty drilling contractor Explomin Perforaciones in a deal worth up to US$85 million. THE CANADIAN PRESS/HO
BusinessMiningNatural GasNewsOil

Major Drilling buys South American drilling contractor, boosting rig count

The deal will see Major Drilling will acquire a fleet of 92 well-maintained drills, bringing the total rig count to 701.

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 MineralsEconomyIndigenousMiningNewsPoliticsRegulations

Delay in Chile mining permits a serious problem, says local head of Freeport

Chile’s delay on mining permit reforms is a “serious” issue, says Freeport-McMoRan exec, impacting key copper projects.

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