Friday, 24 January 2025

Focus on Minerals

TMC plans to apply for a licence to extract deep sea minerals before the end of this year, as nations gather to minimise environmental risks. (Stas Parechyn/Unsplash)
BiodiversityClimateCritical MineralsEnvironmentMineralsMiningNews

Canada’s TMC to apply for deep sea mining licence this year, chief exec says

TMC plans to apply for a licence to extract deep sea minerals before the end of this year, as nations gather to minimise...

FILE PHOTO: The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessCritical MineralsFinanceMineralsMiningNews

Canada’s Teck Resources beats second-quarter profit estimates

Canadia's Teck Resources beat Q2 profit estimates on Wednesday, helped by higher production of copper at its Quebrada Blanca mine in Chile

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The Nikkei business daily, which first reported the news, said Nippon had decided to shift its attention to the U.S. and India.

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
CourtsCritical MineralsMineralsMiningNewsPolitics

Rio Tinto class action over Bougainville mine damage set for October hearing

The mining group is being sued for environmental and social damage caused by the mine in Papua New Guinea it operated in the...

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNews

Australia’s Lynas Rare Earths fourth-quarter revenue falls 13.3%

Lynas Rare Earths' Q4 revenue fell 13.3% due to increased Chinese production, impacting prices, with sales at A$136.6 million and lower production of...

Polymetallic nodules which were collected from the ocean floor, sit in simulated seawater (Franz Geiger/Northwestern University)
BiodiversityClimateCritical MineralsEnvironmentMineralsNews

‘Dark oxygen’ produced by metals on deep-ocean floor, study finds

Metals on the deep-ocean floor produce “dark oxygen” 13,000 feet below the surface, a new study has suggested, prompting calls for mining rethink

Critical MineralsLegislationMineralsNewsPolitics

India to seek licences to scout Pacific Ocean for critical minerals

India will apply for licences to explore for deep-sea minerals as it competes to secure critical minerals for energy transition technologies

FILE PHOTO: A woman walks past Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16,2019. REUTERS/Philimon Bulawayo/File Photo
BusinessCritical MineralsFinanceLabourMineralsNews

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London

FILE PHOTO: Samples of rocks drilled at a cobalt mining site operated by Jervois Global are seen at a facility, west of Salmon, Idaho, U.S. May 16, 2024. REUTERS/Carlos Barria/File Photo
AnalysisCritical MineralsIn-DepthMineralsMiningPoliticsRegulationsTrade

Western miners push for higher metals prices to ward off Chinese rivals

There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals

Electrician A. Prakash checks the parameter of the output breaker of a 500-kilowatt battery energy storage system inside the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July 16, 2024. (AP Photo/Mahesh Kumar A.)
AnalysisBusinessCritical MineralsElectricityIn-DepthInfrastructureRegulationsSolarTradeTransmissionUtilitiesWind

India has ramped up its wind and solar energy. It now needs to expand places to store it

India's battery storage industry, vital for transitioning from dirty fuels, is growing rapidly despite high costs and supply chain issues, with ke investments...

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