Danantara Indonesia, sovereign wealth fund, and GEM, battery materials producer, with Vale Indonesia, nickel miner, have agreed that Danantara will invest in a $1.4 billion high-pressure acid leach (HPAL) facility in Central Sulawesi that will produce about 66,000 tons a year of mixed hydroxide precipitate (MHP) using ore from Vale’s mines. The move advances Indonesia’s...
READ MORERio Tinto, diversified miner, and Aluminium head Jérôme Pécresse will combine the group’s lithium business with aluminium to form a new Aluminium & Lithium product group, as part of a restructuring that leaves three core lines: Aluminium & Lithium, Copper and Iron Ore. The shake-up, unveiled days after Simon Trott became CEO, also moves borates...
READ MOREHudbay Minerals, copper-focused miner, and Manitoba authorities have cleared a staged restart of operations at Snow Lake after the Manitoba Wildfire Service and the Town of Snow Lake lifted a mandatory evacuation order on August 22. Hudbay said inspections found no structural damage to surface infrastructure; milling at New Britannia resumed on August 26 and...
READ MOREPan American Silver, precious-metals miner, and MAG Silver, project partner in Mexico’s Juanicipio mine, have received approval from Mexico’s competition regulator for Pan American’s $2.1-billion acquisition of MAG, clearing the deal to close on or about September 4, 2025. MAG investors can elect $20.54 in cash per share or $0.0001 plus 0.755 of a Pan...
READ MOREDepartment of the Interior, federal resource agency, and the U.S. Geological Survey, science bureau, have proposed a 2025 list of 54 critical minerals that newly elevates copper and silver to “critical” status, shaping federal investment, permitting and stockpiling strategy for the next three years. The draft, to be posted in the Federal Register on August...
READ MORESernageomin, Chile’s mining regulator, and Codelco, state copper producer, have set stricter conditions for bringing shuttered zones of the El Teniente mine back online after a July 31 collapse that killed six workers. The regulator now requires a mine-wide follow-up and monitoring plan to assure stability and safety across underground deposits that remain closed. Codelco—having...
READ MOREAsian Development Bank, multilateral lender, and Reko Diq Mining Company, copper-gold project JV owned by Barrick Gold (50%), Balochistan (25%) and three Pakistani state firms (25%), have agreed on a $410 million financing package for the $6.6 billion Reko Diq development, with first-phase production targeted for 2028. The package complements a $700 million facility from...
READ MORECross Holding, investment vehicle of Vladislav Sviblov, and Amurmed, explorer of the Ikan copper-porphyry deposit in Russia’s Amur region, have confirmed a change of ownership that could give the buyer a preferential route to a mining licence over a deposit holding 635,500 tonnes of copper and 79.5 tonnes of gold. The August 25 transfer was...
READ MOREVSMPO-Avisma, titanium producer, expects 2025 production to be “the 2021 level,” CEO Dmitry Trifonov told reporters, while majority owner Mikhail Shelkov described current volumes as a “low plateau.” The company did not disclose the 2021 figure. Separately, VSMPO marked the smelting of its millionth titanium ingot at its Sverdlovsk Region complex—a 5,200-kg, 870-mm-diameter piece produced...
READ MOREChile’s Copper Commission (Cochilco), the state market monitor, has trimmed its 2025 copper production growth forecast to 1.5% year on year from 3%, citing supply disruptions and mine operating issues. The revision follows a June slump in output at Escondida, the BHP-operated mine that is the world’s largest copper producer, and at Collahuasi, the joint...
READ MORESQM, Chilean lithium and specialty chemicals producer, reported a second-quarter net profit of $88.4 million, down 59% year on year, as realized lithium prices fell and legacy contract floors curtailed volumes. Revenue came in at $1.04 billion, broadly in line with the $1.064 billion analyst consensus, but earnings missed the $143.01 million expected by LSEG-compiled...
READ MOREContemporary Amperex Technology (CATL), electric-vehicle battery maker, and Guangzhou Futures Exchange, commodities bourse, have become the twin catalysts of August’s lithium rally after CATL suspended operations at its Jianxiawo mine, lifting the CME lithium carbonate contract by 27% since the start of the month and turbocharging producer shares. Futures fever outruns fundamentals The immediate market...
READ MORERio Tinto, diversified miner, and BHP, diversified miner, have had a planned federal land transfer for their Resolution Copper project in Arizona paused by a U.S. appeals court, prompting public criticism from President Donald Trump. The San Francisco-based Ninth Circuit issued a temporary stay of the transfer while it considers arguments from the San Carlos...
READ MOREMetallium, an e-waste metals recovery developer, and Flash Metals USA, its U.S. subsidiary, have advanced development of a Technology Campus in Chambers County, Texas that will host their first commercial Flash Joule Heating (FJH) plant, targeting commissioning in December 2025. The company reported proven performance on U.S.-sourced e-waste feedstocks—gold at 100% recovery from material grading...
READ MORELifezone, a New York-listed battery metals developer, says stepped-up defence spending will lift nickel demand just as it moves its Kabanga project in Tanzania toward a final investment decision (FID). Founder and chair Keith Liddell told Mining Weekly he expects “a big demand side inflection… from the global defence industry,” citing the use of nickel-containing...
READ MORENvidia, AI-chip maker, and Taiwan Semiconductor Manufacturing, contract foundry, have doubled down on copper interconnects even as the industry touts silicon photonics, with chief executive Jensen Huang saying optical I/O remains “several years away” from broad deployment and that systems should “stay with copper for as long as we can.” The stance comes as Nvidia...
READ MOREHyundai Motor Group, automaker and EV battery developer, and Seoul National University, research partner, have advanced a solid-state battery architecture that enables copper to be used as the anode current collector in sulfide-electrolyte cells—long considered impractical due to corrosion—according to a newly published US patent application. The design layers a protective coating and carbon-based buffer...
READ MORESibanye-Stillwater, gold and PGM producer, and South Africa’s Kloof–Driefontein and Beatrix complex operator, reported a 13% year-on-year drop in South African gold production to 300,191 oz (9.3 t) for January–June 2025 as first-quarter disruptions at Kloof and Driefontein lingered into Q2, while group PGM volumes softened with US operations curtailed under low-price conditions. The company...
READ MOREAntofagasta, Chile-focused copper producer, and the Luksic family–controlled miner, reported a near-60% jump in first-half EBITDA to $2.23 billion and a 12-point improvement in margin to 58.8%, driven by an 11% rise in copper production, lower cash costs and stronger realized prices; pretax profit rose to $1.16 billion and the interim dividend was set at...
READ MORERusal, primary aluminium producer, and En+, controlling shareholder, reported a 1.7% year-on-year drop in aluminium production to 1.924 million tonnes in January–June 2025 even as sales volumes rose 21.6% to 2.3 million tonnes, with alumina output up 13.5% to 3.4 million tonnes and bauxite up 21.8% to 9.668 million tonnes. The Russian group deepened its...
READ MOREAlbemarle, lithium producer, and Chile’s labor inspectorate, workplace regulator, have begun a formal review of an incident at the La Negra chemical complex near Antofagasta after a complaint that an acid-carrying pipe burst; the company’s facility is operating normally while the inquiry proceeds, according to people familiar with the site. What happened and what’s known...
READ MOREBarrick, gold–copper producer, and Pakistan’s federal and Balochistan governments, Reko Diq co-owners, have opened talks with U.S. and multilateral lenders on a financing package of as much as $3.5 billion to build the $9 billion copper-gold mine after long-discussed Saudi backing failed to materialise. The plan targets a 2028 start-up and includes prospective support from...
READ MOREAllonnia, biotechnology developer, and Eagle Mine, US nickel producer owned by Lundin Mining, will deploy a D-Solve mobile unit at Eagle’s Michigan site in 4Q 2025 to remove magnesium and other deleterious elements from nickel concentrate, aiming to raise payable metal and cut smelter penalties in a live production environment. The on-site pilot is designed...
READ MORERusal, aluminium producer, and Guinea’s labour unions have clashed at the Friguia alumina complex as workers launched a strike and blocked the refinery’s rail link to the port of Conakry, halting alumina movements while demanding implementation of a new sectoral agreement. The action follows a complaint over working conditions and comes amid Guinea’s more muscular...
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