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NEWS Click on text to read news by category: General | Product | People | Worldwide

The Metals Co: Greenpeace Illegally Distrupts Deep-sea Mining Research Vessel

November 28, 2023

The Metals Company has released the following statement regarding Greenpeace’s illegal attempt to stop a legally-mandated scientific research expedition: The exploration contract granted to The Metals Company’s (TMC) subsidiary Nauru Ocean Resources Inc. (NORI) by the International Seabed Authority (ISA)

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Trafigura and Korea Zinc to Invest $140 Million to Build Nickel Refinery, South Korea

November 28, 2023

Trafigura and Korea Zinc have entered into a $140 million (KRW184.9 billion) investment agreement to support the development of an all-in-one nickel refinery in South Korea. The refinery will be established in Ulsan by Korea Zinc’s nickel sulphate subsidiary, Korea

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Elevator Drops 650 Feet at Implats Impala Rustenburg Mine, 75 Injuries, 11 Fatalities, South Africa

November 28, 2023

An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75, the mine operator said Tuesday. It happened Monday evening at the end of

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MinRes Acquires Bald Hill Lithium Mine in Australia

November 27, 2023

Australia-based diversified resources company Mineral Resources (MinRes) has acquired the Bald Hill lithium mine in Western Australia. Located 50km southeast of Kambalda in the Goldfields region, the Western Australian lithium mine has an annual production capacity of approximately 150,000 tonnes

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Wishing You Peace and Harmony This Thanksgiving Season!

November 23, 2023

We are grateful this holiday for our awesome readers and advertisers who have played an integral part in our journey. Since our launch in 2009, we have been inspired by the enthusiasm from this community. We continue to fight through

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Fortescue Launches Green Energy Accelerator Platform, Fortescue Capital

November 22, 2023

Fortescue has formed Fortescue Capital, headquartered in New York City, and named Robert Tichio as chief executive officer and managing partner. Fortescue Capital is a new green energy investment accelerator platform, and an integral next step in Fortescue’s commitment to

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World Coal Association Rebrands as FutureCoal Global Alliance

November 21, 2023

After 38 years the World Coal Association (WCA) will cease and usher in a new era under the transformative branding: FutureCoal - The Global Alliance for Sustainable Coal. Unveiling the new brand logo and identity at a dedicated press conference

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Fortescue Approves $750 Million Investment for Three Green Projects

November 21, 2023

Australia’s Fortescue approved on Tuesday an estimated total investment of about $750 million over the next three years for two green energy projects and one green steel project as the iron ore miner seeks to become a top-tier clean energy

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Anglo American Launches Valutrax™ Digital Traceability to Increase Value Chain Transparency

November 15, 2023

Anglo American has launched Valutrax™, a proprietary digital traceability solution designed to provide customers with greater assurance about the provenance of the products they purchase. Valutrax™ offers a single point of access to core information about such products, helping to

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Glencore Enters Binding Agreement to Acquire 77% Interest in Teck’s Coal Unit for $6.93 Billion

November 14, 2023

Glencore has entered into a binding agreement with Teck Resources for the acquisition of 77 percent interest of Teck’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. Concurrently, Teck has agreed with Nippon Steel Corporation (NSC)

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