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Serbia Scraps Planned Rio Tinto Jadar Lithium Mine After Protests
January 21, 2022
Trying to defuse large protests by environmentalists, Serbia’s populist government said Thursday that it was canceling all licenses for mining giant Rio Tinto to open a lithium mine in the Balkan country. “We have fulfilled all the requests of the
Still No Deal in Czech, Poland Lignite Mine Dispute
January 20, 2022
The environment ministers of Poland and the Czech Republic said Tuesday they have made progress but still need to consult on some points in solving a stalemate over a Polish lignite mine the Czech government says is harmful to its
BHP Group Orders Wabtec’s FLXdrive Battery Locomotives
January 19, 2022
Wabtec Corporation has received an order from BHP Western Australia Iron Ore (WAIO) for two FLXdrive battery locomotives. The deal builds momentum in the market for the world’s first 100-percent, battery-powered locomotive and supports the Australia-based natural resource company’s plan
Glencore Completes Acquisition of Cerrejón Coal Mine, Colombia
January 13, 2022
Diversified natural resource company Glencore has completed the acquisition of 66.6 percent interest from joint venture partners Anglo American and BHP in Cerrejón coal mine in Colombia. Anglo American and BHP each held a 33.3 percent stake in the thermal
The Metals Company Completes Latest Deep-Sea Research Sampling Campaign
January 12, 2022
The Metals Company has completed its latest offshore research campaign, Environmental Expedition 5E, a targeted sampling campaign of both benthic and pelagic fauna with wider investigations to characterize ecosystem function on the abyssal seafloor. The completion of the six-week expedition
BHP Invests $50 Million in Development-ready Kabanga Nickel Mine, Tanzania
January 11, 2022
Australia-based BHP has announced an investment of $50 million in a development-ready nickel sulphide deposit in western Tanzania. The company will invest $40 million to speed up the development of the Kabanga Nickel project to produce battery-grade nickel, cobalt and
Rio Tinto Orders Wabtec FLXdrive Battery Locomotives to Reduce Emissions
January 11, 2022
Wabtec Corporation and Rio Tinto announced today an order for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company’s rail network in the Pilbara region of Western Australia. The 100 percent, battery-powered locomotive will help Rio Tinto’s
China Merges Three State-owned Rare Earth Companies
January 4, 2022
The Chinese government has merged three of its state-owned rare earth producers to form a new entity named China Rare Earth Group. The new company has been created by combining rare-earth units of state-owned companies, including China Minmetals, Aluminum Corp
Vulcan Minerals to Acquire Vale’s Coal Assets in Mozambique for $270 Million
January 4, 2022
Vulcan Minerals, a subsidiary of India-based Jindal Group, has agreed to acquire Moatize coal mine in Mozambique and the Nacala logistics corridor from Vale in a deal valued up to $270 million. Under the deal, Vale will receive $80 million
Rio Tinto to Acquire Rincon Mining Lithium Project in Argentina for $825 Million
January 4, 2022
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The acquisition demonstrates Rio
