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Newmont Receives Clearance from Australia’s Competition Regulator to Acquire Newcrest
August 23, 2023
Newmont Corporation said that following a review by the Australian Competition & Consumer Commission (ACCC), the agency has cleared the company to proceed with its proposed acquisition of Newcrest Mining Limited. The ACCC is expected to convey its clearance of
Tungsten West Applies for Final Permit at Hemerdon Tungsten-Tin Mine After Low Noise Trials, UK
August 23, 2023
Tungsten West said it has completed low frequency noise (LFN) trials at its Hemerdon Mine in Devon and submitted a formal application to the Environment Agency for a mineral processing permit. An application has also been made to vary the
Piedmont Lithium Plans Development Funding for Ewoyaa Project, Ghana
August 22, 2023
Piedmont Lithium said the company will increase its stake in Atlantic Lithium Limited’s Ewoyaa Lithium Project as part of a staged investment agreement to earn a 50 percent equity interest in Atlantic Lithium’s Ghanaian lithium portfolio. Under the terms of
JSW Steel Eyes Majority Stake in Teck Resources’ Steelmaking Coal Unit
August 18, 2023
Indian multinational steel producer JSW Steel is reportedly planning to establish a consortium to acquire a majority stake in Teck Resources’ steelmaking coal unit Elk Valley Resources. According to a Bloomberg report, the Indian firm is looking for partners to
Australian Pacific Coal Secures $50 Million Funding Commitment to Restart Dartbrook Mine
August 18, 2023
Australian Pacific Coal is set to restart operations at its Dartbrook thermal coal mine after the company secured a commitment for $50 million debt financing from a major commodity trading firm. Under the terms of the funding agreement, Australian Pacific
TechMet Closes $200 Million Equity Raise to Further Develop Critical Minerals Operations
August 17, 2023
TechMet, the leading global critical minerals investment company, has closed its latest $200 million equity fundraising round. The successful capital raise puts the company on track to exceed a billion-dollar valuation in the next few months. The latest $200 million
Mine Permitting Hampering Electric Vehicle Metals Fueled by U.S. Climate Law
August 17, 2023
The mining industry faces “considerable challenges” meeting larger-than-expected demand for copper, nickel and other electric vehicle metals fueled by a U.S. climate law, S&P Global said in a report on Tuesday, ahead of the legislation’s one-year anniversary. The landmark U.S.
Teck and Norden Team Up to Reduce Carbon Emissions with Emission Reduction Freight Contract
August 17, 2023
NORDEN and Teck Resources have entered into an agreement to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by NORDEN by 25 percent, or up to 6,700
Vale Enters $3.4 Billion Partnership to Accelerate Growth of Energy Transition Metals Business
August 10, 2023
Vale today signed a binding agreement with Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund. Manara Minerals will invest in Vale Base Metals Limited (VBM), the holding entity for Vale’s energy transition metals business, at
Graphex Technologies Enters Offtake Agreement with With Syrah Resources
August 9, 2023
Graphex Technologies, a wholly-owned subsidiary of Graphex Group Limited, has entered into an offtake agreement with a wholly-owned subsidiary of Syrah Resources Limited for natural flake graphite from Syrah’s Balama graphite operation in Mozambique. The agreement is another key strategic
