Hints and tips:
...India’s state-owned Khanij Bidesh India Ltd (Kabil), which was established in 2019 to secure critical minerals, signed an agreement with Catamarca Minera y Energetica Sociedad del Estado (Camyen), which...
...half as predicted, would be one of the largest takeovers of an Australian tech company and mean another delisting of a large ASX-listed business after the sale of Sydney Airport, Afterpay, Newcrest and Oz Minerals...
...The sale of the mine also comes amid heightening geopolitical tensions between China and the US, which is stepping up its efforts to secure strategic minerals such as copper, cobalt and graphite....
...It also dominates supply chains for lithium processing and mining of other critical minerals....
...The strategic significance of Australia’s critical minerals strategy has come into focus as lithium and nickel prices have also suffered a sharp decline....
...South Africa’s minerals resources minister Gwede Mantashe told the Financial Times that he opposed the bid because his country’s experience with BHP was “not positive”, though he said this was not an official...
...BHP’s approach to Anglo comes a year after the Melbourne-based mining company completed a A$9.6bn takeover of Australian rival Oz Minerals, which increased its exposure to copper....
...Rio Tinto, which still owns titanium dioxide miner Richards Bay Minerals in the eastern KwaZulu-Natal region, has also tried to reduce its exposure to risky jurisdictions such as South Africa....
...Under Mike Henry, the company veteran who was appointed chief executive four years ago, BHP has refocused its business on what it calls “future-facing” minerals, including copper and potash, while disposing...
...Chris Ellison, who controls A$12bn ($8bn) miner Mineral Resources and is a shareholder in Azure, said this month that SQM’s bid looked “dead in the water”....
...First Quantum Minerals took a majority stake in the project in 2013, and the mine now accounts for about half of its annual production....
...South Africa’s minerals resources minister Gwede Mantashe has voiced his opposition, saying that BHP “never did much” for the country. Another possible hurdle is antitrust scrutiny....
...The private sector now generates 10.4 gigawatts of electricity, close to half of Eskom’s functioning capacity, the Minerals Council estimates....
...of the Manara Minerals joint venture last year....
...The open pit mine, owned by Canada’s First Quantum Minerals, is one of the world’s largest sources of copper and has faced multiple legal challenges....
...Indonesia’s ministry for energy and mineral resources did not respond to a request for comment....
...Azure Minerals and SQM declined to comment. This story has been amended since publication. Hancock Prospecting has acquired 18 per cent of Azure Minerals, not 19 per cent....
...HOLD: Rio Tinto (RIO) Over-supply in copper and industrial minerals markets has weighed on prices, writes Mark Robinson. Talk about good timing....
...Global Witness said demand for minerals for renewable energy technology meant that parts of south-east Asia, such as northern Myanmar and neighbouring China, were now the sites of illegal mining, fuelling...
...She says it was “a big surprise” to be promoted to chief executive of Suntory Beverage & Food, which controls brands such as Orangina and Lucozade in Europe and a range of mineral water, coffee, tea and...
...China last year overtook Japan as the world’s largest exporter of cars, and BYD is among a clutch of Chinese EV and battery makers trying to build factories and secure access to mineral deposits closer to...
...In the past 12 months, the group has invested more than $180mn into critical minerals companies....
...Agincourt and the Indonesian ministries of environment and forestry and energy and mineral resources did not respond to requests for comment....
...Both Albemarle and Chile’s SQM are already investors in some of Western Australia’s largest lithium projects and have partnered with local players including IGO, Wesfarmers and Mineral Resources to develop...
...Before we were talking about the military, telecommunications, now we’re talking about critical minerals, energy,” she said....
International Edition