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...Based in Duluth, Minnesota, Allete is known in the utilities sector for powering mines of taconite which is used to create iron ore used by the steel industry....
...New Delhi is pushing state-owned mining groups to pursue mineral reserves in South America and Africa as well as inviting bids to develop domestic mining blocks as it seeks to expand industries such as electric...
...In 2022, Justin Trudeau’s government ordered three Chinese groups to divest from early-stage lithium mining companies listed in Toronto, some of which had assets outside of Canada....
...Anglo American’s key South African shareholders, which collectively hold more than 15 per cent of the mining company’s shares, have told the Financial Times that they are open to a takeover offer from BHP...
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...Labor intends its National Reconstruction Fund to help redress the balance by making targeted investments in maturing companies in sectors including renewable energy, medicine, defence, agriculture and mining...
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...Last year US authorities blocked a copper-nickel project in Minnesota to preserve a wilderness area....
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...Rio Tinto, one of China’s largest iron ore suppliers, is confident that a recent pick-up in activity in the country’s manufacturing sector will be sustained despite a property slowdown....
...Founders Richy and Paul Almond come from a lineage of Tyneside shipbuilders and grew up in a mining village....
...They note that manufacturing companies are keen to hire, rather than fire, workers — but are hampered by a global shortage of people with manufacturing skills....
...He said his company delayed plans to add a 500-megawatt assembly line to its solar panel factory in Minnesota. “We don’t want to bite something we cannot chew.”...
...You can’t build [manufacturing] capability because you don’t have reliable supply. You can’t create a reliable supply unless you’ve got a buyer of it.”...
...“Underground mining has declined severely, and that’s because of economics,” he said....
...The battle for natural resources crucial to the green energy transition is in the spotlight again with the biggest offer for a mining company in years and a new warning over China’s dominance of a critical...
...Other miners, such as Bitdeer, are getting into manufacturing rigs themselves....
...These include electric vehicle supply chains, manufacturing, strategic mining companies and a group of smaller cross-border ecommerce companies that are copying the model of Shein, which was privately valued...
...The UK has taken some steps forward in supporting mining and refining projects....
...As a result, manufacturing industries remain small compared with emerging world peers, including neighbouring Argentina....
...Mining giant Glencore will release its full-year production report for 2023....
...Unlike the French-speaking southern region of Wallonia, Flanders has little legacy of heavy industry, such as coal mining and steelmaking....
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...The Inflation Reduction Act there has been used for companies to tap into, to say, OK, we will, you know, set up a manufacturing facility here, which we might not have done under our own steam due to cost...
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