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...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...
...“The LSE has a comparatively low appetite for mining investment and is no longer suitable as the company’s primary bourse,” he added....
...A question mark remains over how far a global sea mining industry would need states’ support to compete on costs with terrestrial mining....
...A tie-up involving the two listed groups would be one of the most influential in the mining sector since Glencore’s acquisition of Xstrata in 2013....
...Meanwhile, the mining sector is flush with cash after bumper profits from higher commodity prices in recent years....
...The Australian mining billionaire Gina Rinehart has built a nearly 6 per cent stake in rare-earth developer Lynas, strengthening her hand in the contest to build a non-Chinese supply of critical minerals...
...Australian mining billionaire Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in Indonesia...
...“The region has huge potential to create a major mining industry,” says Tom Harley, managing director of Dragoman, a mining advisory working with Gulf nations....
...The move on Anglo represents the latest attempt by Melbourne-based BHP — known colloquially as “The Big Australian” in its home market — to reshape the global mining industry....
...“The board yesterday sanctioned the biggest mining project in the world,” Stausholm told the Financial Times....
Any deal would need South African government’s approval while cost savings are another issue
...Mining as a whole is going through the glum end of the commodity cycle....
...For the White House, tackling Chinese dominance is a strategic priority: China is home to 70 per cent of rare earths mining and 90 per cent of processing capacity, according to the International Energy Agency...
...Corporate results: India’s Reliance Industries and China’s Zijin Mining announce quarterly results....
...Potanin said in an interview with Russian media outlet Interfax that the mining major plans to replace copper smelting capacity at the Nadezhda plant in the Russian Arctic with new facilities in China from...
...The world’s biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa, is expected to start this year after a 27-year wait beset by setbacks, scandals and several...
...Barclays, meanwhile, recommends an overweight position in European mining stocks, which will benefit from rising metals prices and fresh “signs of life” in China....
...The country’s production capacity for battery-grade nickel is expected to quadruple to 1mn tonnes by 2030, said Septian Hario Seto, the deputy co-ordinating minister for investment and mining....
Global fleet increases in 2023 as China brings on new plants and the pace of closures slows in EU and US
...The company is building Chancay along with a junior partner, Peruvian mining company Volcan....
...Nickel mining in Indonesia, the world’s largest producer of the electric car battery and steelmaking ingredient, has faced growing criticism from environmental groups for causing forestry loss, mining waste...
...Trained as a geologist and first working in the Australian mining sector, Weir traded metals derivatives at NM Rothschild....
...Almost all international exploration licences are in the Clarion-Clipperton Fracture Zone, in the Pacific Ocean near Hawaii....
Traders have reason to be optimistic despite property market woes in Asian country
...The unsolicited approach sent shockwaves through the global mining sector, stoking the prospect of a bidding war....
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