Brazil's Vale drops IPO plans for critical minerals unit, The Globe and Mail reports

Miner Vale is shelving plans for an initial public offering (IPO) of its critical minerals unit amid political pushback in Brazil over the country potentially losing control over strategic mining... 

Albemarle names BHP executive Ragnar Udd as CEO

Albemarle said on Thursday it has appointed BHP executive Ragnar Udd as its CEO, tapping an industry veteran to lead the world's largest lithium producer. Udd, currently BHP's chief commercial... 

Australia's Vulcan seeks investors for German lithium expansion project, courts Asian interests

Lithium developer Vulcan Energy Resources on Thursday announced phase two of its lithium project in Germany's Upper Rhine Valley and commenced process to bring in additional strategic investors.... 

LME zinc squeeze signals deepening supply risks for the West, Reuters says

Another year of mine underperformance, record-low smelter treatment terms and a scramble for metal on the London Metal Exchange (LME). If you're thinking this is a description of the copper market,... 

Jemena plans new pipeline for Australia's Beetaloo Basin shale gas province

Pipeline operator Jemena, owned by State Grid Corporation of China and Singapore Power, plans to build a new pipeline linking Australia's Beetaloo Basin shale gas province with the country's... 

Lynas Rare Earths says it was in takeover talks earlier this year

Australia's Lynas Rare Earths, the world's largest producer of rare earths outside China, was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on... 

Sibanye presses ahead with first copper project as half-year profit triples

Sibanye-Stillwater has approved its Australian copper project, it said on Tuesday after reporting a surge in half-year profit on higher gold and platinum group metal (PGM) prices. The... 

Coal India to sell 10% stake in unit Mahanadi Coalfields' IPO

Coal India, the world's largest coal producer, is selling a 10% stake in Mahanadi Coalfields through the fully owned subsidiary's initial public offering (IPO), draft papers filed with the market... 

BHP's chief commercial officer to step down in January, internal memo shows

BHP's Chief Commercial Officer Rag Udd will step down at the end of January to pursue an opportunity outside the company, according to a staff memo seen by Reuters on Tuesday, leaving open one of... 

Australia's new shale basin Beetaloo sends first gas to market

Developers of Australia's Beetaloo basin sent the first gas from the project north to Darwin on Tuesday in what they hope will demonstrate steady flows that can underpin wider commercialisation of... 

Solar overtakes coal as China's largest source of installed power capacity

Solar farms overtook coal plants in July to become China's top source of installed power capacity, State-run media reported on Tuesday, although solar still lags well behind coal in terms of power... 

India revives talks with Zambia to invest in critical minerals, sources say

India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals, two sources said, as New Delhi looks increasingly overseas for raw materials to meet... 

Chile's copper output declines 9.4% in July hit by severe weather

Copper output in Chile, the world's largest producer of the metal, fell 9.4% year-on-year in July hit by severe storms that struck mining operation areas, statistics agency INE said on Monday.... 

Smackover Lithium signs supply deal with LG Energy Solution

Smackover Lithium, a joint venture between Standard Lithium and Norway's Equinor, said on Monday it has signed its second commercial offtake agreement for its South West Arkansas (SWA) project with... 

India's ONGC to invest 1trn rupees for deepwater exploration, says chairman

India's Oil and Natural Gas Corporation aims to invest one-trillion rupees ($10.51-billion) over five years for exploring its local deepwater and ultradeep water fields, chairperson AK Singh said... 

Sasol earnings up 9% on higher oil prices, fuel sales volumes

South African petrochemical firm Sasol said on Tuesday its annual profit rose 9% from a year ago, buoyed by higher crude oil prices and increased fuel sales volumes.  Sasol's headline earnings per... 

Bumi Resources units launch coal-to-gas project, energy ministry says

Units of Indonesia's largest coal miner, PT Bumi Resources, have launched construction of a plant intended to produce up to two-million tons of gas a year from coal, the Energy and Mineral... 

Experts, lawyers puzzled over US-Venezuela oil deal, call for contract transparency

A massive long-term oil deal expected to grant the US access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and eventual execution, while calling... 

IDB Invest to back Posco Argentina lithium expansion with up to $700m

IDB Invest, the private-sector arm of the Inter-American Development Bank, will lead the financing of up to $700-million for a unit of South Korea's Posco Holdings to expand lithium production at... 

Alrosa posts H1 loss due to weak diamond market, strong rouble

Russian diamond miner Alrosa, the world's largest diamond producer, slipped into a loss in the first half of 2026 amid an ongoing industry crisis and a strong rouble, the company said on Thursday.... 

Argentina, Chile revive cross-border mining framework for investment

Argentina and Chile are seeking to unlock billions of dollars in mining investment by advancing legal and regulatory frameworks that would allow companies to share infrastructure and resources... 

Indian coal power plants have critical low fuel, government data shows

Forty five power plants in India are operating with critically low coal inventories, government data showed, as monsoon rains disrupt supplies and electricity demand rises amid hotter-than-usual... 

Brazil's Vale studies extracting rare earths, gold from mining waste

Brazilian miner Vale is studying the possibility of extracting rare earths, gold and other minerals from mining waste as part of its circular economy strategy, a Vale executive said on Wednesday.... 

Australia's South32 annual profit jumps 55%, extends shareholder-returns programme

Australia's South32 on Thursday posted a 55% rise in annual profit, largely in line with market expectations, and extended its shareholder-returns programme, sending its shares to a more than... 

Boliden to buy Votorantim's 64.7% stake in Nexa Resources

Swedish miner Boliden said on Thursday it had agreed to acquire all of Brazilian group Votorantim's shares in zinc and silver producer Nexa Resources, giving it a 64.68% stake, and will bid for the... 

China Nonferrous Mining launches up to $300m convertible bond deal, term sheet shows

China Nonferrous Mining Corporation is launching a sale of up to $300-million of US dollar-denominated convertible bonds due 2031, according to a term sheet seen by Reuters on Wednesday. The Hong... 

EGA restarts quarter of reduction cells at Al Taweelah smelter

Emirates Global Aluminium (EGA) said on Wednesday it had brought a quarter of its Al Taweelah smelter in Abu Dhabi back online as the company works to recover from damage caused by an Iranian... 

IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns

The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund MD Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating... 

South African miners accelerate shift to renewable power to cut Eskom reliance

South Africa's mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of... 

Brazil miner Samarco eyes regaining second-largest iron-ore pellet exporter spot in 2028

Brazilian miner Samarco, a joint venture between Vale and BHP, expects to regain the position of world's second-largest exporter of iron-ore pellets starting in 2028, the firm's CEO Rodrigo Vilela... 

AngloGold Ashanti to process all its Brazilian gold concentrate domestically

AngloGold Ashanti has resumed operations at a Brazilian plant shut down in 2022, allowing the miner to once again domestically process all the gold concentrate from its local mines, rather than... 

World braces as Trump's Canada tariff stand-off escalates, Reuters columnist says

The resurgent trade spat between US President Donald Trump and Canadian Prime Minister Mark Carney comes at a delicate juncture for both North American countries - and the global economy. Missteps... 

Australian Indigenous group appeals Fortescue mining compensation ruling, seeks $1.3bn

Australia's Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands... 

Lynas expands global footprint, eyes new rare earths supply deals

Australia's Lynas Rare Earths said it planned to grow its global supply chain on Wednesday, with discussions to secure new mine supply from project developers around the world and set up a magnet... 

Sinomine secures additional Zimbabwe lithium export quota

Sinomine Resource Group has secured an export quota for an additional 300,000 metric tons of lithium concentrate from Zimbabwe, the company has said. Zimbabwe, Africa's top producer of battery... 

Ghana bars unrefined artisanal gold dore exports from September 1

Ghana's GoldBod has ordered that artisanal gold dore purchased by self-financing aggregators for export must be refined locally from September 1, effectively banning exports of unrefined dore under... 

Woodside scraps clean energy target, posts 7% first-half profit rise

Australia's largest independent dedicated oil and gas company Woodside Energy on Tuesday abandoned a longer-term emissions target and $5-billion in planned clean energy spending by 2030 to focus on... 

Port Hedland unions place wage deal counterproposal to BHP ahead of September 8 talks

The Combined BHP Ports Unions has placed a counterproposal on a wage deal for workers at its Port Hedland operations in Western Australia ahead of their next meeting on September 8, it said on... 

New Sinopec boss presses reset for world's biggest oil refiner

Hou Qijun has set out to transform Sinopec, the world's largest refiner, as it faces dwindling fuel demand, overcapacity in petrochemicals and the world's worst oil crisis, when he could be... 

Rusal derailment in Guinea halts alumina exports, sources say

A train operated by Russian aluminium producer Rusal derailed in Guinea's Dubreka prefecture over the weekend, cutting rail access to its Friguia alumina refinery, halting alumina exports and...