Trafigura and Mubadala consider selling their Brazilian iron ore port to invest in green energy initiatives.
Commodities
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CommoditiesExploration & DevelopmentNews
Lundin Seeks Joint Venture with BHP for Strategic Copper Acquisition
Lundin Mining considers a joint venture with BHP to acquire Filo Corp, aiming to enhance global copper production and growth.
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Nexa Resources progresses in negotiations to sell its lucrative Pukaqaqa copper project in Peru’s central highlands.
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CommoditiesExploration & DevelopmentNews
Japan Discovers Over 200 Million Tonnes of Battery Metals in Seabed
Japan’s discovery of vast battery metal deposits in the Pacific could revolutionize resource extraction.
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SQM and Talga Group’s partnership on the Aero lithium project aims to enhance the lithium supply for Europe’s electric vehicle industry.
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Anglo American anticipates a 30% decrease in copper production at Los Bronces mine in Chile, due to extended maintenance scheduled for 2024.
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De Beers discontinues its lab-grown diamond brand, Lightbox, shifting focus back to natural diamonds amid corporate changes and market pressures.
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Trafigura’s massive aluminum deposits clash with bullish banks, reshaping market dynamics and reigniting debates over stockpile strategies and market influence.
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Iron ore prices reach a three-month high as China unveils significant real estate stimulus, promising increased demand and economic benefits.
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UK Supreme Court rules that sunken WWII silver bars worth $43 million belong to South Africa, denying compensation to the British salvage …