InternationalNews Fortescue targets copper Alta Copper shareholders have approved Fortescue’s (ASX: FMG) proposed acquisition of its portfolio of exploration assets, including the Cañariaco copper project in northern Peru.
InternationalNews US-based critical minerals company to acquire Australian Strategic Materials Energy Fuels is set to acquire Australian Strategic Materials (ASX: ASM) for about $447m.
InternationalNews Japan’s world-first deep sea mining expedition Last week, a drilling-equipped research vessel, Chikyu, departed Japan’s shores to conduct an experimental extraction of rare earth rich mud from the ocean floor.
InternationalNews Hancock Prospecting re-enters Saudi Arabia Hancock Prospecting has become the first Australian company to enter a joint venture (JV) with Saudi Arabia’s largest miner, Maaden.
Exploration & DiscoveryInternationalNews Summit Minerals acquires historic high-grade mine Summit Minerals (ASX: SUM) has signed an agreement to acquire 100% of the historic high-grade polymetallic Keystone mine in Nevada, US.This forms part of the Keystone project, located within the large-scale skarn district and hosting significant historic and current production of silver, gold, lead, zinc, molybdenum and tungsten.
InternationalNewsTechnology & Innovation Nuton technology produces first copper Rio Tinto (ASX: RIO) has successfully produced first copper at the Johnson Camp mine in Arizona, US, using its innovative bacteria and acid driven Nuton technology.
InternationalNewsProjects & Operations Glencore eyes $2.4b copper push Vale Base Metals and Glencore Canada have agreed to jointly evaluate a potential brownfield copper development in Canada’s Sudbury Basin.The move comes as copper prices soar, driven by supply crunches, an anticipated shortage and uncertainty as US tariffs loom.
InternationalNewsTechnology & Innovation Fortescue to develop green iron technology with Chinese steelmaker Fortescue (ASX: FMG) will collaborate with Taiyuan Iron and Steel Group (TISCO), a subsidiary of China Baowu, to trial an emerging green ironmaking technology.
InternationalNewsProcurement & SuppliersProjects & Operations Vulcan advances $3.9b lithium project Vulcan Energy (ASX: VUL) has secured $3.9b in funding for the development of its phase one Lionheart lithium and renewable energy project in Germany.
InternationalNewsPolitics & Regulation China escalates BHP iron ore standoff China Mineral Resources Group (CMRG) has ordered steel mills to stop purchasing a certain type of BHP (ASX: BHP) iron ore, Reuters reports.
Economics & Commodity PricesInternationalNews Rinehart drops lithium stakes for rare earths Gina Rinehart has become the majority shareholder in the US’s only rare earths producer, MP Materials, while majorly decreasing her US-listed lithium holdings.
