Copper miners, Chinese smelters agree first drop in fees in 3 yrs

Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said.

China allows a trickle of critical minerals exports ahead of graphite curbs

Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.

As Exxon eyes lithium, crucial decision looms on filtration technology

Mining News Pro - Exxon Mobil has yet to decide which lithium filtration technology it will deploy as part of its aggressive plans to become one of the world’s top producers of the metal used to make electric vehicle (EV) batteries, an executive said on Tuesday.

Senate passes ‘same job, same pay’ split

Mining News Pro - The Federal Government’s Closing Loopholes Bill has been successfully split in a bid to pass uncontentious and broadly supported protections, the ABC reported.

Billionaire-owned Vedanta seals Zambian copper assets deal

Mining News Pro - Vedanta Resources and the Zambian government on Monday sealed an agreement that restores the Indian company’s ownership of Konkola Copper Mines (KCM), ending a protracted ownership battle that stifled investment.

Lithium producers stay bullish on EVs despite growing headwinds

Mining News Pro - The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.

Taliban says plans to formally join China’s Belt and Road Initiative

Mining News Pro - The Taliban administration wants to formally join Chinese President Xi Jinping’s huge ‘Belt and Road’ infrastructure initiative and will send a technical team to China for talks, Afghanistan’s acting commerce minister said on Thursday.

Nigeria to require mining firms to invest in domestic processing

Mining News Pro - Nigeria is toughening up licensing rules for foreign mining companies to push them to boost processing and refining of metals like lithium and zinc within the country, its minister of mines said on Tuesday.

South African mining profits slump by almost half

Mining News Pro - South African mining company profits have plunged by almost half this year, dropping almost 100 billion rand ($5.2 billion) because of the blows from lower commodity prices, crippling power cuts, rail network constraints and rising costs, Fin24 said, citing a report by PwC.

Australia billionaire weighs in on Albemarle’s takeover target Liontown

Mining News Pro - Hancock Prospecting, owned by Australia’s richest person Gina Rinehart, said on Tuesday it could help Liontown Resources build its lithium mine, after raising its stake in the developer that has accepted a buyout bid from Albemarle

US says it can’t cut China out of critical minerals supply chain

Mining News Pro - The US won’t be able to cut China out of the critical minerals supply chain even as Washington seeks to diversify its sources of the ingredients that go into everything from electric vehicle batteries to solar panels, a top Biden official said on Friday.

Uranium primed to extend rally on resurgent nuclear power

Mining News Pro - Uranium prices are likely to extend a blistering rally and end the year more than 50% higher as mounting worries over climate change accelerate a global shift to cleaner sources of energy including nuclear power, analysts said.

Khuzestan Steel Company modifying their consumption pattern

Mining News Pro - The CEO of Khuzestan Steel Company, said: "The culture of consumption in our company should be institutionalized, of course, the aim is not to eliminate costs absolutely, but to control costs." There is a need to make past experiences a beacon for the future.”

Hormozgan Steel intends to produce 10 million tons of steel in the province

Mining News Pro - The CEO of Hormozgan Steel Company said that they are trying to become the most important players of steel production in the country by implementing numerous development plans and realizing the production of 10 million tons of steel in Hormozgan province.

Ramelius Resources extends Musgrave Minerals takeover offer

Mining News Pro - Ramelius Resources has received acceptances for 47.36 per cent of Musgrave Minerals shares.

Chadormalu Mining Company is a pioneer of Iran’s national development

Mining News Pro - During the signing of the contract for the construction of the first solar power plant with a capacity of 100 megawatts, Taherzadeh, the CEO of Chadormalu Mining Company said: “Mining and mineral industries have great advantages over petrol due to the presence of various minerals, available energy, efficient manpower and access to open water”.

The race to ditch Russian uranium starts in New Mexico’s desert

Mining News Pro - In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia.

Rio thinks big in Canada

Mining News Pro - Rio Tinto’s Diavik diamond mine in northern Canada will soon be home to the largest solar power plant in the country’s northern territories.

Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project

Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.

The 33.2% share of Mobarakeh Steel Group in the 8.8% growth of Iran's steel production

Mining News Pro - The vice president of operation of Mobarakeh Steel said: The report of the World Steel Association in May 2023 indicates that despite the 5.1% decrease in global steel production, the steel production of Iran has experienced an 8.8% growth, and Mobarakeh Steel Group has increased by 33% during this period. It has produced 2% of the country's total steel.

The CEO of KSC: Iran’s steel industry is on the edge

Mining News Pro - Amin Ebrahimi said that the resilience of the country's steel industry has reached an alarming limit following the intensification of challenges such as the shortage and high cost of energy carriers.

The mining world turns to Saudi cash for critical metal supply

Mining News Pro - A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player.

Biden’s energy funds fall behind schedule over China scrutiny

Mining News Pro - US Energy Secretary Jennifer Granholm knows time is not on her side.

Biden’s electric car sales plan to strain critical mineral supplies

Mining News Pro - Stellantis NV and Toyota Motor Corp. blasted a Biden administration plan to squelch auto pollution, saying it would compel aggressive and unrealistic sales of electric vehicles that strain critical mineral supplies.

China’s rare earths dominance in focus after mineral export curbs

Mining News Pro - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.

Esfahan Mobarakeh Steel co.
khuzestan steel
chadormalu Co.
ghadir neiriz co
sangan steel
ahan o fulad golgohar