mine

Congo Files Criminal Complaints Against Apple in Europe Over Conflict Minerals

1 day ago

The government of the Democratic Republic of Congo (DRC) has initiated criminal complaints in Europe against Apple, accusing the company of unlawful exploitation of minerals used in electronics manufacturing. Officials highlight that such activities undermine efforts to combat resource-related conflicts and exacerbate social and environmental issues in the region.

UK Court Rules Approval of First Coal Mine in Three Decades Unlawful

3 months ago

A recent court ruling has placed the UK in a legal quandary regarding its approval for the construction of the first coal mine in three decades. The court determined that the government’s decision to allow the operation of a new mine in the Mull district was ill-considered, failing to account for the country's impending climate obligations. This mine, located in Cumbria, has been a focal point of contention among environmentalists and activists who argue that its opening contradicts the UK’s efforts to reduce carbon emissions.

Rio Tinto Increases Stake in Graphite Miner Amid China's Export Restrictions

3 months ago

Mining company Rio Tinto has announced that it is increasing its stake in graphite company Talon Metals Corp., primarily in response to new export restrictions on graphite from China. This deal comes amid growing demand for graphite, which is a key component in the production of batteries for electric vehicles and other high-tech applications.

Zambian Copper Mines Parched for Power Find an Unlikely Savior

4 months ago

In Zambia's rich copper region, something quite absurd is unfolding: local mines are fighting for survival due to a lack of electricity. However, a solution has emerged from an unexpected source. Instead of conventional power supplies, Zambian mines discovered a sort of "savior" in alternative energy sources.

Unexpected Mine Shutdown Raises Questions About Lithium Price Recovery

4 months ago

The recent closure of one of the world's largest lithium mines in Western Australia has sparked discussions among experts and analysts about the potential for price stabilization, as lithium prices have been in a free fall lately. The shutdown occurred due to escalating disagreements between the managing company and local authorities, prompting market participants to revise their forecasts.

Soaring Lithium Stocks Amid Speculation of CATL Production Halt

4 months ago

Lithium stocks, including Pilbara Minerals and Tianqi Lithium, have experienced significant gains amid speculation regarding a potential production halt at one of CATL’s major projects, a leading battery manufacturer in China. Investors and analysts believe this could lead to an increase in lithium shortages, subsequently driving up prices for the raw material and shares of companies engaged in its extraction.

Nestlé Fined $2 Million in French Mineral Water Settlement

4 months ago

Nestlé, one of the world's largest food and beverage manufacturers, has agreed to pay a fine of $2 million related to a mineral water case in France. This decision comes after prolonged legal disputes regarding the legitimacy of tapping mineral sources in the region. The issue arose from allegations that the company was extracting water from six sources in the Vendée province without adequate permits and approvals.

Green Fund Investors Set to Bet on Mining Industry After Market Slump

4 months ago

A recent downturn in metal prices has caught the attention of green investment funds, which are now considering investments in the mining sector. These funds, managing a combined $14 billion in assets, are planning to start deploying capital into companies that extract key minerals such as lithium and cobalt. These resources are essential for producing batteries used in electric vehicles and other technologies that promote sustainable development.

Arcadium Temporarily Suspends Operations at Lithium Mine in Western Australia

4 months ago

The mineral production company Arcadium announced the decision to halt production at its lithium mine located in Western Australia, a move that has raised eyebrows in the mining and energy sectors. The suspension, effective immediately, is attributed to a combination of operational challenges and market conditions that have made continued production economically unfeasible.

South Africa Lures BYD with Critical Minerals and Automotive Skills

4 months ago

The South African government has taken active steps to attract renowned Chinese automotive manufacturers like BYD as part of its strategy to develop the economy and national industry. Recently, BYD's decision to consider opening a new factory in South Africa stemmed from the region's rich reserves of critical minerals used in battery production and other components of electric vehicles.