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Tag: Metal Ore Mining
MMG Plans to Buy Copper Mine in Africa for $1.88 Billion
[ad_1] Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed…
BHP Iron-Ore Train Drivers Plan Industrial Action From Friday
[ad_1] Train drivers at BHP Group’s Australian iron-ore operations intend to begin industrial action on Friday in a dispute over working conditions that risks disrupting supplies of the steel ingredient…
Low Platinum Prices Show How Banking on Miners Could Threaten the Energy Transition
[ad_1] Nov. 15, 2023 3:00 am ET|WSJ Pro Plunging prices for platinum and other critical metals could derail mining investment needed to develop new supplies, posing a significant threat to…
Glencore-Led Group to Buy Teck’s Coal Business
[ad_1] Updated Nov. 14, 2023 5:10 am ET Canadian miner Teck Resources said it is selling its coal assets to a group led by mining and trading giant Glencore in…
WSJ News Exclusive | Teck Resources Nears Deal to Sell Coal Business to Glencore
[ad_1] Canadian miner Teck Resources is in advanced talks to sell its coal assets to mining and trading giant Glencore in a deal that would cap a lengthy saga and…
Exxon Makes Lithium Play in Long-Term Bet on EV Demand
[ad_1] Exxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030. The…
Copper Market Slump Threatens Shift to Wind Power, Electric Cars
[ad_1] A prolonged slide in copper prices is challenging the world’s shift to renewable energy sources. Mining firms will need to dig up gigantic amounts of new copper over the…
BHP CEO Says China Commodity Demand Robust Despite Economic Struggles
[ad_1] Updated Nov. 1, 2023 1:54 am ET ADELAIDE, Australia—China’s demand for commodities including iron ore and copper remains robust, the chief executive of mining giant BHP Group said, even…
BHP Iron Ore Train Drivers Threaten Strike Action in Pay Dispute
[ad_1] Updated Oct. 30, 2023 12:58 am ET Train drivers at BHP Group’s Australian iron-ore operations have voted in favor of strike action in a dispute over pay and conditions,…