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To meet 2050 lithium demand, the equivalent of 134 new lithium mines will be needed, says supply chain researcher Benchmark Mineral Intelligence. This equates to a new mine every two months for the next 24 years, explains Benchmark Mineral Intelligence lithium product director Dr Cameron Perks. He adds that demand growth between 2040 and 2050 […]
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Fortescue is working to resolve its iron ore negotiations in China while maintaining full-year guidance and managing growing product inventories. The miner shipped 46.8 million tonnes during the September quarter but recorded sales of 42.9 million tonnes, with the difference reflecting ongoing negotiations with China Mineral Resources Group (CMRG). Fortescue expects inventori...
hina‘s State iron-ore buyer has agreed a new supply deal for the key steelmaking ingredient with Rio Tinto, people with knowledge of the matter said. China Mineral Resources Group (CMRG) verbally notified some steel mills of the agreement on Wednesday without giving further details, they said. CMRG will start on Thursday to collect information on […]
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Marc Cameron will join Weir as president of the minerals division on October 26 and will become a member of the group executive. In a media release to Mining Weekly on Wednesday, October 21, Weir plc pointed out that Cameron would be bringing more than a quarter century of leadership experience, spanning mining operations, heavy equipment, technology-led solutions […]
Evolution Mining has moved into a net-cash position as the gold and copper producer seeks to convert its financial strength into a production advantage while developing several projects. After ending the 2026 financial year (FY26) with record cash flow and entering a net cash position, the gold and copper producer has entered an investment-heavy period […]
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