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BHP backs Encounter’s NT copper hunt
Junior explorer Encounter Resources has received endorsement for its Elliott copper project in the Northern Territory from mining giant BHP, with the two companies forming a joint venture (JV). Under the JV, BHP may earn up to 75 per cent interest in the project by...
Alcoa unveils industry-first low-carbon alumina
Alcoa has expanded its alumina offering to produce the industry’s first low-carbon, smelter-grade brand, EcoSource. EcoSource is joining Alcoa’s Sustana line of products and produced with no more than 0.6 tons (0.54 tonnes) of carbon dioxide equivalents (CO2e) per ton...
ZimbabwZimbabwe’s largest platinum project clears key hurdle
Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) has cleared an important hurdle to develop what it would be the African nation’s largest platinum mine. GDI, 50% owned by Russia’s Vi Holding and Zimbabwean investors, said the African Export-Import Bank...
Glencore tags $355m to extend life of Australian copper assets
Miner and commodities giant Glencore said on Wednesday it will invest A$500 million (about $355m) to extend the life of its copper smelter and refinery in the Australian state of Queensland beyond 2022. The decision follows an agreement with the State Government,...