Rhodium price rockets to all-time high
The rhodium price has been on a stomach-churning ride this year, rocketing from $6,050 an ounce at the start of 2020 to a high of $13,800 an ounce by March 10, only to plummet to $7,800 an ounce before the end of that month as covid-19 spread around the world. This...
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...
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