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Vale loses spot as world’s top iron ore producer to Rio Tinto
Brazil’s Vale SA on Tuesday posted a sharp output decline and $671 million in net additional provisions stemming from a deadly dam burst about a year ago, underlining the enduring effects of the incident on the iron ore giant. In a statement, the company reported a...
BHP becomes world’s top copper producer
BHP Group on Monday became the world’s largest copper miner based on production after Chile’s copper commission announced a slide in output at state-owned Codelco. Hampered by declining grades, Codelco production declined by 5.6% or about 100,000 tonnes last year....
Gladstone welcomes $200m alumina plant
Mineral development company Alpha HPA plans to build a $200 million high purity alumina (HPA) industrial plant in Gladstone, Queensland. The plant will occupy a 9.2 hectare site in the Gladstone state development area which is owned by the state government. This also...
Samsung to source cobalt from Glencore mines
Glencore has signed a five-year agreement with Samsung SDI to supply cobalt hydroxide for the technology giant’s lithium-ion batteries. Under the contract, Glencore will provide Samsung with up to 21,000 tonnes of cobalt contained in cobalt hydroxide between 2020 and...