U.S. lawmaker questions Ivanhoe Atlantic’s China ties
A senior American politician is pressing the State Department over what he calls troubling links between Ivanhoe Atlantic and Chinese state interests. In a letter to Secretary of State Marco…
Iron Ore
London Symposium: Atlantic Canada preps for green energy transition
Canada’s Atlantic provinces are gearing up for the critical minerals push by aligning policies with the speed of industry and tapping into green energy. Due to their relatively small populations,…
BHP’s latest bid for Anglo topped $53B: report
The world’s largest miner offered £34/share (approx. $42.5), a 24% premium to Anglo’s £27.36 close, but it was not enough to succeed.
Anglo-Teck deal gets Canada security OK: report
Canada’s federal government has cleared Anglo American’s (LSE: AAL) proposed combination with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) on national security grounds, The Globe and Mail reported, citing an…
Fortescue ends court dispute with former execs
Australia’s Fortescue (ASX: FMG) has agreed to settle its high-stakes lawsuit accusing former executives of stealing company data to build their green iron start-up Element Zero. The iron ore miner had…
Anglo-Teck deal hangs on redomiciling: Globe
The federal government is pressuring Anglo American (LSE: AAL) to become legally Canadian on top of moving its headquarters to Vancouver as it scrutinizes the British miner’s $50-billion (C$69-billion) bid…
Guinea looks downstream past Simandou start
As the Rio Tinto-led (ASX, LSE: RIO) $23.5-billion Simandou iron ore mine started officially this week in Guinea, the West African country under military rule said it wants to expand…
China minerals curb could cost US GDP $1B: Macquarie
China’s export controls on certain critical minerals could cut gross domestic product in the United States by more than $1 billion a year, even if U.S. reliance on Chinese imports…
Fortescue’s Forrest doesn’t get critical minerals hype
Fortescue (ASX: FMG) founder and executive chairman Andrew Forrest said on Friday he’s advancing critical minerals projects despite not understanding the “fuss” surrounding the strategic metals. Speaking at Fortescue’s annual…
Ivanhoe Atlantic’s Guinea iron ore project moves closer to construction
Ivanhoe Atlantic has completed the necessary environmental and social impact studies (ESIA) for its Kon Kweni iron ore project in Guinea and submitted permit applications to begin construction early next year….
Cleveland-Cliffs eyes US rare earths production
Cleveland-Cliffs (NYSE: CLF) announced plans to enter the rare earth mining business after discovering two potential deposits in Michigan and Minnesota, which would allow the Ohio-based company to expand beyond iron…
New Ontario rules aim to speed up mine approvals
Ontario has introduced rules designed to cut mine approval times by half – a move that Energy and Mines Minister Stephen Lecce insisted will make the province more competitive in…