Rio Tinto to miss 2025 emissions cuts targets
The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.
Iron Ore
Fortescue Metals says founder’s split with wife won’t affect miner
Australian iron ore miner Fortescue Metals Group (ASX: FMG) said on Thursday the breakdown of executive chairman Andrew Forrest’s marriage will have no impact on the couple’s mining business or…
BHP and Vale square off in London court over Samarco tailings disaster
Vale is challenging BHP’s claim that the two miners should split any fine over the deadly 2015 dam collapse in Brazil.
Mining the moon to lift off within 10 years, says NASA
The United States’ space agency (NASA) is looking to operate a pilot processing plant for lunar resources by 2032, as part of its planned Artemis missions that will also take…
Rio Tinto autonomous train back in operation after derailment
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it had reopened a rail line near the port of Dampier in Western Australia after an autonomous train carrying…
Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a…
Rio Tinto autonomous iron ore train derailed
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Monday a probe had been launched after one of its autonomous trains in Western Australia, derailed on Saturday evening. The world’s…
Deep-sea mining may affect thousands of new species found in hotspot
Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep sea miners.
Vale said to decide on base metals sale worth billions next week: Brazilian paper
Vale (NYSE: VALE), the world’s largest nickel producer, is said to be deciding next week on the sale of a minority stake of its base metals business to automakers, pension…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Fortescue Metals begins magnetite production at Iron Bridge
Fortescue Metals Group (ASX: FMG), the world’s No. 4 iron ore miner, has achieved first production at its US$3.9-billion Iron Bridge Magnetite operation in Pilbara, Western Australia, 20 years after…
No mining allowed in six new Indigenous reserves in Brazil
Brazilian President Luiz Inácio ‘Lula’ Da Silva has issued a decree creating six new Indigenous reserves, most of them in the Amazon, that are off limits for mining. The move…