BHP CEO says ‘ship has sailed’ on potential acquisition of Canada’s Nutrien

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PLUS: Codelco to buy Lithium Power | Paladin takes over Michelin uranium project | Whitehaven wins bid for BHP coal mines

October 18th, 2023 MINING NEWS DIGEST   BHP CEO says 'ship has sailed' on potential acquisition of Canada's Nutrien  The world's biggest mining company is concentrated on building its own potash business instead.   Codelco to buy Lithium Power for $244 million The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector.   Paladin becomes sole owner of Michelin uranium project With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada.   Whitehaven to buy BHP's Queensland coal mines in $4.1bn deal The decision furthers BHP's push to exit its coal operations in Queensland.   JV Article: Take Part in the 2023 Mining Needs You Virtual Career Fair The Mining Industry Human Resources Council (MiHR) has partnered again with the Prospectors & Developers Association of Canada (PDAC) and the Canadian […]   Brazilian court rules in favor of Brazil Potash's Autazes project The $2.5 billion project aims to provide an initial output that is sufficient to cover approximately 20% of Brazil's potash needs.   Gold price rises to 11-week high on escalating Middle East conflict Bullion has been on the rise since Hamas' surprise attack on Israel earlier this month, up more than 5% over that period.   Antofagasta shares fall after 2024 copper output forecast disappoints The Chilean miner said it produced 469,100 tons of copper in the first nine months of 2023, 4.1% higher than the same year ago period.   Canadian technology company creates metals supply chain software to combat fraud Alberta-based Daniola says it has developed a secure digital platform to bring more accountability and transparency to metals transactions.    Funds return to LME nickel with $4.6 billion in short positions Measured by value, that's a record in data going back to 2018, while in tonnage terms the mismatch is near an all-time high seen in 2019.   Grupo Mexico proposes work group to address Sonora river contamination Nine years ago, a toxic mining acid spill into the Bacanuchi river in Mexico's Sonora state became one of the country's worst ecological disasters.   'Green' battery recycling technique allows for massive recovery of aluminum, lithium A recently developed method allows for the recovery of 100% of the aluminum and 98% of the lithium from spent electric car batteries.   Vale's iron ore output falls as operations failure hits key mine The firm produced 86.2 million metric tons of iron ore between July and September.   Rio Tinto aims to add more iron ore with stronger China outlook The producer will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia's Pilbara region.   Supreme Court of Canada's ruling leaves resource companies uncertain of environmental regulations on projects Alberta, which wants to see oil and gas projects approved at a faster clip, won a legal case in a provincial court in 2022, challenging the constitutionality of the Impact...     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.