The world’s iron ore powerhouse is preparing to reinvent itself

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PLUS: Panamanian protesters break into international port used by First Quantum Minerals

October 29th, 2023 MINING NEWS DIGEST   The world's iron ore powerhouse is preparing to reinvent itself For the first time in a generation, the spectre of disruption looms over mining's most reliable profit generator.    Australia's science agency reports breakthrough in concentrated solar thermal energy storage The technology is expected to support the decarbonization of Australia's heavy industry.   Panamanian protesters break into international port used by First Quantum Minerals As protests continue against First Quantum's Cobre Panamá operation, the Canadian miner asks authorities to protect its workers and facilities.   Death toll rises to 45 in ArcelorMittal Kazakh coal mine fire The accident took place at the Kostenko mine after what appeared to be a methane leak.   Traders and banks strike deals in Russian metals as taboo fades A handful of Western banks and traders from Citigroup to Trafigura Group are increasingly willing to enter new deals for Russian metals.   Germany's Scholz says his country willing to invest in Nigerian gas, minerals "There is a willingness to invest, especially in critical minerals," German Chancellor Olaf Scholz told reporters.   US, UK make progress on critical minerals agreement, US says US Trade Representative Katherine Tai said "significant progress" was made on a US-UK critical minerals agreement in talks on Saturday in Japan.   The energy chief trying to get the UK to speed up carbon capture Centrica Plc boss Chris O'Shea is on a mission to show the UK government that it needs to speed up carbon capture projects.   Rinehart buys 18% stake in Azure Minerals to block SQM takeover Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer.   Researchers figure out efficient way to produce key ingredient in Li-ion batteries Japanese scientists synthesized lithium cobalt oxide at low temperatures.   Agnico operating permit restored for Kittila mine in Finland The company now expects to reach the upper end of its annual guidance.   Shenghe Resources throws Vital Metals a lifeline The Chinese company is acquiring new shares North America's second rare earths producer for $3.8 million.   Caspin Resources makes heavy rare earths discovery in WA's West Musgrave The company has now reported its highest grade REE mineralization intersected to date at the Duchess Prospect at Mount Squires.   Dixie Gold agrees to friendly takeover by Australia's Omnia Metals The consideration represents a premium estimated to be in excess of 600% to Dixie Gold's value on the date of agreement.   CMS: How to fix 'everyone needs us but no one likes us' The mining industry must confront its dark past of disasters to attract new investors and offer project stakes to local towns to improve ESG metrics.     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.