In light of Mali’s recent introduction of legislation that would allow the state a more substantial slice of the country’s mining assets, Kodal Minerals Plc has made a clear statement: its lithium project will proceed as planned, unaffected by the new law. Highlights The West African nation of Mali, renowned for its abundant mineral resources, […]
Glencore, a global powerhouse in the commodity trading and mining sectors, is currently embroiled in intense negotiations with the South African government. At the heart of these discussions is a substantial pledge by Glencore to invest $316 million in the Cape Town refinery. However, recent developments suggest that the company is on the brink of […]
In a remarkable turn of events, Vedanta, once expelled from its operations by Africa’s second-largest copper producer, is set to regain ownership of a significant Zambian copper mine. This move comes as Zambia ardently seeks to reignite mining investments and reclaim its position on the global copper production stage. Highlights Vedanta, owned by Anil Agarwal, […]
As the world’s largest commodity trading company looks to grow in the rapidly expanding sector, Glencore intends to boost its exposure to the Democratic Republic of the Congo to get the metals necessary for electric vehicle batteries. Highlights: After reaching an agreement with Tantalex, a company listed on the Toronto Stock Exchange looking for lithium […]