Large Philippines mining operator Nickel Asia is reportedly eyeing the addition of two more producing mines in the coming three years, adding additional output to what is already the second-largest global nickel producing country. Full story.
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Indiana, U.S.-based Allison Transmission has confirmed a new letter of intent (LOI) with equipment maker SANY to supply the Allison 4000 Series transmission for SANY’s SKT105 96-ton wide body mining dump (WBMD) truck for the India market. Full story.
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Kainantu Resources has agreed to terms for the acquisition of the remaining 90% interest in the May River project in Papua New Guinea from Hardrock Limited, giving the Asia-Pacific-focused miner full ownership and control. Full story.
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Mining and explosives supplier BME, part of Omnia Holdings, has inked a conditional sale and purchase of shares agreement (CSPA) to solidify a joint venture with Indonesian group PT. Multi Nitrotama Kimia (MNK). Full story.
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Global automaker Ford has joined PT Vale Indonesia and China’s Zhejiang Huayou Cobalt as a new partner in a US$4.5 billion nickel processing plant in Indonesia, reported Reuters. Full story.
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BHP has signed a Memoranda of Understanding (MoUs) with China Copper and Daye Nonferrous – two of China’s leading copper producers – to develop a more sustainable and responsible copper value chain with the aim of supporting the world’s energy transition. Full story.
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Canadian-headquartered Monument Mining has confirmed that mining of high-grade sulphide ore has begun at its Selinsing gold operation in Pahang State, Malaysia. Full story.
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Kingsgate Consolidated said it is readying to commence production once again at the Chatree gold operation in Thailand, more than six years after it was reportedly forced to close over environmental and health issues. Full story.
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Rio Tinto and the Mongolian government – both owners of the massive Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia – have officially commemorated the start of underground production from the operation. Full story.
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Lynas Rare Earths has inked new agreements with Japan Australia Rare Earths (JARE) that will further strengthen its balance sheet and support funding of capital projects designed to meet accelerating global demand for rare earth materials. Full story.
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