An Indian government source told Reuters that the country is in talks with Mongolia to set up a preliminary pact that will focus on mineral shipments between the two Asian nations. “The pact with Mongolia will focus on transit of minerals” such as coal and copper, said the source, who did not want to be identified as the deliberations are…
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Fortescue intends to purchase over 100 pieces of zero emissions heavy mobile equipment under a deal with Chinese manufacturer XCMG with a potential value of more than US$400 million. This marks XCMG’s largest contract outside of China for mining equipment and will see battery electric wheel loaders, wheel dozers, water carts, float prime movers and graders delivered to Fortescue’s Pilbara…
Read MoreThe Anjialing coal mine in the Shanxi province, operated by ChinaCoal Pingshuo Group, has reportedly turned the key on a 200-tonne pure electric dump truck. According to a Xinhua report, the developer and producer of the truck is Hunan Xiangdian Green Energy Intelligent Control, which manufactures electric trucks and electric locomotives for the Chinese mining industry. The vehicle can transport…
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New official data from China is reportedly revealing that iron ore imports in the country have been up this year through October, and in that month alone jumped 4.48% year-over-year on rises in steel margins.
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Rio Tinto said it is partnering with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.
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Anglo American has agreed to sell its 33.3% minority interest in Jellinbah Group, a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin A$1.6 billion (US$1.1 billion). Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. “The cash proceeds of A$1.6 billion reflect the…
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Rio Tinto completed the previously announced acquisition of Sumitomo Chemical Co.’s 20.64% interest in the joint venture New Zealand Aluminium Smelters (NZAS) on 1 November, making it the sole owner. NZAS owns and operates the Tiwai Point aluminium smelter, located on Tiwai Peninsula in Southland. Around 90% of the aluminium produced there is exported. “We are pleased the acquisition of…
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Rio Tinto has confirmed that an employee from a contracting company has died following an accident on October 26 at the SimFer port site on the Simandou project in Morebaya, Guinea. “Our deepest condolences go to the family, friends, colleagues and communities affected by this tragedy. Our focus is on offering all possible support during this difficult time,” said Rio…
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PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group), has successfully extended a coal mining contractor contract with PT Indonesia Pratama (IPR), a subsidiary of PT Bayan Resources (Bayan Group) on 23 October. The contract extension spans 11 years, starting in 2024, and will significantly increase total overburden removal to approximately…
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The Thiess-Khishig Arvin Joint Venture (TKAJV) has secured a new contract to provide mining services at the Oyu Tolgoi copper and gold project in Mongolia, marking TKAJV’s return to underground mining services. The deal, the value of which was not disclosed, also builds on the group’s recent successes with numerous underground construction projects, following the development of the mine’s 6.5-kilometre…
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