Latest Base metals industry News

Cliffs CEO: Minnesota mine will close without mineral rights

Nov. 18, 2022 10:46 AM EST

MINNEAPOLIS (AP) — The CEO of Cleveland-Cliffs says an iron ore mine in northern Minnesota will close in a few years if it doesn’t get mineral rights from a nearby project that hasn't been completed. Hibbing Taconite, which is owned by Cleveland-Cliffs, is expected to run out of...

Tribe continues fight against proposed Arizona copper mine

Nov. 17, 2022 17:06 PM EST

PHOENIX (AP) — The Arizona Court of Appeals ruled Tuesday that the state Department of Environmental Quality illegally issued a Clean Water Act permit for the proposed Resolution Copper Mine, which is being opposed by the San Carlos Apache Tribe. The decision overturns a Maricopa...

After years of construction, Shell ethane cracker starts up

Nov. 15, 2022 18:53 PM EST

MONACA, Pa. (AP) — Years in the works, a massive petrochemical refinery in western Pennsylvania fed by the vast natural gas reservoir underneath Appalachia became fully operational Tuesday, oil and gas giant Shell plc said. The refinery, built on the site of a former zinc smelter...

Oregon university plans to develop new rechargeable battery

Nov. 12, 2022 10:11 AM EST

PORTLAND, Ore. (AP) — A research team led by Oregon State University is planning to develop a new rechargeable battery that could reduce the need for environmentally destructive mining of rare minerals like nickel and lithium and accelerate the clean energy transition. The U.S....

OSHA proposes fines against Caterpillar after worker death

Nov. 09, 2022 19:37 PM EST

MAPLETON, Ill. (AP) — The federal Occupational Safety and Health Administration on Wednesday proposed fines of $145,027 against Caterpillar Inc. for not installing a guardrail or travel restraint at a foundry outside Peoria where a worker fell into molten iron in June. Steven...

Macron urges France's big polluters to cut emissions by half

Nov. 08, 2022 13:06 PM EST

PARIS (AP) — French President Emmanuel Macron on Tuesday urged the country’s most climate-damaging industries to double their efforts to reduce greenhouse gas emissions within the next decade, one day after his call for action at the U.N. climate summit in Egypt. Macron convened...

S Korea miners lived on coffee, water while trapped in shaft

Nov. 06, 2022 01:50 AM EDT

SEOUL, South Korea (AP) — Two South Korean miners who were rescued after being trapped deep underground for nine days said they had lived on instant coffee powder and water falling from the ceiling of a blocked shaft. The two men, aged 62 and 56, were pulled out to safety on Friday...

In Minnesota, GOP eyes grab of rare Midwest Dem stronghold

Nov. 03, 2022 18:34 PM EDT

TONKA BAY, Minn. (AP) — As Andrew Myers knocked on doors in a neighborhood with stunning views across Lake Minnetonka, the Republican state House hopeful got an earful from residents worried about crime in their far west Minneapolis suburb: a woman's body had washed up on shore a few doors down...

Mississippi lawmakers approve incentives for aluminum plant

Nov. 02, 2022 18:15 PM EDT

JACKSON, Miss. (AP) — Mississippi lawmakers met in special session Wednesday and quickly approved nearly $247 million in state incentives for an aluminum plant that is supposed to bring 1,000 jobs to the northern part of the state by 2029. Many legislators voted on the incentives...

Hunt for deep sea minerals draws scrutiny amid green push

Nov. 02, 2022 11:02 AM EDT

SAN JUAN, Puerto Rico (AP) — High demand for metals ranging from copper to cobalt is pushing the mining industry to explore the world’s deepest oceans, a troubling development for scientists who warn that extracting minerals from critical ecosystems that help regulate climate could cause...