Latest Base metals industry News

Ukraine’s Mariupol defenders, Putin ally in prisoner swap

Sep. 22, 2022 16:57 PM EDT

KYIV, Ukraine (AP) — Ukraine announced a high-profile prisoner swap early Thursday that was the culmination of months of efforts to free many of the Ukrainian fighters who defended a steel plant in Mariupol during a long Russian siege. In exchange, Ukraine gave up a prominent ally of Russian...

Steel plant defenders, Putin ally exchanged in prisoner swap

Sep. 21, 2022 20:57 PM EDT

KYIV, Ukraine (AP) — Ukraine announced a high-profile prisoner swap early Thursday that culminated months of efforts to free many of the Ukrainian fighters who defended a steel plant in Mariupol during a long Russian siege. In exchange, Ukraine gave up an ally of Russian President Vladimir Putin....

Tribes seek more details on water use at Arizona copper mine

Sep. 21, 2022 15:45 PM EDT

FLAGSTAFF, Ariz. (AP) — An environmental review for a proposed copper mine in eastern Arizona did not adequately analyze the potential impacts of climate change and the strain that drought and demand have put on water resources in the region, a U.S. Bureau of Land Management report has found. ...

Australian miner Fortescue reveals $6.2 billion carbon plan

Sep. 20, 2022 00:54 AM EDT

CANBERRA, Australia (AP) — Australian iron ore miner Fortescue Metals Group announced on Tuesday a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save $818...

Steelworker dies after industrial accident at Indiana mill

Sep. 19, 2022 11:26 AM EDT

EAST CHICAGO, Ind. (AP) — A steelworker who was injured last week in an industrial accident at a northwest Indiana steel mill has died at a Chicago hospital, officials said. Michael Osika, 44, of Schererville died Saturday after being injured Thursday at the Cleveland-Cliffs...

14 people die in iron mine flood in China, 1 missing

Sep. 17, 2022 22:06 PM EDT

BEIJING (AP) — Chinese authorities said Saturday that 14 people had died and one remained missing after a flood at an iron mine earlier this month. The search and rescue operation has ended and an investigation into the cause of the Sept. 2 flood is underway, the Tangshan city...

GM plans $491M Indiana plant upgrade to help support EVs

Sep. 15, 2022 12:49 PM EDT

DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles. The automaker said it would install two new press...

Former Arizona mine inspector Joe Hart dead at 78

Sep. 12, 2022 19:58 PM EDT

PHOENIX (AP) — Joe Hart, a businessman and former state lawmaker who served as Arizona's elected mine inspector for 15 years before resigning last year, has died, Gov. Doug Ducey' office announced Monday. Hart was 78 and died on Sunday, according to Ducey's office. The cause of...

Electric-motor watercrafts maker to open plant in WVa

Sep. 01, 2022 04:01 AM EDT

WHITE SULPHUR SPRINGS, W.Va. (AP) — Pure Watercraft will manufacture electric-motor pontoon boats in West Virginia, Gov. Jim Justice announced. The Seattle-based company will invest at least $5 million in a former steel plant in the Northern Panhandle community of Beech Bottom and...

Israeli tycoon appeals corruption conviction in Swiss court

Aug. 29, 2022 11:44 AM EDT

GENEVA (AP) — Lawyers for Israeli diamond magnate Beny Steinmetz urged a Swiss appeals court on Monday to throw out testimony from a former first lady of Guinea that contributed to his conviction for corruption. The case involves an alleged plot, dating to the mid-2000s, in which...