Finance & business

Compass Minerals has announced the signing of an MOU to supply LG Energy Solution with a battery-grade lithium product from its lithium brine development project in Utah.

Metso Outotec has been awarded a contract for the delivery of sustainable crushing, screening, and grinding technologies to a greenfield iron ore project in South America.

Guanajuato Silver (GSilver) has signed a binding definitive agreement with Great Panther Mining to acquire all of Great Panther’s Mexican assets.

Hitachi Construction Machinery and Immersive Technologies have extended their exclusive partnership agreement, enabling them to collaborate in the development of simulator equipment.

ioneer Ltd has commenced trading on the NASDAQ under an American depositary receipt listing.

Nimba Development Company has commenced a preliminary, technical information exchange with the Government of Guinea as part of its development of the Nimba iron ore mine.

Cyprium Metals has entered into an exclusive Letter of Intent with Glencore International AG in respect of a Copper Cathode Offtake Secured Prepayment Facility.

Venus Metals’ subsidiary has entered a binding transaction with a subsidiary of IGO Ltd regarding exploration and development at its Bridgetown Greenbushes Exploration Project.

Circulor has raised US$25 million in Series B funding, signalling growing market demand for more transparent and secure industrial supply chains.

HG Ventures has announced its participation in a US$25 million Series B raise for Circulor.

Highfield Resources Ltd has announced that the Townhall of Undués de Lerda in Aragón has issued the licence for the construction of the mine gate and the two underground declines.

Evolution Mining Ltd has selected MLG Oz Ltd as its preferred service provider to service its Mungari operation, located in the Goldfields region of Western Australia.

Snow Lake Resources Ltd has signed a memorandum of understanding with Epiroc Canada Inc. for Epiroc to assist with the design of the world's first fully electric lithium mine at the Snow Lake Lithium project, Canada.

Castillo Copper Ltd has granted Hyperion a 12-month option to acquire 100%-owned subsidiary, Zed Copper, which owns four projects in Zambia’s copper-belt, for total consideration of £3.75 million.

According to PwC’s annual review of the Top 40 mining companies, future success will depend on mining companies taking a leading role in the world’s clean energy transition.