23 May 2025
23 May 2025
Europe’s lack of strong strategic material value chains constitutes a major defence vulnerability amid an increasingly heated geopolitical climate.
The development will increase annual bauxite production capacity by up to 20mt.
The recent surge in gold exports has been largely attributed to the contributions of small-mine and artisanal production.
The transaction is due to be implemented in September 2025, subject to the conditions of the scheme being satisfied.
Under the proposed terms, Rio Tinto will acquire a 51% stake in the project, with ENAMI retaining the remaining 49%.
Zimbabwe has rapidly become a key supplier of lithium concentrate to Chinese refineries.
The contract spans five years from 1 February 2025 and encompasses underground development, production and related mining services.
The permit paves the way for water management and discharge during the construction phase of the Marathon Project.
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