29 July 2024
29 July 2024
Growth will be primarily supported by an expected increase in production from the Robinson mine as mining moves to a more copper-rich zone.
Net operating revenues for the second quarter (Q2) stood at $9.2bn (51.97bn reais), while adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was $3.99bn.
De Beers reported a 21% decline in total revenue from $2.8bn (£2.18bn) in the first half (H1) of 2023 to $2.2bn in H1 2024.
The move comes as the country looks to qualify for tax incentives under the US Inflation Reduction Act (IRA).
The decision is based on the regulatory requirements associated with uranium, a prescribed substance.
Glencore will purchase copper products from Nifty's two processing plants in Australia.
The acquisition includes 39 exploration licences covering 11 different project areas.
The joint venture (JV) will leverage Trident's existing cooperation development agreement with Vietnam's Hung Hai Group.
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GlobalData's latest report offers an overview of the global graphite mining industry including key demand-driving factors affecting the industry. The graphite production is estimated to be 1,677.4 thousand tonnes (kt) in 2024, backed by anticipated growth in supply from Madagascar, Tanzania, Mozambique, and Canada. Looking ahead, growth in production from Tanzania, Mozambique, and Canada will drive the graphite mining market to garner a CAGR of >10% from 2024 to 2030.
GlobalData's latest report offers an overview of the global graphite mining industry including key demand-driving factors affecting the industry. The graphite production is estimated to be 1,677.4 thousand tonnes (kt) in 2024, backed by anticipated growth in supply from Madagascar, Tanzania, Mozambique, and Canada. Looking ahead, growth in production from Tanzania, Mozambique, and Canada will drive the graphite mining market to garner a CAGR of >10% from 2024 to 2030.
GlobalData's latest report offers an overview of the global graphite mining industry including key demand-driving factors affecting the industry. The graphite production is estimated to be 1,677.4 thousand tonnes (kt) in 2024, backed by anticipated growth in supply from Madagascar, Tanzania, Mozambique, and Canada. Looking ahead, growth in production from Tanzania, Mozambique, and Canada will drive the graphite mining market to garner a CAGR of >10% from 2024 to 2030.
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