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CHONGQING, CHINA – JULY 26: Rare earth elements including Scandium (Sc), Yttrium (Y), Neodymium (Nd), Lanthanum (La), and others. (Photo illustration by Cheng Xin/Getty Images)

West could diversify rare earths within five years

Western nations could achieve substantial rare earths diversification away from China in three to five years, according to France's strategic minerals envoy.

Euro, Hong Kong dollar, US dollar, Japanese yen, pound and Chinese yuan banknotes. Picture: REUTERS/JASON LEE

Rio Tinto proposes 56% pay rise for CEO

Rio Tinto has proposed raising CEO Simon Trott's target pay package by 56% to £9.8m as global miners face fierce competition for top executive talent.

Photographer: Matt Jelonek/Bloomberg via Getty Images

Rio Tinto commits $1.9bn to Queensland bauxite project

Rio Tinto is investing $1.9bn in Queensland's new Kangwinan bauxite project to replace depleting production and boost capacity at its Weipa hub.

Lithium concentrate

Kodal eyes wider West African lithium footprint

Kodal Minerals is set to broaden its West African lithium portfolio beyond Mali's Bougouni mine, securing an exploration deal in Ghana amid a rebound in critical mineral demand.

People walk past the headquarters of the World Bank in Washington, D.C. Photographer: T.J. Kirkpatrick/Bloomberg via Getty Images

World Bank eyes $19bn critical minerals drive

The World Bank plans to boost its critical minerals financing fivefold to $19 billion over the next five years, targeting partnerships across 20 countries to support mining and…

Ghana retreats on mining lease cap after backlash

Ghana is set to replace its draft mining bill with an amended version that restores a maximum 20-year lease term following constructive talks with the mining sector.

Copper pour

Congo Copperbelt eyes $1bn power saving

A planned $300m cross-border transmission line between Zambia and the DRC could save Copperbelt miners around $1bn annually by replacing expensive diesel power with imported…