Rio Tinto subsidiary Oyu Tolgoi is conducting an internal investigation into allegations of corruption and unethical conduct at its copper operations in Mongolia https://t.co/vmkSPpOkFq ...

Core Viewpoint - Rio Tinto and China's State Power Investment Corporation (SPIC) Qiyuan have initiated a trial of battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia, marking a significant advancement in reducing emissions from mining operations [1] Group 1 - The trial represents Rio Tinto's first implementation of battery swap electric haul trucks in surface mining operations [1] - This initiative is aimed at developing cost-effective technology and operational insights necessary for minimizing emissions from mining haulage fleets, which are among the largest contributors to emissions in the industry [1]

A key site for rare earths, Kiruna, in Sweden, is now the scene of an unparalleled relocation—with the entire city center set to be demolished and rebuilt miles away https://t.co/mqGoXFqKt4 ...

Core Viewpoint - Freeport-McMoRan has revised its full-year and 2026 sales expectations due to a significant incident at its Grasberg Block Cave mine in Indonesia, leading to a 22% drop in stock price over two days in late September before a partial recovery [1] Group 1: Incident Details - A fatal incident occurred on September 8 at the Grasberg Block Cave, resulting in a sudden rush of 800,000 tons of wet material entering the mine, affecting multiple levels [2] - The incident resulted in the death of seven workers and is critical as the GBC mine is a key part of Freeport's operations, with Indonesia being the lowest cost region for production and delivery [3] Group 2: Impact on Production and Revenue - The reduction in output from GBC will significantly impact the company's revenue, as Indonesia was expected to provide 39% of Freeport's total mining production in 2025 [4] - The GBC ore body represents 50% of PT Freeport Indonesia's estimated proven and probable reserves and approximately 70% of its previously forecast copper and gold production through 2029 [5] Group 3: Production Estimates and Future Outlook - The incident damaged infrastructure necessary for production in other blocks, with management planning to restart operations in two unaffected mines in Q4 2025, followed by a phased restart of three GBC production blocks [6] - There is a projected 4% reduction in third-quarter copper sales compared to previous estimates, with PTFI's production in 2026 potentially being approximately 35% lower than pre-incident estimates [8]

Core Insights - The United States is initiating a "mineral revolt" to reduce its reliance on China for critical minerals essential for various industries and national defense [1][2] - The dependency on China for nearly 100% of 20 key minerals has reached a critical point, prompting urgent action to prevent an economic crisis [2] Government Actions - President Trump is taking significant steps to unlock federal lands estimated to contain $150 trillion in natural resources, including minerals [3] - An Executive Order has been issued to facilitate mining operations for minerals located under the sea, which are valued in trillions of dollars [3] Regulatory Changes - The overturning of the Chevron Doctrine by Trump's Supreme Court is seen as a pivotal moment, allowing for the development of mineral resources without bureaucratic hindrances [4] - The government is now encouraging private investment to exploit the nation's mineral wealth, which has been largely untapped for generations [4][5] Economic Potential - The initiative is described as a $150 trillion opportunity, which could significantly impact the national economy, including paying off the national debt multiple times [5] - This effort is positioned as a chance for average Americans to gain wealth and for lesser-known companies to emerge as major players in the industry [5] Strategic Importance - The mineral revolt is framed as a necessary move to regain control over domestic resources and reduce dependence on foreign nations, particularly China [6] - The U.S. is aware of the locations and value of these minerals, and for the first time in decades, there is a clear path to access them [6]

Core Insights - Vedanta Resources Ltd has successfully raised 500 million dollars through bond issuance to repay near-term obligations and enhance its capital structure [1][2] Financial Position - The company has reduced its total gross debt from 9.1 billion dollars in fiscal 2022 to 4.8 billion dollars as of June 2025, indicating a significant reduction of over 4 billion dollars [6] - The average maturity of the debt portfolio is now over four years, and the weighted average interest cost has been reduced to single digits [1][6] - Vedanta has a long-term loan facility with undrawn balances of 682 million dollars, ensuring robust liquidity [3] Operational Performance - Core businesses, including zinc, oil and gas, aluminium, and power, continue to deliver strong EBITDA and cash flows [3] - Commodity prices have remained resilient, supporting the company's profitability despite global trade disruptions [4] Strategic Initiatives - The ongoing demerger of Vedanta Limited into five independent sector-specific entities aims to unlock value, enhance transparency, and enable sharper capital allocation [4] - The company is committed to financial discipline, focusing on honoring all debt obligations and sustaining its deleveraging trajectory through internal accruals and strategic refinancing [5] Liquidity and Capital Structure - Vedanta maintains robust liquidity supported by dividend inflows from operating subsidiaries and healthy free cash generation [2][3] - The company has diversified its credit profile through a mix of bonds and bank loans, adding new banks to its capital structure [7]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Equity investors are concerned about the market rally's lack of breadth, indicating that a small number of companies are driving the market's performance [1] Group 1: Investment Strategies - The individual investor and writer, Vasily Zyryanov, focuses on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations [1] - Zyryanov emphasizes the importance of analyzing Free Cash Flow and Return on Capital in addition to profit and sales to gain deeper insights into investments [1] - While favoring underappreciated equities, Zyryanov acknowledges that some growth stocks may warrant their premium valuations, highlighting the need for thorough analysis to determine market correctness [1] Group 2: Sector Focus - Zyryanov pays particular attention to the energy sector, including oil & gas supermajors, mid-cap, and small-cap exploration & production companies, as well as oilfield services firms [1] - His research also encompasses various other industries, such as mining, chemicals, and luxury goods [1]

Core Viewpoint - Electric Metals (USA) Limited has successfully closed a non-brokered private placement, raising approximately C$4 million to support its North Star Manganese Project in Minnesota, which is crucial for the U.S. domestic supply of high-purity manganese products for the electric vehicle battery and energy sector [1] Financing Details - The financing was led by Eric Sprott and Crescat Capital [1] - The gross proceeds from the private placement amount to around C$4 million [1] Project Implications - The funds will be utilized to advance the North Star Manganese Project [1] - The project aims to support the supply of high-purity manganese sulfate monohydrate (HPMSM) for the U.S. electric vehicle battery and energy sector [1]

NOTÂ FORÂ DISTRIBUTIONÂ TOÂ UNITEDÂ STATESÂ NEWSWIREÂ SERVICESÂ ORÂ DISSEMINATIONÂ INÂ THEÂ UNITED STATES VANCOUVER, BC / ACCESS Newswire / October 24, 2025 / Totec Resources Ltd. ("Totec" or the "Company") (TSXV:TOTC.P), a capital pool company, and Usha Resources Ltd. ...