A Chinese state-controlled mining company mothballed a cobalt processing plant in the Democratic Republic of Congo only 15 months after opening it due to a historic slump in the price of the ...

MMG Lsaid it suspended operations at its new facility at the Kinsevere mine in December 2024 due to “unfavorable cobalt market conditions.” The government of Congo – which dominates ...

ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m. The buyer is MMG Singapore Resources, a division ...

Anglo American Plc said it’s agreed to sell its nickel business in Brazil to MMG Ltd. for as much as $500 million. The deal is part of a wider restructuring used to fend off an unsolicited $49 ...