Bitcoin rebounds above $123,000 as miners rally

October 09, 2025 An Ruwaito ta hanyar AI

Bitcoin climbed back above $123,000 on Wednesday after a sharp drop the previous day, with crypto miners leading gains amid AI optimism. Analysts suggest bitcoin could reach $644,000 if it captures part of gold's market amid the ongoing gold rally. Federal Reserve minutes indicated potential interest rate cuts later this year.

Tesla Grants Reprieve to Syrah in Graphite Supply Deal

Australian mining company Syrah Resources has secured a temporary reprieve from Tesla in their graphite supply agreement, allowing the firm to avoid penalties amid production challenges. The adjustment comes as electric vehicle manufacturers grapple with supply chain disruptions in critical battery materials. This development highlights ongoing tensions in the global shift toward sustainable energy sources.

Anglo American and Teck Announce Merger

Anglo American and Teck Resources have agreed to a $50 billion merger in the copper sector. The deal aims to create a major player in global mining.

Chinese Firm Accused of Zambia Mining Spill Cover-Up

September 09, 2025 An Ruwaito ta hanyar AI

A Chinese mining company has been accused of concealing the full extent of a major toxic spill in Zambia during the week of September 1-5, 2025. The incident involved the release of harmful substances into local water sources, prompting environmental concerns. Investigations are ongoing to assess the damage and hold parties accountable.