Base Metals Top Stories

US probe darkens Glencore horizons from Africa to Americas

Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.

Bloomberg News | July 4, 2018 | 7:30 am

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold…

Cecilia Jamasmie | July 4, 2018 | 3:44 am

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Billionaire Anil Agarwal faces investor resistance to his $1 billion…

Reuters | July 3, 2018 | 12:18 pm

LME to get tougher on cobalt companies with ties to the DRC

Starting next year, it will demand firms that get at…

Cecilia Jamasmie | July 3, 2018 | 6:00 am

Glencore hammered as US requests documents in corruption probe

Shares fell as much as 13% after the miner and…

Cecilia Jamasmie | July 3, 2018 | 3:41 am

Horizonte Minerals stock plummets over nickel project’s funding uncertainty

The company has only sufficient working capital to around mid-December 2023.

Staff Writer | November 14, 2023 | 9:48 am

China’s booming copper output leaves less space for Codelco

Codelco is shipping less of the metal to China after a burst of new domestic capacity in the Asian nation.

Bloomberg News | November 14, 2023 | 8:40 am

Pakistan drawing Saudi interest in mine stakes, adviser says

Saudi Arabia has shown interest in acquiring government stakes in Pakistan's Reko Diq mine.

Reuters | November 14, 2023 | 7:51 am

Indonesia, Freeport to finalize investment, mining permit by month-end

Indonesia and Freeport discussed a 10% increase in the country's ownership in copper miner Freeport Indonesia.

Reuters | November 14, 2023 | 7:37 am

New scientific insights pave the way to longer-lasting batteries

Lithium metal deposits on battery electrodes are not the cause of performance loss, but rather a side effect.

Staff Writer | November 14, 2023 | 6:56 am

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.

Colin McClelland | November 14, 2023 | 4:33 am

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.

Cecilia Jamasmie | November 14, 2023 | 4:03 am

Mineral Resources boosts stake in lithium miner Azure Minerals

Both MinRes and Hancock Prospecting have upped their stakes in Azure to block a takeover of the Aussie junior by Chile's SQM.

Cecilia Jamasmie | November 14, 2023 | 3:42 am

China tightens grip on copper, key to world’s energy transition

China is in the midst of a breakneck expansion of its copper industry that’s reshaping global flows of the essential metal for the world’s energy transition.

Bloomberg News | November 13, 2023 | 1:12 pm

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