Canada’s Teck Resources profit rises on higher sales volumes

Fitch’s forecast reflects continued weaker demand over 2023 and slight improvements in supply as mining and smelting operations are normalised across the market.

Speira Gmbh will shut its Rheinwork plant in Germany this year due to challenges in the energy market.

The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online.

BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future.

The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry.

With workers opting for jobs that are less physically demanding jobs and not in far-flung locales, attracting mining talent is now a key problem for the industry.

At least four major smelters are planning to deliver between 23,000 and 45,000 tons of refined copper in total to LME depots in Asia.

The new contract guarantees a minimum annual income of $375 million to the Central American government.

Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy.