Base Metals Top Stories

Australian battery materials plant eyes financing deal by end-June

Australian Mines aims to produce 53,300 tonnes of nickel sulphate and 8,500 of cobalt sulphate a year, making it a sizeable producer of the materials used in lithium batteries for electric vehicles.

Reuters | May 3, 2019 | 10:27 am

Miners in Congo face subcontracting limits under new rules

The new mining code that Congo passed last year confirmed…

Bloomberg News | May 3, 2019 | 9:56 am

Base metals give ground as manufacturing clouds darken

London Metal Exchange (LME) copper slumped 3% on Wednesday and…

Reuters | May 3, 2019 | 9:44 am

Rio Tinto speeds up exploration at Winu copper find in Western Australia

Rio has so far drilled 24 holes at the site…

Cecilia Jamasmie | May 3, 2019 | 9:15 am

Tesla warns of coming battery minerals shortage

The electric vehicles pioneer is worried about the effects of…

Cecilia Jamasmie | May 3, 2019 | 6:00 am

Aris Mining gains controlling stake in Soto Norte project

Aris is starting a pre-feasibility study for the new development plan, which it expects to complete by early 2025.

Staff Writer | May 23, 2024 | 11:02 am

US Congress to fund $2m Pentagon study on deep sea mining

The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal.

Staff Writer | May 23, 2024 | 9:56 am

Column: Copper squeezed in the United States but China has plenty

Weak spot demand, robust imports and rising domestic output have combined to keep China's exchange inventories high.

Reuters | May 23, 2024 | 8:47 am

Copper price steadies after biggest decline in almost two years

The metal surged to an all-time high above $11,000 a ton on Monday, followed by a slump of 4.1% on Wednesday.

Bloomberg News | May 23, 2024 | 8:39 am

Rio Tinto faces lawsuit over Panguna copper mine in Bougainville

Villagers are seeking compensation for loss and damage that could reach billions of dollars.

Bloomberg News | May 23, 2024 | 8:31 am

Troubled Peru copper mine starts expansion work in supply boost

Las Bambas has for years operated well below its annual capacity of 400,000 tons due to a torrent of community protests.

Bloomberg News | May 23, 2024 | 8:26 am

China plans biggest ever cobalt purchases for state reserves

The metal has slumped to five-year lows amid booming production in the DRC and Indonesia.

Bloomberg News | May 23, 2024 | 7:57 am

Nornickel board proposes no dividend for 2023 results

Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023.

Reuters | May 23, 2024 | 7:05 am

LME approves listing of first Indonesian nickel brand

Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME.

Reuters | May 23, 2024 | 6:58 am

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