Intelligence Top Stories

LME triumphs in lawsuit over cancelled nickel trades

Hedge fund Elliott Associates and market maker Jane Street Global Trading brought the case after LME cancelled $12 billion in trades in 2022.

Reuters | November 29, 2023 | 7:43 am

India launches first part of critical minerals auction worth $5.4 billion

India will also announce the acquisition of lithium blocks in…

Reuters | November 29, 2023 | 7:38 am

Deep sea mining company sues Greenpeace amid standoff at sea

The Metals Company said the protest was costing it $1…

Bloomberg News | November 28, 2023 | 3:22 pm

Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

If the Cobre Panama mine was to be permanently shut,…

Reuters | November 28, 2023 | 10:15 am

Chile mining body says new lithium projects needed beyond SQM, Albemarle

The head of one of Chile's top mining associations on…

Reuters | November 28, 2023 | 10:06 am

Chile’s state miner seeks $1.5 billion from lithium partner

Enami has the rights to five lithium deposits in the Siete Salares area, with a collective net asset value estimated in $2.5 billion.

Cecilia Jamasmie | April 28, 2023 | 3:41 am

Peru wants to seize lithium ‘window of opportunity,’ says minister

The world's second largest copper producer, Peru has a lithium exploration project in the region of Puno, on the border with Bolivia.

Reuters | April 27, 2023 | 2:20 pm

Canadian Conservatives want Glencore takeover of Teck blocked

Thousands of jobs would be at risk, Conservative Leader Pierre Poilievre said in a statement.

Bloomberg News | April 27, 2023 | 1:22 pm

Turkey central bank draws down gold reserves to meet demand

The central bank’s gold reserves have been tumbling over the past seven weeks, according to official data.

Bloomberg News | April 27, 2023 | 9:57 am

Global zinc, lead demand to exceed supply in 2023 – ILZSG

Global demand for refined lead metal will exceed supply by 20,000 tonnes in 2023, the group said.

Reuters | April 27, 2023 | 8:34 am

China’s property pain deflates ‘overhyped’ iron ore market

Iron ore price dipped below $100 a tonne this week for the first time since early December.

Bloomberg News | April 27, 2023 | 8:15 am

Chile’s state lithium push emerges as test for Latam resource nationalism

Across the world, nationalizing oil industries in particular has proved attractive as a means of cashing in on valuable raw materials and boosting development.

Reuters | April 27, 2023 | 6:42 am

Glencore says takeover bid for Teck stands after spinoff fails

Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.

Cecilia Jamasmie | April 27, 2023 | 3:29 am

Glencore-led revolt kills Teck plan, keeping takeover goal alive

The Canadian miner withdrew a plan to split itself in half just hours before a high-stakes vote.

Bloomberg News | April 26, 2023 | 1:25 pm

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