Chile’s copper miners will need more energy, water to keep up production, Cochilco saysMiners will increasingly get their energy from renewable sources, which are set to make up nearly 80% of the energy supply by 2026.Reuters | June 27, 2024 | 9:16 am
Uzbek copper producer will spend $15 billion to more than double outputAGMK's plans include boosting both mining and ore processing facilities…Reuters | June 27, 2024 | 7:57 am
London Metal Exchange mulls adding warehouse in Hong KongThe LME is exploring whether to license a warehouse in…Bloomberg News | June 27, 2024 | 7:40 am
Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook. Reuters | May 10, 2024 | 7:36 am
Chile copper output edges down in March, dragged by Codelco Output at Codelco slid 10.1% to total 107,300 metric tons in March. Reuters | May 10, 2024 | 7:32 am
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022. Reuters | May 10, 2024 | 7:29 am
Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American. Cecilia Jamasmie | May 10, 2024 | 6:45 am
Mexico eliminates aluminum import tariffs to combat shortage The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February. Bloomberg News | May 9, 2024 | 4:16 pm
Anglo American’s South Africa investors open to improved BHP bid The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer. Reuters | May 9, 2024 | 2:32 pm
BHP-Anglo American deal raises alarm in Japan’s steel industry Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal. Reuters | May 9, 2024 | 7:54 am
Botswana vows to protect interests in potential BHP-Anglo deal Botswana has not been formally approached by either BHP or Anglo. Bloomberg News | May 9, 2024 | 7:10 am
India considers incentives for lithium processing India is considering offering incentives to encourage private companies to set up lithium processing facilities. Reuters | May 9, 2024 | 6:54 am