ESG Watch: Why climate change is leaving mining firms between a rock and a hard placeBy 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.Reuters | April 23, 2024 | 4:40 pm
LME takes aim at traders’ Russian metal games with new rulesNew measures designed to undercut the economic rationale for withdrawing…Bloomberg News | April 23, 2024 | 2:49 pm
Copper price at risk of pullback as buying in China stalls after rallyFabricators have struggled to pass on higher costs to their…Bloomberg News | April 23, 2024 | 8:55 am
First Quantum offers voluntary retirement to over 1,500 Panama mine staff The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers. Reuters | January 16, 2024 | 11:30 am
China cobalt buyers use global glut to challenge pricing A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand. Bloomberg News | January 16, 2024 | 9:29 am
As price parity beckons, substitution from palladium to platinum to wane The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity. Reuters | January 16, 2024 | 9:23 am
Australia sends biggest copper concentrate shipment to China since 2020 The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19. Reuters | January 16, 2024 | 8:13 am
Indonesia says ‘strong indication’ of safety procedure violation in nickel fire Fire at nickel smelter on Sulawesi island killed 21 workers. Reuters | January 16, 2024 | 8:08 am
Cochilco raises 2024 copper price projection to $3.85/lb Cochilco said it was raising the estimate due to "factors like the normalization of monetary policy in the United States." Reuters | January 15, 2024 | 9:10 am
Iron ore price drops as China central bank’s rate move defies expectation China's central bank left the medium-term policy rate unchanged on Monday. Reuters | January 15, 2024 | 7:07 am
BYD in talks with Brazil’s Sigma Lithium on supply deal BYD said in July it would invest 3 billion reais ($600 million) in a new industrial complex in northeastern Brazil. Reuters | January 14, 2024 | 12:09 pm
Norway just raised the stakes over deep sea mining The Jan. 9 determination makes Norway the first country to formally authorize seabed mining activities in its waters. Bloomberg News | January 12, 2024 | 1:15 pm