CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

Frik Els | July 21, 2023 | 2:35 pm

China’s path-setting lithium futures tumble on trading debut

Shares in Tianqi Lithium, YongXing Special Materials Technology, and Ganfeng Lithium slid to the lowest in at least a year.

Bloomberg News | July 21, 2023 | 8:37 am

Nickel set to flood the LME, turning metal squeeze into glut

New supply from China and Indonesia is about to hit the market, according to Macquarie Group.

Bloomberg News | July 21, 2023 | 8:25 am

Dead EV batteries turn to gold with US incentives

A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America.

Reuters | July 21, 2023 | 7:42 am

Glencore expects 2023 trading unit profits of up to $4 billion

The group left its overall 2023 guidance for copper unchanged at 1.04 million metric tons, even as production fell by 10%.

Reuters | July 21, 2023 | 7:33 am

Australia blocks acquisition of lithium mine by China-linked firm

Country issued a prohibition order stopping Austroid Corporation from acquiring an additional 90% of lithium miner Alita Resources.

Reuters | July 21, 2023 | 7:32 am

Western Australia’s mining sector was key for post-covid-19 economic recovery – report

International trade and a thriving mining and resources sector were crucial for the recovery of Western Australia’s economy following the covid-19 pandemic.

Staff Writer | July 21, 2023 | 6:06 am