G20 watchdog says commodity market concentration poses threat to wider economy

The FSB said vulnerabilities in commodities are similar to those in non-bank financial intermediaries.

Reuters | February 21, 2023 | 7:31 am

Teck Resources to become Teck Metals as it spins off coal unit

Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd.

Cecilia Jamasmie | February 21, 2023 | 3:38 am

Allkem cuts Mt Cattlin annual production view on lower-grade ore

Lithium miner said it now expected fiscal 2023 spodumene concentrate production from Mt Cattlin in the range of 114,000 tonnes to 124,000 tonnes.

Reuters | February 20, 2023 | 4:23 pm

Magnis in deal with Tesla to supply graphite for electric vehicle batteries

Agreement is for a minimum three-year term to supply up to 35,000 terapascal anode active materials beginning February 2025.

Reuters | February 20, 2023 | 2:36 pm

Trafigura names new battery metals heads in wake of nickel fraud

The commodities giant was the victim of a “systematic fraud” that could cost it more than half a billion dollars.

Bloomberg News | February 20, 2023 | 1:37 pm

Ecobat to build new battery recycling facility in Arizona

The new facility, located in Casa Grande, will initially produce 10,000 estimated tonnes of recycled material per year.

Staff Writer | February 20, 2023 | 9:38 am

Finland tightens mining law as demand for minerals surges

Finland is emerging as a key mining and processing hub for battery metals with more than €6 billion in investments already planned.

Bloomberg News | February 20, 2023 | 7:49 am

Deep-sea mining would impact ecosystems beyond those in targeted areas – report

Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away.

Staff Writer | February 20, 2023 | 5:05 am

Mexico President orders ministry to step up lithium nationalization

Studies suggest Mexico may have some 1.7 million tonnes of lithium.

Reuters | February 19, 2023 | 9:17 am

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Navigating mining challenges on the road to America’s EV future

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Column: LME nickel lawsuits are about principle as much as money

Vale moves closer to developing nickel sulfate operation in Canada

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