Ex-Glencore CEO contender sets out to build a Chinese trading giant After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group. Bloomberg News | October 12, 2023 | 10:00 am
Lithium heavyweight Chile woos Japan to develop local industry Chile says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to lithium. Bloomberg News | October 12, 2023 | 6:57 am
Brink’s sues Air Canada after $17 million heist of gold and cash The carrier failed to ensure the shipment marked “valuable cargo” had adequate security and protection, Brink’s alleges. Bloomberg News | October 11, 2023 | 11:18 am
Gold price slump may boost demand from India’s festive shoppers Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market. Bloomberg News | October 11, 2023 | 10:42 am
Stellantis, Rio Tinto raise bets on Argentina copper mining The fresh funds may give McEwen Copper more breathing space before going public. Bloomberg News | October 11, 2023 | 10:14 am
Australian court backs coal mine expansions in key climate case Australia has seen a slew of legal challenges against projects over their forecast impact on global warming. Bloomberg News | October 11, 2023 | 9:00 am
World’s top miners need more ambition to meet climate targets The Institute for Energy Economics and Financial Analysis examined five miners with goals to become carbon neutral by 2050 — and found varying degrees of purpose in meeting that target. Bloomberg News | October 11, 2023 | 8:05 am
Codelco said to near buyout of Australia’s Lithium Power Codelco is nearing a deal to acquire Lithium Power International. Bloomberg News | October 11, 2023 | 7:57 am
Billionaire Paolo Rocca has a plan B if Alpha Lithium bid fails Tecpetrol SA is giving shareholders in Alpha Lithium until Oct. 20 to accept a “best and final offer” that’s worth $210 million to $230 million. Bloomberg News | October 10, 2023 | 1:51 pm
Teck to balance valuation with ‘execution risk’ in coal sale Teck is weighing multiple potential deals for its steelmaking coal unit, as the company seeks to rebrand as a standalone metals producer. Bloomberg News | October 10, 2023 | 11:19 am
Citi’s mega metals trade shows global markets turning to glut In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million. Bloomberg News | October 10, 2023 | 10:24 am
Freeport seeks to extend permit for exporting Indonesian copper Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May. Bloomberg News | October 10, 2023 | 10:12 am
