Aluminum group calls for EU to go much further on Russian bans In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion. Reuters | December 8, 2023 | 6:19 am
New Abaxx exchange to launch nickel sulphate futures in Q1 2024 A new Singapore-based commodities exchange plans to launch trading in the next few months. Reuters | December 8, 2023 | 6:09 am
Sprott, HanETF launch copper miners ETF focused on lower carbon footprint The fund relies on a model that helps evaluate the amount of carbon dioxide produced in a miner's supply chain for every pound of copper it produces. Reuters | December 7, 2023 | 10:05 am
Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs. Reuters | December 7, 2023 | 8:43 am
CATL hits back at Duke Energy disconnecting batteries Utility firm said it had disconnected large-scale batteries made by thr Chinese company over security concerns. Reuters | December 7, 2023 | 7:20 am
China November copper imports rise to highest in almost two years The Yangshan copper premium, an indicator of import demand, rose to a one-year high. Reuters | December 7, 2023 | 6:55 am
US IRA is ‘cream on top’ as Arcadium eyes lithium growth US subsidies will support the growth of the top 3 lithium producer if the Livent and Allkem merger creating the new company goes ahead. Reuters | December 7, 2023 | 6:49 am
Allkem sees low lithium prices extending over near term Lithium prices overshot last year driven by China but this year fresh supply, including from Africa, has led to a collapse in prices. Reuters | December 6, 2023 | 6:11 pm
BHP reshuffles executives, Vandita Pant to take CFO role Current CFO David Lamont will remain with BHP until February 2025. Reuters | December 6, 2023 | 2:41 pm
Lynas attains first feed for Kalgoorlie project The mixed rare earth carbonate from the facility will be introduced to the Lynas Malaysia plant commencing late in the March quarter. Reuters | December 6, 2023 | 1:32 pm
Brazil says talks on compensations over Vale-BHP dam burst are halted There is still no date for the negotiations to resume as the companies have refused to submit a new proposal. Reuters | December 6, 2023 | 12:38 pm
State auditors recommend Freeport Indonesia be fined for smelter delays In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years. Reuters | December 6, 2023 | 9:35 am