Swiss-based ARCORE finds rich lithium deposit in Bosnia The company said it has a strategic partnership with Canadian-German company Rock Tech Lithium. Reuters | November 17, 2023 | 9:15 am
Trafigura and Korea Zinc agree to build nickel refinery in South Korea The amount of nickel to be supplied by Trafigura will range from about 20,000-40,000 metric tons per annum. Reuters | November 17, 2023 | 8:57 am
Freeport CEO ‘encouraged’ by signs of US-China thaw "We have to wait and see whether it's a watershed moment or not," Richard Adkerson said. Reuters | November 17, 2023 | 8:12 am
CMOC sees electricity as constraint on Congo expansion To improve the power supply, CMOC has been looking to tap hydropower projects and other new energy sources. Reuters | November 17, 2023 | 8:08 am
EU proposes to ban Russian diamonds from start of 2024 The proposal is part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine. Reuters | November 17, 2023 | 8:02 am
First Quantum, union reach deals on salaries as protests block mine access Protests have raged for weeks against First Quantum's contract for a $10 billion copper mine. Reuters | November 16, 2023 | 4:15 pm
Citi delivers around $155 million worth of zinc for rent deal The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August. Reuters | November 16, 2023 | 11:03 am
Split views in copper concentrate balance forecast drag on TC/RCs negotiations Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week. Reuters | November 16, 2023 | 9:32 am
Top companies’ lobbying undermines their climate pledges, study finds A study of 293 companies found that nearly 60% of those are at risk of "net zero greenwash" due to their lobbying. Reuters | November 16, 2023 | 9:25 am
Australia’s Mineral Resources set for significant lithium growth – exec The Australian mining services provider has transformed itself into the world's second largest producer of lithium raw material spodumene this year. Reuters | November 16, 2023 | 9:11 am
Sumitomo Metal looks to boost battery materials output, possibly in US The company is considering producing cathode battery materials in the United States among other options. Reuters | November 16, 2023 | 8:36 am
Death toll in China coal firm office rises to 26; at least 38 injured President Xi Jinping urged the authorities to ensure more safety measures are put in place to avoid such incidents. Reuters | November 16, 2023 | 7:01 am