Congo annuls first gold refinery permit days before inauguration The plant, built by Congo Gold Raffinerie Sarl in the eastern city of Bukavu, has been in the works since 2019. Bloomberg News | July 26, 2023 | 11:35 am
US says it must work with Latin America more on key minerals The Biden administration has begun a push to diversify the US’ sources of important goods and materials and to reduce dependency on China. Bloomberg News | July 26, 2023 | 11:28 am
Pentagon seeks supply of chip mineral gallium after China curbs exports The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium. Bloomberg News | July 26, 2023 | 10:37 am
First Quantum starts output at Africa’s biggest nickel mine The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years. Bloomberg News | July 26, 2023 | 9:43 am
JPMorgan sees gold price charging to records in 2024 as Fed cuts rates Gold has rallied around 15% over the past 12 months. Bloomberg News | July 26, 2023 | 5:46 am
Pilbara Minerals hunts for deals after record lithium output “There is opportunity for consolidation” in the sector, which is dominated by small and mid-sized producers, its managing director said. Bloomberg News | July 25, 2023 | 3:44 pm
The hottest trade in equity options is spreading to commodities Trading in commodity contracts that expire weekly jumped an average of 30% annually over the past three years, according to data from CME. Bloomberg News | July 25, 2023 | 10:02 am
CATL’s profit soars 63% amid EV sales boom Record quarterly sales for top customer Tesla helped propel the Fujian-based company’s profit growth. Bloomberg News | July 25, 2023 | 8:24 am
The little known metals giant that rules a global market When China’s Vital Materials bought up a $600 million stockpile of critical minerals in early 2020, it barely raised an eyebrow outside the niche world of minor metals. Bloomberg News | July 25, 2023 | 8:13 am
Indonesia nickel heartland wants to be greener link in EV chain Among plans to lower the carbon footprint in the complex is the construction of solar panels of as much as 500 megawatts. Bloomberg News | July 24, 2023 | 9:42 am
Chevron considers lithium production in latest EV bet by big oil Earlier in July, Exxon Mobil Corp. CEO said the company is also exploring opportunities to produce lithium. Bloomberg News | July 24, 2023 | 8:43 am
116 mines shut, people evacuated due to flooding in northeast China Rainfall is expected to continue over the next two days. Bloomberg News | July 24, 2023 | 8:32 am
