Australia lists nickel as ‘critical mineral’ to unlock billions in support The move opens the way for the crisis-hit industry to access billions of dollars in cheap government loans. Reuters | February 16, 2024 | 7:52 am
Exxon aims to make key lithium technology decision by year-end The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas. Reuters | February 15, 2024 | 2:07 pm
Vale to follow BHP on new provisions over dam failure, analysts say Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year. Reuters | February 15, 2024 | 12:35 pm
Mexican mining sector balks at plan to ban open-pit mines The industry says such a move would be disastrous for the sector, which fuels 2.5% of gross domestic product. Reuters | February 15, 2024 | 10:24 am
France offers loan to New Caledonia nickel firm Prony to avert collapse Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability. Reuters | February 15, 2024 | 9:50 am
Vedanta’s parent sells $209 million stake Saddled with $6.4 billion in outstanding debt, Vedanta has been attempting to shore up its finances. Reuters | February 15, 2024 | 7:14 am
Whitehaven Coal tumbles as profit drops, dividend misses consensus Australia's biggest independent coal miner has posted an after-tax net profit of A$257.6 million for the half year. Reuters | February 14, 2024 | 2:45 pm
BHP flags $5.7 billion impairments on Samarco dam failure, nickel operations Last month, a Brazil judge ruled that BHP, Vale and their joint venture Samarco must pay up to 47.6 $9.67 billion in damages. Reuters | February 14, 2024 | 2:23 pm
Despite weak lithium prices, Albemarle beats on cost cuts The company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share. Reuters | February 14, 2024 | 1:18 pm
Column: LME back in the dock, this time over ‘dirty metals’ The metal in question is copper produced at the giant Grasberg mine in Indonesia. Reuters | February 14, 2024 | 10:19 am
Palladium price heads for biggest one-day gain in two months on short covering Last week, palladium had fallen below platinum for the first time since 2018. Reuters | February 14, 2024 | 9:48 am
Lithium players to gather in Arkansas as low prices pressure industry Exxon Mobil and Albemarle are amongst those gathering in Little Rock this week. Reuters | February 14, 2024 | 9:31 am
