BHP confident China property recovery will boost metals demand Weaker-than-expected construction, particularly in the property sector, has pushed iron ore below $100 a tonne. Bloomberg News | May 25, 2023 | 8:26 am
Billionaire Friedland says copper market weakness is temporary The note of confidence from Friedland comes after China’s economic activity disappointed expectations since strict pandemic restrictions were removed late last year. Bloomberg News | May 25, 2023 | 5:06 am
Battery boom sparks revival for Quebec’s formerly failed lithium miners Ford’s supply deal with Nemaska is the latest sign of optimism for lithium projects once left for dead. Bloomberg News | May 24, 2023 | 12:15 pm
Italian utility Iren aims to recycle rare metals in push to cut imports Iren plans to invest more than $10 million to build a new site to recover gold and palladium, and another one to recycle solar panels. Bloomberg News | May 24, 2023 | 8:09 am
Nornickel now earns nearly half of its revenue in Asia In the first three months of 2023, Asia accounted for 45% of the company’s revenue. Bloomberg News | May 24, 2023 | 7:42 am
Commodity bull Goldman says ‘we were wrong’ but sticks to view The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally. Bloomberg News | May 24, 2023 | 4:42 am
Emerging lithium supplier Argentina says it’s close to US deal under IRA Argentina has been lobbying to get in on President Joe Biden’s electric-vehicle drive. Bloomberg News | May 23, 2023 | 3:57 pm
Mining firms’ cash-raising lifts Toronto exchange as deals slow Firms in the materials sector have raised C$1.6 billion on the Toronto Stock Exchange since the beginning of 2023. Bloomberg News | May 23, 2023 | 10:12 am
Vedanta extends record dividend spree with $830 million payout Shares of the company rose about 2% at the close in Mumbai on Monday before the dividend was announced. Bloomberg News | May 23, 2023 | 8:34 am
China buys more Australian coal as appetite for quality builds Australian cargoes in April of mostly thermal coal for power plants surged 75% from the prior month. Bloomberg News | May 23, 2023 | 8:19 am
Russia raises aluminum exports to China to near record levels as sanctions bite Russian sales of refined aluminum to China nearly trebled in April from the previous year. Bloomberg News | May 22, 2023 | 9:37 am
Ford strikes lithium deals to support step up in EV output Ford has struck deals with Albemarle, SQM and Nemaska Lithium as availability and cost of crucial battery materials have been key concerns. Bloomberg News | May 22, 2023 | 9:22 am
