Glencore Congo copper mine hit with $894 million royalty row Kamoto is one of the largest mines in Congo, exporting 200,000 tonnes of copper and 16,000 tonnes of cobalt in 2023. Bloomberg News | September 27, 2024 | 7:01 am
How Europe’s battery hope has become a symbol of the EV bust Northvolt was supposed to power Europe’s response to the likes of Tesla and China’s fast-growing electric vehicle makers. Bloomberg News | September 26, 2024 | 5:05 pm
India gold demand buoyed by import tax cut before wedding season Imports more than tripled to 140 tons in August from the previous month, according to the World Gold Council. Bloomberg News | September 26, 2024 | 8:51 am
Adani’s billion-dollar copper play slows amid mining shortfall Adani Enterprises is likely to start processing the first copper concentrates or ore at its plant in the western Indian state of Gujarat in November. Bloomberg News | September 26, 2024 | 8:40 am
Rio Tinto aims to produce copper from Resolution mine by end of decade Resolution mine would supply more than a quarter of US copper demand for decades. Bloomberg News | September 26, 2024 | 7:01 am
Zijin wants its Africa copper mine to rival the world’s biggest Kamoa-Kakula, in which Zijin and Ivanhoe both hold a 39.6% stake, may surpass BHP’s ageing Escondida mine in Chile. Bloomberg News | September 26, 2024 | 3:15 am
Kamala Harris calls for US critical minerals reserve, tax credits The plan, part of a $100 billion industrial policy vision, also called for the use of emergency government powers under the Cold War-era Defense Production Act. Bloomberg News | September 25, 2024 | 3:52 pm
Coronado sells rare coal miner dollar bond in junk market Coronado Finance raised $400 million on Tuesday with the sale of a five-year note that can be called after two years. Bloomberg News | September 25, 2024 | 1:12 pm
US fintech firm seeks membership of iconic LME trading floor New York-based Clear Street is seeking regulatory approval ahead of a planned application to join the LME. Bloomberg News | September 25, 2024 | 9:20 am
Fortescue electrifies iron ore trucks in $2.8 billion deal The miner will buy 475 emissions-free machines, including 360 autonomous battery-electric trucks. Bloomberg News | September 24, 2024 | 3:42 pm
US-led group weighs funding more mineral projects to counter China dominance The Minerals Security Partnership has already announced support for 13 projects since the collaboration began in 2022. Bloomberg News | September 24, 2024 | 3:04 pm
Australia clears coal mine expansions in hit to green goals The government has approved an extension of Whitehaven's Narrabri, MACH Energy Australia’s Mount Pleasant and Ashton’s Ravensworth coal mines. Bloomberg News | September 24, 2024 | 10:03 am