Vale weighs IPO of metals unit after sale of 10% stake The company has approached Mark Cutifani about becoming chair of the base metals business Bloomberg News | March 15, 2023 | 7:32 am
Rio Tinto should expect more friction over Oyu Tolgoi Mongolia will keep fighting for maximum benefit from a giant copper mine run, the country’s prime minister said. Bloomberg News | March 14, 2023 | 5:48 pm
Zimbabwe’s ban on lithium ore exports triggers stockpile buildup The ban has impacted small- and medium-scale miners, but it’s not clear how much lithium is contained in the stockpiled ore. Bloomberg News | March 14, 2023 | 7:00 am
Harita Nickel to soon kick off $650 million Indonesian IPO The nickel industry sits at the heart of President Joko Widodo’s vision of developing an electric-vehicle supply chain onshore. Bloomberg News | March 14, 2023 | 6:54 am
China removes all remaining curbs on Australian coal imports Imports could reach 1 million tons in the first half of March alone. Bloomberg News | March 14, 2023 | 6:45 am
Trafigura’s head of metals operations to leave in restructuring Svetlana Kabanova, who ran operations for Trafigura’s metals trading unit, is leaving the company. Bloomberg News | March 13, 2023 | 1:39 pm
Europe balks at strategic stockpile for critical green metals The energy crisis has hurt production of several key industrial commodities, exacerbating worries about supply. Bloomberg News | March 13, 2023 | 9:48 am
China could control a third of the world’s lithium by 2025 UBS expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000 tons by 2025. Bloomberg News | March 12, 2023 | 6:07 pm
UK to spend £20 billion on carbon capture in clean energy push The UK’s investment would go toward projects that aim to store 20 million to 30 million tonnes of carbon dioxide annually by 2030. Bloomberg News | March 12, 2023 | 9:34 am
Highland Gold owner weighs buying Polymetal assets Mining magnate Vladislav Sviblov is weighing a purchase of some of the Russian assets of Polymetal. Bloomberg News | March 11, 2023 | 6:46 pm
Singapore’s central bank boosted gold reserves 30% in January Central banks worldwide have been building holdings of bullion as the dollar’s strength has waned in recent months. Bloomberg News | March 10, 2023 | 10:49 am
Saudi Arabia and Iran ease Mideast rift that rattled oil Countries will restore diplomatic ties, easing a geopolitical rivalry in the Persian Gulf that has unnerved oil markets. Bloomberg News | March 10, 2023 | 9:08 am