Britain agrees deals on clean energy, critical minerals with Zambia The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment. Reuters | August 2, 2023 | 4:25 pm
Albemarle boosts profit forecast on surging lithium demand, shares jump The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share. Reuters | August 2, 2023 | 1:47 pm
Column: China’s weak PMI means good news for commodities, for now China’s manufacturing activity dropped for a fourth consecutive month in July. Reuters | August 2, 2023 | 7:50 am
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
World battles to loosen China’s grip on vital rare earths for clean energy transition Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. Reuters | August 2, 2023 | 7:18 am
India passes law allowing auction and mining of lithium reserves Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium. Reuters | August 2, 2023 | 7:08 am
Pilbara Minerals gets board nod for pilot lithium plant The company and Calix received board approvals to build a demonstration plant to process lithium at the Pilgangoora project in Western Australia. Reuters | August 1, 2023 | 4:44 pm
Chile fines Lundin mine $9 million for environmental infractions The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations. Reuters | August 1, 2023 | 3:29 pm
Codelco requests permit for $2.5 billion Ministro Hales mine extension The project aims to boost production capacity of copper concentrate from the current 700,000 metric tons a year to 830,000 tons. Reuters | August 1, 2023 | 2:51 pm
Mexico says trade deal does not apply in Grupo Mexico mine labor dispute A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits. Reuters | August 1, 2023 | 11:29 am
Li-Cycle starts battery recycling operations at German plant The facility in Magdeburg has the capacity to process 10,000 metric tons of battery parts annually. Reuters | August 1, 2023 | 7:56 am
France’s Orano: uranium mining in Niger continues Earlier, some media reported that Orano's uranium exports had been interrupted. Reuters | August 1, 2023 | 7:53 am