Freeport CEO ‘encouraged’ by signs of US-China thaw "We have to wait and see whether it's a watershed moment or not," Richard Adkerson said. Reuters | November 17, 2023 | 8:12 am
CMOC sees electricity as constraint on Congo expansion To improve the power supply, CMOC has been looking to tap hydropower projects and other new energy sources. Reuters | November 17, 2023 | 8:08 am
EU proposes to ban Russian diamonds from start of 2024 The proposal is part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine. Reuters | November 17, 2023 | 8:02 am
First Quantum, union reach deals on salaries as protests block mine access Protests have raged for weeks against First Quantum's contract for a $10 billion copper mine. Reuters | November 16, 2023 | 4:15 pm
Citi delivers around $155 million worth of zinc for rent deal The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August. Reuters | November 16, 2023 | 11:03 am
Split views in copper concentrate balance forecast drag on TC/RCs negotiations Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week. Reuters | November 16, 2023 | 9:32 am
Top companies’ lobbying undermines their climate pledges, study finds A study of 293 companies found that nearly 60% of those are at risk of "net zero greenwash" due to their lobbying. Reuters | November 16, 2023 | 9:25 am
Australia’s Mineral Resources set for significant lithium growth – exec The Australian mining services provider has transformed itself into the world's second largest producer of lithium raw material spodumene this year. Reuters | November 16, 2023 | 9:11 am
Sumitomo Metal looks to boost battery materials output, possibly in US The company is considering producing cathode battery materials in the United States among other options. Reuters | November 16, 2023 | 8:36 am
Death toll in China coal firm office rises to 26; at least 38 injured President Xi Jinping urged the authorities to ensure more safety measures are put in place to avoid such incidents. Reuters | November 16, 2023 | 7:01 am
SQM loses $1 billion in market value as lower prices dent profit SQM said its third-quarter net earnings fell 56.4%, dragged down by falling lithium prices. Reuters | November 16, 2023 | 6:58 am
Fortescue sets up investment platform to fund green energy projects "Fortescue is taking its global pipeline of green hydrogen and green ammonia projects to final investment decision," Fortescue Energy CEO Mark Hutchinson said. Reuters | November 16, 2023 | 6:51 am
