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
Gold Fields eyes Chile expansion as new $1bn mine starts up Gold output from Salares Norte in December is expected at about 1,000 ounces. Reuters | November 16, 2023 | 6:46 am
China’s Zhejiang province signs $5.14bn worth of deals with Indonesia Deals were signed in areas such as new energy equipment manufacturing, metal material production and financial services. Reuters | November 15, 2023 | 5:14 pm
Australia’s Galan signs lithium supply deal with Glencore Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million. Reuters | November 15, 2023 | 2:40 pm
Canada’s Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit Pierre Lassonde said his consortium's offer was credible and comparable to what Teck's board accepted from Glencore. Reuters | November 15, 2023 | 12:34 pm
