Mubadala says Emirates Global Aluminium IPO may happen this year The Middle East’s biggest producer of aluminum may sell shares to the public as soon as the third quarter of 2023. Bloomberg News | January 18, 2023 | 10:03 am
Mega miners are hunting for deals after decade on the sidelines The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle. Bloomberg News | January 17, 2023 | 9:39 am
Barrick misses gold guidance as output sinks to 22-year low Barrick produced 4.14 million ounces of gold last year, marking its third straight decline in annual output. Bloomberg News | January 17, 2023 | 6:49 am
Goldman sees ‘bullish concoction’ for global commodities Jeff Currie sees parallels with the record run-up in commodities prices from 2007 to 2008. Bloomberg News | January 16, 2023 | 11:59 am
Iron ore’s sharp gains catch Beijing’s eye as traders summoned Iron ore futures jumped almost 60% from the end of October through last Friday. Bloomberg News | January 16, 2023 | 7:09 am
Lithium’s next big risk is grand supply plans falling short With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022. Bloomberg News | January 16, 2023 | 7:02 am
Startup eyes Australia to build China-free battery production Recharge Industries is planning a A$300 million factory to build lithium-ion batteries free of materials from China. Bloomberg News | January 15, 2023 | 1:22 pm
This village is standing in the way of Germany’s coal revival Activists continue to block police attempts to demolish the village of Luetzerath to make way for the expansion of an opencast coal mine. Bloomberg News | January 15, 2023 | 11:01 am
Goldman raises aluminum forecasts on higher Chinese and European demand The metal will probably average $3,125 a ton this year in London, analysts said. Bloomberg News | January 15, 2023 | 10:37 am
Congo picks Symbion to tap methane-filled lake New York’s Symbion Power won a bid to produce electricity from methane trapped in Lake Kivu. Bloomberg News | January 14, 2023 | 11:41 am
MMG’s Las Bambas halts mining on safety fears MMG Ltd’s Las Bambas copper mines halted activities because of unrest at another nearby mining site. Bloomberg News | January 14, 2023 | 11:30 am
LME data entry error showed copper price down 77% in latest glitch While the final price in the trading ring was set at $9,130 a ton, the LME’s external data feed showed a price of $2,130. Bloomberg News | January 13, 2023 | 9:53 am
