Copper exporters to benefit from China reopening, AllianceBernstein says Global markets have yet to price in fully the reopening of China and copper exporters are set to benefit from it. Bloomberg News | January 13, 2023 | 8:38 am
Biden backs Nevada lithium mine with $700 million loan offer The Rhyolite Ridge Lithium-Boron Project could potentially support the production of lithium for 370,000 EVs. Bloomberg News | January 13, 2023 | 8:19 am
Australia extends run of trade surpluses on metals exports Australia has posted monthly trade windfalls since January 2018, underpinned by sales of iron ore and natural gas. Bloomberg News | January 12, 2023 | 10:04 am
JPMorgan may move into precious metals clearing in Zurich The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter. Bloomberg News | January 12, 2023 | 9:51 am
Fosun weighs sale of Belgian diamond-grading firm IGI The Chinese conglomerate is working with Deutsche Bank AG on the potential divestment of the International Gemological Institute. Bloomberg News | January 12, 2023 | 7:55 am
Metals prices could spike with markets so tight, Trafigura says “We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said. Bloomberg News | January 12, 2023 | 7:33 am
Maaden aluminum smelter cuts production on operating issues Maaden owns 75% and Alcoa holds 25% of the massive aluminum complex in Saudi Arabia. Bloomberg News | January 11, 2023 | 11:48 am
Mystery buyer helped fuel nickel squeeze with $600 million bet The mystery buyer represented 13% of net buying in the market on March 7, according to the Oliver Wyman report. Bloomberg News | January 10, 2023 | 1:05 pm
North America’s top mining CEOs anticipate turbulent year ahead "I don’t think anywhere is perfectly safe to invest right now," said Barrick Gold CEO Mark Bristow. Bloomberg News | January 10, 2023 | 6:52 am
India’s foray into the EV battery market lacks some key ingredients The government has unveiled incentives of at least $3.4 billion to expedite its lagging adoption of EVs. Bloomberg News | January 10, 2023 | 6:42 am
First Quantum aims to appeal Panama order to halt copper mine In the meantime, First Quantum said it is drawing up the maintenance plan for the mine to submit to government. Bloomberg News | January 9, 2023 | 10:36 am
Britishvolt in talks for majority sale to consortium Britishvolt’s investors include mining giant Glencore, which was among the lenders that provided emergency funding to the company late last year. Bloomberg News | January 9, 2023 | 10:13 am
