MINING.COM

Neometals joint venture to build battery shredding plant for Mercedes

Primobius, which is 50% owned by Neometals, will provide 10 tonne per day of the battery shredding 'spoke' for Mercedes LIB Recycling Plant.

Reuters | August 22, 2023 | 4:31 pm

Swiss gold exports down in July due to lower shipments to China, India

Switzerland is the world's biggest bullion refining and transit hub.

Reuters | August 22, 2023 | 10:39 am

Brazil could become a ‘green lithium powerhouse,’ says Sigma Lithium

Sigma Lithium, eyeing buyout, sues ex-CEO and daughter-in-law over trade secrets

Sigma is accusing its former co-chief executive officer Calvyn Gardner of stealing trade secrets to undermine the company's effort to sell itself.

Reuters | August 22, 2023 | 10:00 am

Chinese Copper Giant Maike Seeks Help With Liquidity Issues

Column: Copper trapped between old and new supercycles

Doctor Copper appears undecided as to which supercycle is currently strongest.

Reuters | August 22, 2023 | 8:20 am

Aluminum Buyer Novelis Excludes Russian Metal in Supply Deal

No new Novelis deals to buy Russian aluminum since Ukraine war

Novelis is still buying some aluminum from Rusal under contracts agreed before Russia invaded Ukraine.

Reuters | August 22, 2023 | 7:39 am

Lithium Producers Defy Mining Sector Slump With Surging Profits

Allkem forecasts higher output for fiscal 2024

The Argentina-based miner posted a net profit attributable of $441.7 million for the year ended June 30.

Reuters | August 21, 2023 | 3:27 pm

BHP and Rio Tinto show the swings and arrows of China commodity exposure

BHP sees China demand bright spots, logs 37% profit drop

Prices for iron ore, BHP's top revenue-generating commodity, retreated from peaks scaled over the past two years.

Reuters | August 21, 2023 | 3:23 pm

Canada’s competition regulator clears Newmont's acquisition of Newcrest

Newmont gets Aussie regulatory nod for $16.8bn Newcrest deal

Newmont continues advancing other regulatory approvals and expects to close the transaction in the fourth quarter of this year.

Reuters | August 21, 2023 | 3:21 pm

Many thousands of tonnes of lead already worth around $182 million have been sold on the Shanghai Futures Exchange (ShFE) for delivery next month, according to ShFE data, which is expected to trigger a price surge of the battery metal.

Short positions in lead worth $182m set to drive Shanghai price surge

Thousands of tonnes have been sold on the Shanghai Futures Exchange for delivery next month, which is expected to trigger a price surge of the battery metal.

Reuters | August 21, 2023 | 10:39 am

GRAPHIC: Robust equities erode gold’s safe-haven allure as ETF holdings fall

Overall holdings in over 100 gold ETFs tracked by the WGC fell to their lowest level since April 2020.

Reuters | August 21, 2023 | 10:02 am

Tsingshan starts 50,000t nickel plant in Indonesia

Tsingshan plans to apply for the nickel produced at this plant to be listed as a deliverable brand on the LME.

Reuters | August 21, 2023 | 9:53 am

Moon Express ready for first private lunar trip after raising another $20 million

Race for moon resources has begun, says Russia’s space chief after failed lunar mission

Russia's Luna-25 spacecraft spun out of control and crashed into the moon on Saturday after a problem preparing for pre-landing orbit.

Reuters | August 21, 2023 | 9:33 am

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