Volkswagen subsidy to cost Canada $1.8bn more than forecast

Discrepancy comes from how Canadian subsidies may affect the company’s tax treatment compared to American incentives under the Inflation Reduction Act.

Reuters | June 14, 2023 | 6:14 am

Boliden to suspend operations at Irish zinc mine, sees Q2 setback

The Tara mine accounted for half of Boliden's zinc concentrate in 2022.

Reuters | June 13, 2023 | 4:03 pm

Nominee to be next US ambassador to Malaysia sees rare earths potential

Edgard Kagan, a career diplomat, told his Senate confirmation hearing that developing new sources for critical minerals was a very high priority.

Reuters | June 13, 2023 | 2:27 pm

EU, Argentina sign raw materials MOU with lithium in focus

The MoU comes as the EU and South America's Mercosur bloc push towards finalizing a trade deal.

Reuters | June 13, 2023 | 12:54 pm

Indonesia’s Merdeka targets 2023 gold output of up to 140,000 oz

Copper output is estimated between 16,000 and 20,000 tonnes.

Reuters | June 13, 2023 | 10:36 am

China’s Yunnan set to boost power to aluminum smelters, sources say

China's fourth biggest producing region for electrolytic aluminum, has required smelters to reduce production twice since last September.

Reuters | June 13, 2023 | 9:09 am

BlackRock fund targets greening of materials sector

Investors are increasingly focused on what actions companies in industries such as metals and mining, cement, and construction, are taking to decarbonize.

Reuters | June 13, 2023 | 8:19 am

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

Rio intends to invest about $101 million to acquire 100 domestically built ore rail cars over six years.

Reuters | June 13, 2023 | 7:44 am

Nippon Steel still interested in investing in Teck’s steelmaking coal arm

Glencore on Monday offered to buy Teck's steelmaking coal business as a standalone unit.

Reuters | June 13, 2023 | 7:38 am

Boliden’s Ronneskar metals smelter damaged in fire, output halted

The Swedish smelter is a major producer of copper, zinc, lead and other metals.

Reuters | June 13, 2023 | 4:42 am

Hastings Technology Metals to supply rare earths to Neo Performance

Deal is to negotiate the supply of rare earth concentrate from Hasting’s Yangibana project in Western Australia.

Reuters | June 12, 2023 | 4:21 pm

LKAB raises deposit estimate at Europe’s biggest rare earth find

The European Commission wants to speed up the development of new mines like Per Geijer to end its dependence.

Reuters | June 12, 2023 | 7:49 am

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