Nickel prices seen falling as global surplus looms Global nickel prices are poised to decline over the next few years as top producer Indonesia ramps up supplies and production costs fall. Reuters | May 19, 2023 | 8:20 am
Pan Asia Metals enters deal to evaluate lithium conversion facility in Vietnam The evaluation will consider an initial annual capacity of 20,000 to 25,000 tonnes per annum. Reuters | May 18, 2023 | 5:38 pm
Vale gets offers for stake in base metals unit Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports. Reuters | May 18, 2023 | 2:55 pm
Zinc price could hit $2,000/t by 2025 on ballooning surplus Refined zinc prices are expected to be on a downward trend until 2025, analysts said. Reuters | May 18, 2023 | 1:19 pm
SQM to start lithium talks with Codelco in coming weeks, says CEO SQM saw its lithium sales volumes slip 15% over the first three months of 2023. Reuters | May 18, 2023 | 11:10 am
Trafigura tags large LME aluminum volumes for delivery Aluminum stocks in LME warehouses hit two-month highs in the middle of April. Reuters | May 18, 2023 | 9:52 am
Copper concentrate market to face steep deficit from 2025 Asian smelters ramped up capacity amid a lack of matching mining projects in the pipeline. Reuters | May 18, 2023 | 9:22 am
G7 to discuss diamond trade with future Russia sanctions in mind – EU official Poland in April presented a proposal for a new set of sanctions on Russia for waging war against Ukraine, including oil and diamond imports. Reuters | May 18, 2023 | 8:47 am
Not enough resources for EVs to be only cleaner car option, Toyota says Carmaker has lobbied the Japanese government to make clear it supported hybrid vehicles as much as BEVs. Reuters | May 18, 2023 | 8:26 am
Australia hands out critical minerals grants Australia is pushing to reap more value from its mineral wealth and become a leading supplier of battery chemicals. Reuters | May 18, 2023 | 6:49 am
KGHM sees extra viable mining pits at its biggest mine in Chile The company can verify four more viable mining pits in its flagship Sierra Gorda copper and molybdenum mine. Reuters | May 18, 2023 | 6:40 am
Sherritt International reports second fatality at Cuba mine in a month An employee died at its Moa joint venture mine in Cuba. Reuters | May 17, 2023 | 2:23 pm