Aurubis raises annual profit forecast on strong demand The company has managed energy costs through forward-hedging. Reuters | May 11, 2023 | 9:27 am
China’s GEM to build a $500m joint nickel project in Indonesia The project, sited in Indonesia Morowali Industrial Park, will produce 20,000 tonnes per year of nickel. Reuters | May 11, 2023 | 8:18 am
Glass Lewis joins call for increased Glencore disclosure on coal Glencore is one of the world’s top thermal coal exporters and Australia’s largest miner of the fossil fuel. Reuters | May 11, 2023 | 4:50 am
Silver Lake submits revised bid for St Barbara’s Leonara assets St Barbara said earlier this month it would continue to back a bid of A$600 million from Genesis Minerals. Reuters | May 10, 2023 | 4:54 pm
Indonesia became second largest cobalt producer in 2022 – Cobalt Institute The country accounted for almost 5% of global production of the battery material in 2022. Reuters | May 10, 2023 | 9:27 am
Polymetal asks shareholders to approve Kazakhstan move Re-domiciling is a "necessary and critical first step to preserve Polymetal's business continuity" the company says. Reuters | May 10, 2023 | 9:24 am
Column: Copper’s anticipated supply surplus is proving elusive Copper usage appears to be growing faster than previously forecasted, while mine supply is yet again failing to live up to expectations. Reuters | May 10, 2023 | 8:36 am
Share of Russian aluminum in LME warehouses falls slightly Overall aluminum stocks are up 27% so far this year. Reuters | May 10, 2023 | 7:56 am
Eneos considers possible IPO for JX Nippon Mining & Metals JX Nippon Mining & Metals is the majority owner of Chile’s Caserones copper mine. Reuters | May 10, 2023 | 7:42 am
Australia exports first copper to China since 2020, industry hopes end to ban near Official trade data shows exports worth A$60.5 million ($41.04 million) of copper ore and concentrate to China in January. Reuters | May 10, 2023 | 5:00 am
Australia’s ioneer signs deal with US firm for lithium supply It has signed a commercial offtake agreement with Dragonfly Energy Holdings. Reuters | May 9, 2023 | 6:15 pm
Peru’s March copper production up 20% as mines restart after protests The world's no. 2 copper producer saw its first quarter copper output rise 11.2% from the same period of 2022. Reuters | May 9, 2023 | 6:11 pm
