German Chancellor defends planned lithium deal with Serbia Mercedes-Benz and Stellantis are currently in discussions with Serbia’s government to invest in the country. Bloomberg News | July 18, 2024 | 11:56 am
Nornickel weighs projects in new top market China Nornickel executives held talks with potential Chinese partners this month and signed about 10 memorandums of understanding, Bloomberg sources say. Bloomberg News | July 18, 2024 | 11:52 am
UK gold coin sales jump on concerns over Labour’s fiscal plans While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales. Bloomberg News | July 18, 2024 | 8:49 am
Turkish envoy visits Niger to secure uranium supplies The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits. Bloomberg News | July 18, 2024 | 7:55 am
Mercedes, Stellantis in talks to back Serbia’s lithium plans The carmakers are willing to follow Rio Tinto Group’s investment in the proposed Jadar mine. Bloomberg News | July 18, 2024 | 7:12 am
Paladin Energy aims to crack uranium big league with Canadian takeover Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project. Bloomberg News | July 17, 2024 | 2:39 pm
Wildfires erupt in Canada crude patch in threat to oil sands One 7-acre fire is within about 6 miles of MEG Energy Corp.’s Christina Lake site, which produced almost 100,000 barrels a day in May. Bloomberg News | July 17, 2024 | 1:09 pm
Sodium-ion battery startup sparks lithium alternative Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to the widely used lithium-ion technology. Bloomberg News | July 17, 2024 | 12:48 pm
China copper smelters plan to cut output after margins fall The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks. Bloomberg News | July 17, 2024 | 10:46 am
Iron ore majors ramp up supply even as China faces challenges Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on. Bloomberg News | July 17, 2024 | 10:31 am
Copper price edges down to two-week low amid demand uncertainty The metal headed for a third daily decline, with copper miners also under pressure as a risk-off mood took hold in broader equity markets. Bloomberg News | July 17, 2024 | 9:55 am
China stainless steel mogul fights to avoid a second collapse A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry. Bloomberg News | July 16, 2024 | 5:37 pm
