Omani, Saudi firms sign $30bn in MoUs amid Saudi crown prince’s visit Oman Minerals Development Company signed an MoU with Ma'aden to assess exploration and development opportunities in the mining sector. Reuters | December 6, 2021 | 10:55 pm
Toyota to build new $1.3 billion battery plant in North Carolina The Japanese automaker is announcing it will locate the plant at a site in Liberty, NC, that will begin production 2025. Reuters | December 6, 2021 | 11:55 am
Perth Mint’s November gold sales nearly double Sales of gold coins and minted bars soared to 115,872 ounces last month, the highest level since March this year. Reuters | December 6, 2021 | 8:52 am
US blacklists individual allegedly providing support to Israeli investor Gertler The US imposed sanctions on Dan Gertler in 2017, accusing him of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals. Reuters | December 6, 2021 | 7:57 am
Global nickel smelting rebounds as Sudbury operations restart Global nickel smelting activity rebounded in November, powered by gains in North America and Europe. Reuters | December 6, 2021 | 7:09 am
London nickel market tightens as China lifts imports nickel looks set to remain a tight market with the flow of metal into China transferring the tightness from Shanghai to London, writes Andy Home. Reuters | December 6, 2021 | 6:57 am
Infinity Lithium, Thyssenkrupp to assess green hydrogen potential in lithium production Green hydrogen is produced by splitting water molecules with renewable electricity. Reuters | December 5, 2021 | 8:50 pm
China will encourage listing of leading futures firms, to issue futures law China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation. Reuters | December 5, 2021 | 12:48 pm
Zinc prices seen solid over European winter on likely smelter shutdowns Benchmark zinc prices on the London Metal Exchange have shed about a fifth since surging to a 14-year peak in mid-October. Reuters | December 3, 2021 | 7:45 am
Tin price surge worsens supply chain woes for electronics, solar and auto firms Tin prices have nearly doubled from a year ago and are on course for their biggest annual rise in over 30 years. Reuters | December 2, 2021 | 9:14 pm
Carbon brakes aluminum supply response to booming prices Aluminum traders didn't used to think much about the weather in pricing the market but in a green hydro-rich world that may change, writes Andy Home. Reuters | December 2, 2021 | 8:53 pm
Peru says IMF sees leeway to hike taxes on mining sector Peru's finance minister Pedro Francke has asked Congress for executive powers to reform the tax system. Reuters | December 2, 2021 | 12:44 pm