Russia to raise tax on metals producers in 2022 – Putin It would be the third tax increase for the Russian metals and mining industry since the start of this year. Reuters | August 6, 2021 | 12:04 pm
New EV battery designs unlikely to dampen metals demand, miners say Mining companies say they do not fear a plan by China's CATL to make an electric vehicle (EV) battery without lithium or other key metals. Reuters | August 6, 2021 | 11:05 am
Home: China’s imports are reshaping the global aluminum market China imported a further 158,000 tonnes of primary aluminum in June, bringing the half-year tally to 744,000 tonnes. Reuters | August 6, 2021 | 8:04 am
Tin, aluminum to outperform other base metals in H2 – Antaike Base metal prices have surged to multi-year or record highs in 2021 on recovering demand from the pandemic. Reuters | August 6, 2021 | 7:46 am
Copper price gains as world’s biggest mine preps for strike “Dr. Copper is supposed to give a good reading of how the economy is doing, and I think we are in limbo phase right now,” said WisdomTree analyst Nitesh Shah. Reuters | August 6, 2021 | 4:33 am
Union at Escondida mine in Chile asks members to prepare for strike More than 2,000 union members rejected owner BHP Group Ltd's latest contract offer at the end of last week. Reuters | August 5, 2021 | 5:39 pm
Peruvian miners open to discussing modifications to tax stability agreements A new administration led by Pedro Castillo, an elementary school teacher, is seeking to increase taxes on miners to fund social programs. Reuters | August 5, 2021 | 5:05 pm
MP Materials swings to quarterly profit on rising rare earths prices The company reported second-quarter profit of $27.2 million. Reuters | August 5, 2021 | 1:42 pm
Diamond sales at De Beers’ Botswana unit rebound as global market recovers Exports of diamonds from Debswana stood at $1.702 billion in the first half of the year. Reuters | August 5, 2021 | 9:37 am
Albemarle doesn’t expect Biden’s EV order to shift lithium demand The world’s largest lithium producer posted a nearly five-fold jump in quarterly income on Wednesday. Reuters | August 5, 2021 | 8:02 am
Centamin’s profit falls, mulls sale of Burkina Faso project Gold miner posted a 39% fall in first-half pretax profit on Thursday, as a drop in its production outweighed an improvement in pricing. Reuters | August 5, 2021 | 7:50 am
Nornickel triples earnings as metals prices offset output dip Company revenue in the six months to June 30 rose 33% year on year to $8.9 billion. Reuters | August 5, 2021 | 7:46 am