Vulcan Energy starts its first lithium chloride production in Germany The German government has created a €1.1 billion investment fund to fortify the nation’s access to critical raw materials essential for high-tech and green projects. Reuters | April 10, 2024 | 3:42 pm
Eramet reaches agreement to continue SLN’s New Caledonia operations Its nickel subsidiary SLN is locked in a dispute with local authorities over financial guarantees. Reuters | April 10, 2024 | 10:51 am
Protesters blockade Peru’s Las Bambas mine after talks fall through Since it began operations in 2016, the mine has had to halt operations for more than 600 days. Reuters | April 10, 2024 | 8:52 am
Zimplats to cap job cuts at 1% of workforce, CEO says Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts. Reuters | April 10, 2024 | 7:59 am
Sweden’s LKAB cuts iron ore production on railway woes The company said it will cut production by one million tonnes per year, and added it may also take additional measures, including laying off staff. Reuters | April 10, 2024 | 5:56 am
Sibanye may seek $500m via metals prepayment deals to boost cash The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments. Reuters | April 10, 2024 | 5:31 am
Amplats says it has received no credible offers for South African assets Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table". Reuters | April 10, 2024 | 5:25 am
Polish government drops coal merger idea, considering mines tie-ups instead The previous government planned to create one large state-owned company that would pool the assets of power plants generating energy from coal. Reuters | April 10, 2024 | 3:46 am
Australian magnate Rinehart takes stake in MP Materials MP Materials is the biggest producer of rare earths in the United States. Reuters | April 9, 2024 | 11:57 am
Outflows from gold ETFs slowed in March Global gold ETFs saw outflows of $823 million in March, down from an outflow of $2.9 billion in February. Reuters | April 9, 2024 | 11:05 am
Iron ore price extends rally on hopes of improved demand in China Iron ore prices extended gains to a second straight session on Tuesday. Reuters | April 9, 2024 | 8:01 am
Rare earth prices in China hit 7-week high on post-holiday restocking China accounts for 70% of rare earths mining and 90% of refined output. Reuters | April 9, 2024 | 7:44 am