Trafigura says aluminum rally is ‘over done’ as supply returns Prices should revert to an earlier trading range of $2,100 to $2,400 per ton over the next six months, says metals analyst Henry Van. Bloomberg News | May 15, 2024 | 11:19 am
Australia’s top pension boosts critical minerals to $8 billion In January, AustralianSuper said it would double its lithium exposure in the next five years. Bloomberg News | May 15, 2024 | 10:23 am
BHP shareholders see room for one more sweetened Anglo bid Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off. Bloomberg News | May 15, 2024 | 9:24 am
Saudi’s new mining vehicle picks industry veteran as first CEO Manara Minerals has hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer. Bloomberg News | May 15, 2024 | 8:52 am
Congo demands international embargo on Rwandan mineral exports The DRC government accuses Rwanda of using rebel groups to steal its natural resources. Bloomberg News | May 15, 2024 | 8:52 am
Copper short squeeze in NY prompts rush to send metal to US Comex copper for July delivery jumped to an intraday high of $5.026 a pound on Tuesday, near a record high. Bloomberg News | May 14, 2024 | 1:38 pm
US blames China’s CMOC for predatory tactics behind cobalt glut CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year. Bloomberg News | May 14, 2024 | 1:26 pm
Korea Zinc sees US opportunities as it targets big copper growth The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023. Bloomberg News | May 14, 2024 | 9:08 am
Lithium miner debuts as Ghana’s first listing in two years Australian-based Atlantic Lithium has taken a step toward raising capital from equity investors in the country. Bloomberg News | May 14, 2024 | 7:46 am
Peru zinc miner Volcan to avoid debt haircut, new owner says On top of making payments in June and August, Volcan is at an advanced stage in talks to sell its non-core assets. Bloomberg News | May 13, 2024 | 1:49 pm
Chile truckers protest rising crime in threat to mine transport There were no immediate reports of disruptions at Chile’s giant copper and lithium operations. Bloomberg News | May 13, 2024 | 10:11 am
Platinum’s shortage to persist as EV slowdown fuels demand Demand for the metal in autocatalyst is expected to rise about 2% for the whole year. Bloomberg News | May 13, 2024 | 7:05 am
