Codelco’s copper output edges up in May Codelco produced 111,700 metric tons of copper in May, up a slight 0.7% from a year earlier. Reuters | July 10, 2024 | 7:19 am
CMOC to double copper output at Congo mines to 1 million tonnes by 2028 The Chinese miner produced about 420,000 tonnes of copper in 2023. Reuters | July 10, 2024 | 7:17 am
Chile to open call for preferential pricing on Albemarle lithium in one month In May, Chile gave Albemarle the ability to increase its lithium production by nearly 50%. Reuters | July 9, 2024 | 2:30 pm
Consultancy recommends Vale 15 candidates for CEO position Among those suggested for Vale's top job are the heads of big Brazilian firms, local newspaper O Globo said. Reuters | July 9, 2024 | 8:43 am
Chile to analyze 81 private lithium proposals, eyeing four projects by 2026 Chile in April called for proposals in more than two dozen salt flats that contain the battery metal. Reuters | July 9, 2024 | 8:29 am
Global gold ETFs saw second month of inflows in June, says WGC Gold ETFs saw the inflow of 17.5 metric tons, or $1.4 billion, in June. Reuters | July 9, 2024 | 8:24 am
China to launch its first platinum, palladium futures The Guangzhou Futures Exchange will be the first exchange to allow delivery against its contracts in a form used by the main consumers. Reuters | July 9, 2024 | 6:50 am
Hedge fund Elliott challenges court verdict it lost against LME on nickel The LME annulled $12 billion in nickel trades in 2022 when prices shot to records above $100,000 a metric ton in a few hours of chaotic trade. Reuters | July 9, 2024 | 6:46 am
Tsingshan’s lithium brine lake project in Argentina starts production The project is a joint venture between Tsingshan and French miner Eramet in Salta Province. Reuters | July 9, 2024 | 6:42 am
China issues draft rules to allow more recycled copper, aluminum imports China has been looking to raise the usage of recycled metals as part of an efforts to lower carbon emission. Reuters | July 8, 2024 | 7:19 am
Zijin Mining expects first-half profit leap on higher gold and copper output First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said. Reuters | July 8, 2024 | 7:16 am
China’s Shandong province plans $14bn lithium battery industry by 2025 The plan includes expanding the category of consumer batteries, improving quality and performance, and strengthening research and development. Reuters | July 7, 2024 | 3:50 pm