China’s copper premium spikes on demand from renewables industry The Yangshan copper premium, or the fee traders pay for imported cargoes over benchmark prices on the LME, extended to its highest level in a year. Bloomberg News | November 21, 2023 | 3:12 pm
Sibanye shares plunge on convertible bond sale The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value. Bloomberg News | November 21, 2023 | 9:49 am
Stellantis, CATL plan to build EV battery plant in Europe Stellantis’ partnership with CATL would be among the most wide-ranging such agreements in Europe. Bloomberg News | November 21, 2023 | 8:49 am
Iron ore price soars to 9-month high on China stimulus anticipation Iron ore surged with demand optimism growing as more details emerge about China’s latest economic stimulus drive. Bloomberg News | November 21, 2023 | 8:41 am
Chile discusses IRA benefits with US to lure lithium investments Authorities from Chile have held discussions with President Joe Biden himself as well as US Treasury Department and trade officials. Bloomberg News | November 20, 2023 | 10:46 am
Israel strikes Lebanese aluminum factory, says Lebanon media Israel’s military struck an aluminum factory located in southern Lebanon around 4 a.m. local time on Saturday. Bloomberg News | November 18, 2023 | 12:47 pm
Panama’s supreme court to deliberate on First Quantum mine contract next week Public arguments for both cases are set to conclude on Nov. 23 and issuing a ruling is a priority for the court. Bloomberg News | November 17, 2023 | 1:51 pm
Top court kills Colombian royalty measure worth $780 million The fiscal reform approved last year prevented oil and coal producers from deducting royalty payments from their corporate tax liability. Bloomberg News | November 16, 2023 | 4:46 pm
Indonesia to trace nickel in bid for US critical minerals deal Each ton of nickel ore sales will be tracked using the SIMBARA portal starting next quarter. Bloomberg News | November 16, 2023 | 4:39 pm
Nickel crisis shows LME could learn from China, Minmetals says The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022. Bloomberg News | November 16, 2023 | 12:52 pm
Glencore bets on US love of coal with new fossil fuel giant The company unveiled the first step in the process, with the deal to buy control of Teck. Bloomberg News | November 16, 2023 | 9:15 am
Billionaire lithium crashers hamper Australian deals, miners say The country’s lithium industry has seen a frenzy of deals this year. Bloomberg News | November 15, 2023 | 10:58 am