Copper price bounces as analysts see short covering fueling big gains Prices climbed as much as 1.5% to trade above $8,300 a ton on the London Metal Exchange on Thursday. Bloomberg News | February 15, 2024 | 5:14 pm
Guinea talks carbon tax on mines as it seeks $4.3 billion loans Guinea is among the world’s top producers of bauxite, a raw material used to produce aluminum. Bloomberg News | February 15, 2024 | 3:30 pm
Albemarle says lithium prices are unsustainably low Lithium prices have dropped more than 80% in the past year. Bloomberg News | February 15, 2024 | 11:10 am
Barrick’s Thornton moves from executive chairman to chairman John Thornton, an ex-investment banker from Goldman Sachs, joined Barrick in 2012 as a director under founder Peter Munk. Bloomberg News | February 15, 2024 | 9:34 am
Africa moves a step closer to continent’s first cobalt refinery Nigeria-based Africa Finance Corp. last week signed an expression of interest to provide $100 million in financing to the facility. Bloomberg News | February 14, 2024 | 2:34 pm
Tycoon Birla’s Hindalco bids for Indian critical minerals leases The government will sell rights to about 20 blocks of land to explore for critical metals. Bloomberg News | February 14, 2024 | 10:36 am
Uranium developers say supply jolt is boosting new projects Kazatomprom this month lowered its 2024 guidance by as much as 14%. Bloomberg News | February 13, 2024 | 7:46 am
Indonesia names two Chinese nationals as suspects in nickel fire One was a furnace supervisor at a different smelter in the park who had been seconded to Tsingshan’s facility, while the other was also employed by a different firm. Bloomberg News | February 12, 2024 | 9:50 am
Jindal’s environment application for $2 billion mine refused The company will appeal the decision within three weeks. Bloomberg News | February 12, 2024 | 7:03 am
UK in talks with Hitachi over Welsh nuclear plant site, FT says The move is aimed at reviving Britain’s ageing nuclear fleet. Bloomberg News | February 11, 2024 | 10:07 am
Wealthy Indonesians set to win no matter who becomes president As many as half of the 575 lawmakers in parliament have connections with the mining sector, according to the Indonesia Mining Advocacy Network. Bloomberg News | February 10, 2024 | 5:58 pm
EU, US to align global minerals push against China’s supply grip The aim is to combine the EU’s high-level policy approach with the US focus on specific projects, Bloomberg sources said. Bloomberg News | February 9, 2024 | 2:04 pm
