Australia export revenue to tumble as iron ore, coal prices drop Fewer supply disruptions and “relatively soft” global economic growth will push down revenue. Bloomberg News | December 17, 2023 | 9:40 am
Australia expands list of critical minerals key to transition Australia added fluorine, molybdenum, arsenic, selenium and tellurium to the list of minerals that it regards as essential to modern technologies. Bloomberg News | December 16, 2023 | 11:27 am
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Friedland says $15,000/t copper price needed to spur new mines The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry. Bloomberg News | December 15, 2023 | 11:13 am
New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
Bolivia takes a key step on long road to tapping vast lithium riches Bolivia is cutting the ribbon on its first industrial-scale lithium plant. Bloomberg News | December 15, 2023 | 6:35 am
US miners miss out on tax credit granted to processors Companies that mine critical minerals cannot receive a 10% production tax credit. Bloomberg News | December 14, 2023 | 2:56 pm
South32 yet to invoke force majeure in Colombia At Cerro Matoso, members of two communities have blocked access roads since Sunday. Bloomberg News | December 14, 2023 | 10:22 am
Germany’s BASF considers building lithium plant in Chile BASF recently signed a deal with Wealth Minerals that includes lithium offtake if the Canadian explorer obtains production contracts in Chile. Bloomberg News | December 14, 2023 | 10:18 am
Gold tests investor appeal as Fed prepares to pivot With monetary loosening now definitively on the agenda, gold traders will be watching for the return of big-money investors. Bloomberg News | December 14, 2023 | 10:11 am
Palladium price surges 12% as UK sanctions target Russia metals Palladium is headed for its biggest gain since March 2020. Bloomberg News | December 14, 2023 | 9:44 am
Billionaire Adani’s new copper foray to further tighten world’s ore supply The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate. Bloomberg News | December 14, 2023 | 6:48 am