LME to suspend 10% of listed metals brands until they submit responsible sourcing audit The LME added that it was working through the information submitted by the remaining 90% of the brands. Reuters | January 15, 2024 | 10:03 am
Cochilco raises 2024 copper price projection to $3.85/lb Cochilco said it was raising the estimate due to "factors like the normalization of monetary policy in the United States." Reuters | January 15, 2024 | 9:10 am
Iron ore price drops as China central bank’s rate move defies expectation China's central bank left the medium-term policy rate unchanged on Monday. Reuters | January 15, 2024 | 7:07 am
LME CEO aims to have first contracts with Shanghai futures exchange in 2024 The specific contacts to be launched with ShFE were still under discussion. Reuters | January 15, 2024 | 6:51 am
India’s state-owned KABIL signs $24 million lithium exploration deal in Argentina India has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile. Reuters | January 15, 2024 | 6:47 am
BYD in talks with Brazil’s Sigma Lithium on supply deal BYD said in July it would invest 3 billion reais ($600 million) in a new industrial complex in northeastern Brazil. Reuters | January 14, 2024 | 12:09 pm
France, ArcelorMittal agree on $2bn investment to cut French plant emissions The $2 billion will finance electric furnaces and a direct reduction plant at Dunkirk. Reuters | January 14, 2024 | 10:31 am
China coal mine accident kills at least 10, prompts safety checks At least 10 people have died and six are missing after a coal mine accident in the city of Pingdingshan, in central China. Reuters | January 13, 2024 | 11:43 am
China coal mine accident kills at least 8, rescue ops underway Preliminary investigation showed the accident occurred due to a coal and gas outburst at the mine. Reuters | January 12, 2024 | 10:15 am
China’s 2023 iron ore imports hit a record high on rising demand The world's largestĀ iron oreĀ consumer brought in a total of about 1.18 billion metric tons in the past year. Reuters | January 12, 2024 | 9:23 am
China’s rare earth exports hit 5-year high on demand from EV, high-tech sectors The world's largest producer of rare earths shipped 52,307 metric tons of the minerals abroad last year. Reuters | January 12, 2024 | 9:16 am
Codelco reaches deal with supervisors union at Chuquicamata copper mine The deal affects 658 people and includes incentives associated with meeting goals and improving productivity. Reuters | January 12, 2024 | 9:04 am