LME rethinks cobalt contract for electric vehicle sector The exchange is instead looking at offering a cash-settled cobalt metal contract. Reuters | March 9, 2018 | 11:17 am
Rio Tinto’s last two coal mines set to attract bids over $2.5 billion Company made a strategic decision in 2017 to exit coal and focus on growth in iron ore, copper and its aluminum division. Reuters | March 9, 2018 | 8:01 am
Tesla chief executive asks Trump for ‘fair outcome’ on China trade Elon Musk took to Twitter to call on U.S. President Donald Trump to challenge Chinese auto trade rules. Reuters | March 8, 2018 | 6:44 pm
Trump sets steel and aluminum tariffs; Mexico, Canada exempted Trump has also demanded concessions from the European Union and has threatened to hike tariffs on auto imports from Europe. Reuters | March 8, 2018 | 2:14 pm
Why electric vehicles could fracture the nickel market: Andy Home The EV story is a strong, slow-burn bull case for higher nickel prices. Reuters | March 8, 2018 | 12:26 pm
Chile’s Codelco receives approval for $1 bln desalination plant The go-ahead from the Antofagasta region's environmental regulator will allow the company to expand its Radomiro Tomic mine. Reuters | March 8, 2018 | 12:01 pm
South Africa’s mines minister urges speedy resolution on Optimum mine The Optimum coal mine, which has faced a strike by its workers over unpaid salaries, sought protection from creditors on Feb. 20. Reuters | March 8, 2018 | 11:54 am
South Africa’s AngloGold backs Randgold’s negotiations with Congo govt Mining companies operating in the country vigorously oppose new code to be signed into law. Reuters | March 8, 2018 | 3:10 am
Trump set to authorize steel, aluminum tariffs on Thursday White House says not just Canada, Mexico could be excluded. Reuters | March 7, 2018 | 4:51 pm
Congo’s Kabila to sign new mining code soon after meeting with miners The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause. Reuters | March 7, 2018 | 3:11 pm
Kazakh miner ERG revives sale of Congo copper mine ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said. Reuters | March 7, 2018 | 10:43 am
Beny Steinmetz’s mining firm BSGR enters administration to protect itself As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts. Reuters | March 7, 2018 | 10:31 am
