Lithium price rout deepens with battery metal now down 75% this year Chinese prices of lithium carbonate are down 20% so far this month. Bloomberg News | November 23, 2023 | 6:56 am
Millennial leader takes over broke and crime-wracked Ecuador The 35 year-old president, Daniel Noboa, faces a country where voters recently backed a referendum to restrict gold and copper mining. Bloomberg News | November 23, 2023 | 5:22 am
China shifts approach to fatal coal mining accidents to ensure supply security In recent times, the prospect of a round of safety inspections in a mining hub like Shanxi would have fueled concerns over disruptions to output. Bloomberg News | November 22, 2023 | 5:53 pm
Giant lithium deposit in DRC sparks boardroom battle The Manono project in the Democratic Republic of Congo has the potential to be one of the world’s largest sources of the battery metal. Bloomberg News | November 22, 2023 | 9:45 am
China allows a trickle of critical minerals exports ahead of graphite curbs China exported small amounts of two minerals crucial to high-tech manufacturing in October. Bloomberg News | November 22, 2023 | 9:18 am
Base metal markets across LME are showing signs of surplus Spot prices for the six key metals that dominate trading on the LME are all at a discount to futures. Bloomberg News | November 22, 2023 | 7:58 am
Investors with $11 trillion back plan to reform mining industry Investors include California State Teachers’ Retirement System and Legal & General Investment Management. Bloomberg News | November 21, 2023 | 4:18 pm
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