Copper price below $8,000 as slowdown fears mount "Inventories for metals are shrinking to multi-year lows." MINING.COM Staff Writer | July 4, 2022 | 12:35 pm
Banks step up trade finance in global commodities boom Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities. Bloomberg News | July 4, 2022 | 12:06 pm
Epiroc to supply battery-electric equipment to Glencore’s Onaping Depth project Automation solutions will be used at what will be one of the world’s first all-electric mines. Staff Writer | July 4, 2022 | 12:04 pm
Battery makers warn EU that lithium proposal may hurt EV sector The proposal to classify the metal as a reproductive toxin could severely hurt Europe’s burgeoning EV industry, they argued. Bloomberg News | July 4, 2022 | 12:01 pm
Phoenix Copper launches novel bond linked to copper price Phoenix is raising cash to revive production at the Empire copper mine in Idaho. Reuters | July 4, 2022 | 11:41 am
Iron ore price tumbles as China’s demand outlook darkens Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather. MINING.COM Staff Writer | July 4, 2022 | 11:34 am
UK launches critical minerals data centre To be run by the British Geological Survey, the centre will use the data to help to find ways to source minerals needed for green technologies. Cecilia Jamasmie | July 4, 2022 | 6:34 am
Molybdenum, sulphur key to converting CO2 into methanol An efficient, molybdenum-based catalyst is being presented as a solution to turn CO2 from industrial plants into liquid methanol. Staff Writer | July 4, 2022 | 6:06 am
Guinea halts Simandou iron ore project again Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership. Cecilia Jamasmie | July 4, 2022 | 3:58 am