Coal India to open big, new mine this year to fight power crisis Production would initially start in the October to December quarter at an annualized rate of about 2 to 5 million tonnes. Reuters | May 24, 2022 | 10:27 am
Copper price dips as investors fear economic slowdown "Recent consumption run rates imply copper and aluminum shifted into surplus globally in April," analysts at Citi said. MINING.COM Staff Writer | May 24, 2022 | 9:59 am
Peru communities protesting Las Bambas mine to meet President Castillo Las Bambas, which supplies 2% of global copper, suspended operations on April 20 due to the protests. Reuters | May 24, 2022 | 9:24 am
Glencore charged with bribery in London, pleads guilty in the US The mining and commodities trader pled guilty to bribery charges as part of settlements with authorities in the US and UK. Cecilia Jamasmie | May 24, 2022 | 8:32 am
Column: Europe’s aluminum output slides as energy crunch bites Europe's primary aluminum smelters are continuing to curtail production in the face of soaring energy costs. Reuters | May 24, 2022 | 8:27 am
India’s top mining, steel groups warn of adverse impact from export duty hikes The government announced on Saturday that export tariffs on new iron ores and concentrates would be raised to 50% from 30%. Reuters | May 24, 2022 | 8:04 am
Hunt for lithium sparks frantic rush into Argentine mountains Argentina has 13 lithium projects in the pipeline, more than any other country. Bloomberg News | May 24, 2022 | 7:52 am
Albemarle boosts outlook with battery demand surging The company expects sales from $5.8 billion to $6.2 billion this year, up from its previous estimate of $5.2 billion to $5.6 billion. Bloomberg News | May 24, 2022 | 7:39 am
Mopani plans to resume cobalt production as prices rise Accelerating sales of electric vehicles have fueled a scramble for nickel, cobalt and lithium. Reuters | May 24, 2022 | 7:21 am