Vanishing LME shadow stocks add to metals market turmoil Exchange stocks of aluminum, copper, lead, nickel, tin, and zinc haven't been this low since the last century, writes Andy Home. Reuters | April 14, 2022 | 8:13 am
Volkswagen reaps unexpected $3.8 billion windfall on nickel price spike The carmaker, hit by a range of component shortages led by semiconductors, also warned of renewed pressure on already fragile supply lines. Bloomberg News | April 14, 2022 | 7:36 am
Petropavlovsk weighs sale of business after Russia sanctions The company has appointed advisers AlixPartners UK to help the board explore options. Reuters | April 14, 2022 | 7:23 am
Transnet declares force majeure on coal contracts, Thungela says Thungela said Transnet "expressed a desire" to terminate its long-term transportation agreements with coal exporters. Reuters | April 14, 2022 | 7:12 am
Barrick’s first-quarter output hurt by Nevada gold mines Company first-quarter production fell 17.7% from the previous three months. Reuters | April 14, 2022 | 7:08 am
Chile heads towards two “lost decades” of copper output growth Chile’s crown as world’s No.1 copper producer is at risk despite the billions of dollars invested in new projects lately, experts warn. Cecilia Jamasmie | April 14, 2022 | 6:13 am
Why end-of-life Li-ion batteries need to be discharged Upon decommissioning, lithium batteries still contain significant amounts of energy which can lead to safety problems for transportation, disposal and recycling. Staff Writer | April 14, 2022 | 6:06 am
Eldorado Gold flags Omicron hit to quarterly production Despite the labour issues, the Canadian miner left its production guidance of 460,000-490,000 ounces of gold for 2022 unchanged. Cecilia Jamasmie | April 14, 2022 | 3:51 am
Rio Tinto exits state mining lobby amid climate rift Rio has left the Queensland Resources Council after the mining lobby group raised concerns on the company's coal expansion plans. Reuters | April 14, 2022 | 3:40 am