Samarco obtains extended creditor protection Samarco filed for bankruptcy protection in April after failing to restructure 50 billion reais ($9.06 billion) in debt. Reuters | October 11, 2021 | 10:02 am
Ganfeng raises lithium metal prices amid power crunch The Chinese company also cited higher costs for raw materials such as lithium carbonate for the price increase. Reuters | October 11, 2021 | 9:57 am
Rock Tech Lithium to build $544 million plant in Brandenburg The plant will be in the town of Guben, a roughly 90-minute drive from where Tesla is building its gigafactory. Reuters | October 11, 2021 | 9:49 am
Aluminum price hits 13-year high as energy surge pressures supply Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008. Bloomberg News | October 11, 2021 | 9:13 am
Copper bulls get electric shock as world’s factories slow down Bank of America said $20,000 could be possible if major supply-side issues arose simultaneously. Bloomberg News | October 11, 2021 | 8:59 am
China coal futures surge to record as flooding swamps mining hub Floods have closed 60 of the 682 coal mines in Shanxi province, which has produced 30% of China’s supply of the fuel this year. Bloomberg News | October 11, 2021 | 8:54 am
Codelco raises Europe copper premium by 31% in bullish signal Codelco offered to supply copper to European customers at a $128 premium over futures next year. Bloomberg News | October 11, 2021 | 8:42 am
Billionaire Forrest plans green energy factory to rival China Fortescue’s energy unit will build a plant with initial capacity to make two gigawatts of electrolyzers a year in Gladstone, Queensland. Bloomberg News | October 11, 2021 | 8:39 am
Iron ore price surge is latest spike to fuel inflation fears Iron ore has suddenly gone from commodity laggard to a top performer. Bloomberg News | October 11, 2021 | 8:29 am
