Cochilco cuts copper price projection for 2023 to $3.70/lb The agency in July had estimated a copper price of $3.95 per pound in 2023. Reuters | December 14, 2022 | 10:02 am
UK’s largest money laundering prosecution heads for a retrial Prosecutors said gold bars and grain were purchased using the laundered funds for ultimate export to Dubai. Bloomberg News | December 14, 2022 | 9:55 am
US ‘battery belt’ widens with $3.5 billion Redwood Materials plant Redwood said it will build a $3.5 billion battery materials campus in Ridgefield. Bloomberg News | December 14, 2022 | 9:45 am
Global nickel market surplus dips to 15,200 tonnes in Oct – INSG During the first 10 months of the year, the global market was in a surplus of 78,300 tonnes compared with a deficit of 163,600 tonnes in the same period of 2021. Reuters | December 14, 2022 | 9:18 am
Frontier Lithium’s drilling at Spark pegmatite returns robust grades Spark is on the PAK property in Ontario, said to contain one of North America's highest-grade lithium resources. Staff Writer | December 14, 2022 | 9:06 am
Trafigura to pilot sustainable supply chain finance program for Mexican miners The company is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico. Staff Writer | December 14, 2022 | 8:47 am
Tesla isn’t having the epic end to the year Elon Musk predicted The ebullient outlook the CEO offered during the carmaker’s last earnings call has given way to price and production cuts in China. Bloomberg News | December 14, 2022 | 8:14 am
Vulcan Energy delays lithium output target by a year Company is around a year behind schedule to reach an annual capacity of 40,000 t because of supply chain delays. Reuters | December 14, 2022 | 7:40 am
Gates, Bezos-backed KoBold Metals to build copper-cobalt mine in Zambia The Mingomba deposit hosts average copper grades about six times higher than those found in Chile, the world’s top producer. Cecilia Jamasmie | December 14, 2022 | 6:16 am
