South Africa’s QGC secures $1 billion for push into green metals The company plans to develop deposits of metals such as lithium, copper and nickel in southern and eastern Africa. Bloomberg News | October 20, 2023 | 9:14 am
Gold price nearing $2,000/oz as Middle East turmoil feeds safe haven demand Since the onset of the Hamas-Israel conflict, bullion has added nearly $200 an ounce. Staff Writer | October 20, 2023 | 9:11 am
Challenge for world’s biggest robot trains is going electric Rio Tinto is preparing for trials of battery-powered locomotives in Australia. Bloomberg News | October 20, 2023 | 9:03 am
China’s state reserve expected to buy 3,100t of cobalt – sources Five major cobalt suppliers attended meetings held in Beijing this week to discuss prices and volumes of the purchases. Reuters | October 20, 2023 | 8:53 am
Boliden’s profit falls as lower prices, grades weigh Shares in the group fell 29% year-to-date. Reuters | October 20, 2023 | 8:47 am
EU, US could agree on critical minerals despite steel failure, says France The European Union and the United States could reach a deal on critical minerals over the coming weeks or months. Reuters | October 20, 2023 | 8:39 am
China to tighten exports of key battery material graphite The world's top producer will require export permits for some products from December 1 to protect national security. Reuters | October 20, 2023 | 8:25 am
Japan’s JFE Steel eyes stake in Teck’s coal business – sources JFE Steel holds 15% equity in India's JSW Steel, which was also exploring an investment in Teck's coal business. Reuters | October 20, 2023 | 8:18 am
Brazil’s J&F to invest more than $1 billion in mining assets bought from Vale Since taking over the mines, J&F has managed to double its 2021 production to 4 million tons of ore. Reuters | October 20, 2023 | 8:09 am
