EU, US to align global minerals push against China’s supply grip The aim is to combine the EU’s high-level policy approach with the US focus on specific projects, Bloomberg sources said. Bloomberg News | February 9, 2024 | 2:04 pm
Syrah starts active anode material production in Louisiana This makes the graphite miner the first commercial-scale vertically integrated natural graphite AAM supplier outside China. Staff Writer | February 9, 2024 | 9:53 am
AI-powered Zambian copper mine may become world’s third largest KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade. Bloomberg News | February 9, 2024 | 8:29 am
Nornickel’s 2023 profit slumps 51% on falling metal prices Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs. Reuters | February 9, 2024 | 7:54 am
Green shoots for copper, nickel, zinc, aluminium prices Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle. Frik Els | February 8, 2024 | 4:20 pm
Canada Nickel plans to raise $1 billion for processing plant The processing plant in Ontario is expected to begin production in 2027 and process 80,000 tonnes of nickel annually. Reuters | February 8, 2024 | 10:03 am
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals. Reuters | February 8, 2024 | 9:44 am
Indonesia’s metals giant Mind ID seeks bids for $2 billion loan The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt. Bloomberg News | February 8, 2024 | 7:07 am
Congo artisanal cobalt monopoly can launch in months, CEO says Entreprise Generale du Cobalt will soon launch pilot sites around the town of Kolwezi. Bloomberg News | February 8, 2024 | 7:04 am