Polyus posts 2023 profit jump on higher output, gold prices Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales. Reuters | February 29, 2024 | 6:54 am
Chinese outbound investment in EVs likely set new record in 2023 Chinese firms put $28.2 billion into EV-related industries last year. Reuters | February 29, 2024 | 6:47 am
India launches second part of critical minerals auction worth $362 billion A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country. Reuters | February 29, 2024 | 6:44 am
Nickel-based electrode material opens doors to cobalt-free batteries A new nickel-based electrode material opens new avenues to cobalt-free batteries for electric vehicles. Staff Writer | February 29, 2024 | 6:06 am
SQM profit down 82% as lithium prices slide The company said it expected lithium sales volumes to increase 5%-10% this year. Reuters | February 28, 2024 | 4:52 pm
Diamond producers warn of pitfalls in G7’s Russia gem ban Russia is the biggest global supplier of uncut diamonds by volume. Henry Lazenby | February 28, 2024 | 3:02 pm
BHP launches major worldwide restructuring, AFR reports The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations. Bloomberg News | February 28, 2024 | 2:55 pm
South32 to sell Illawarra project for $1.65 billion CEO Graham Kerr said the deal will streamline the company's portfolio and unlock capital to invest in development projects in copper and zinc. Reuters | February 28, 2024 | 1:48 pm
Lithium investors are looking beyond price plunge, Chile minister says Chile’s government expects to lay out by March the broad terms of lithium contracts to be offered under a new public-private partnership model. Bloomberg News | February 28, 2024 | 11:49 am
