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
Anglo American posts 24% rise in annual copper output The company left its 2024 copper output guidance at 730,000-790,000 tons. Reuters | February 8, 2024 | 9:59 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
Capstone raises $265 million to advance Chilean copper projects Proceeds will go towards the Mantoverde optimized project and Santo Domingo detailed engineering. Staff Writer | February 8, 2024 | 9:11 am
Palladium price drops below platinum for first time in five years Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, accounting for 80% of demand, to start replacing it with cheaper platinum in autocatalysts. Staff Writer | February 8, 2024 | 8:30 am
Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers. Reuters | February 8, 2024 | 7:15 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
US to commit more funds to African rail link for metal exports The United States will provide more funds for the construction of the Lobito Corridor. Reuters | February 8, 2024 | 6:57 am
