Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note. Reuters | April 24, 2024 | 7:53 am
China coal prices have bottomed, will surpass 2023 highs, industry group says Demand for the fuel has been hit by a slowdown in the cement industry. Reuters | April 24, 2024 | 7:51 am
Dalian Commodity Exchange adjusts trading limits after iron ore price rally The statement came after iron ore futures prices rose by more than 3% in day trading. Reuters | April 24, 2024 | 7:41 am
Guinea’s bauxite production increases for third consecutive year The West African nation's bauxite production rose over 19% year-on-year in 2023 to about 123 million metric tons. Reuters | April 24, 2024 | 7:29 am
Codelco defends lithium deal ahead of SQM shareholder meeting Initially, the Chilean state will get an estimated 70% of proceeds from new production, rising to 85% from 2031. Bloomberg News | April 24, 2024 | 7:10 am
First Quantum could remove copper from Panama mine after election, CEO says Panama goes to polls in May this year. Reuters | April 24, 2024 | 7:01 am
Standard Lithium commissions North America’s largest commercial-scale DLE equipment The lithium developer recently installed a commercial-scale DLE column at its demonstration plant near El Dorado, Arkansas. Staff Writer | April 24, 2024 | 7:00 am
China’s silico-manganese futures near 7-month high after South32 export suspension South32 said on Monday it would take about a year to restart manganese ore exports from Australia. Reuters | April 24, 2024 | 6:06 am
E-haul trucks could result in major savings for miners but adoption is slow – report A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages. Staff Writer | April 24, 2024 | 6:06 am