Nornickel cuts nickel production by 10% y/y in Q1 The company confirmed its 2024 production forecast, expecting nickel production to fall to 184,00-194,000 tons. Reuters | April 22, 2024 | 6:03 am
Copper price hones in on $10,000/t as supply angst continues Copper climbed as much as 1.1% early Monday to reach $9,988 a ton. Bloomberg News | April 22, 2024 | 5:59 am
Huayou cuts lithium production, costs on battery metals rout The Chinese firm said its inventory levels for lithium products expanded by more than 3,900% last year. Bloomberg News | April 22, 2024 | 5:51 am
Sandvik’s Q1 core profit falls more than expected Operating profit before amortization and items affecting comparability was 5.28 billion crowns, versus 6.12 billion a year earlier. Reuters | April 22, 2024 | 5:38 am
Copper demand to boom as new technology drives power consumption, Trafigura says It is estimated that one third of the 10 million tons of new demand would come from the electric vehicle sector. Reuters | April 22, 2024 | 5:31 am
Nornickel moves closer to biggest buyer with plan for copper plant in China The Russian firm will close its Arctic copper plant and build one in China with an unnamed partner. Reuters | April 22, 2024 | 5:23 am
BHP aims to receive first ammonia-fuelled bulk carrier in 2026 BHP also plans to use bio-blended fuels for bunkering regularly to meet Europe's shipping emissions requirements. Reuters | April 22, 2024 | 5:14 am
Ever heard of goldene? Sheets of gold only a single atom layer thick create a new material called goldene. Staff Writer | April 22, 2024 | 5:14 am
Adriatic Metals takes over as operator of Bosnian silver mine The Rupice deposit is part of Adriatic's recently opened Vares silver mine, the first operation to open in Europe in over a decade. Cecilia Jamasmie | April 22, 2024 | 5:04 am
