Eight-year dam delay hinders Indonesia’s move away from coal Powered by five dams, Kayan Cascade would be the biggest hydropower plant in Southeast Asia. Bloomberg News | October 17, 2022 | 8:59 am
Iron ore price slides as Chinese president stresses zero-covid stance The environment is still not optimistic and the industry faces a “severe market situation”, the China Iron & Steel Association warned. MINING.COM Staff Writer | October 17, 2022 | 8:43 am
Copper price down as demand uncertainty offsets supply woes Chinese President Xi Jinping reiterated the country's covid-19 stance during his speech at the Communist Party Congress on Sunday. MINING.COM Staff Writer | October 17, 2022 | 8:27 am
Gold price rebounds as dollar, yields pull back Gold prices have fallen 20% since scaling above the key $2,000 per-ounce level in March. Staff Writer | October 17, 2022 | 8:04 am
Divisive startup kingpin doubles down on EVs to undercut Musk India's EV market is expected to reach more than $150 billion by the end of the decade. Bloomberg News | October 17, 2022 | 7:50 am
Posco’s bold battery materials push dimmed by new US energy bill By 2030, the Seoul-based steel giant forecasts it will have a production capacity of around 605,000 tons for cathode-active materials. Bloomberg News | October 17, 2022 | 7:35 am
Miners’ losses mount as ports strike drags on in South Africa Negotiations to reach a pay deal have been unsuccessful, even after the government and an arbitration body joined the discussions between Transnet and its biggest labor unions. Bloomberg News | October 17, 2022 | 7:27 am
Aluminum price drops on jump in LME stocks and Russian metal Metal industry sources say there is concern that Rusal will be unable to sell its metal and will deliver it into the LME system. Reuters | October 17, 2022 | 7:17 am
Barrick closer to building $7bn copper project in Pakistan All the documents needed to start building are approved by president Arif Alvi and filed with the supreme court. Cecilia Jamasmie | October 17, 2022 | 7:11 am