Iron ore price extends rally on China post-lockdown demand expectations Iron ore production in Asia to peak by 2025, Fitch says. MINING.COM Staff Writer | March 30, 2022 | 9:03 am
Lithium price takes a breather after record run amid buyers resistance The battery-making ingredient is about 500% more expensive than a year ago as demand for electric vehicles has accelerated. Bloomberg News | March 30, 2022 | 8:42 am
Excelsior releases updated PFS on Gunnison, PEA on Johnson Camp The Gunnison project is permitted to produce 125 million lb. of copper cathode a year. Staff Writer | March 30, 2022 | 8:37 am
Samarco fails to reach agreement with creditors Bondholders, that had rejected Samarco's previous proposal, agreed to reconvene on April 1 to vote on the offer. Reuters | March 30, 2022 | 8:33 am
Antofagasta expects high copper prices for next 12 months, CEO says Arriagada also said the company is still looking to develop its Twin Metals project despite the Biden administration's refusal to renew its licenses. Reuters | March 30, 2022 | 8:21 am
Iron ore may see structural shift on lack of new supply, decarbonization The issue is that investments in additional iron ore capacity and upgrading have long lead times, writes Clyde Russell. Reuters | March 30, 2022 | 8:08 am
Glencore to honour pre-existing Russia contracts, no new deals Glencore holds a 10.5% stake in aluminum and hydropower company En+ that in turn is the majority owner of Rusal. Reuters | March 30, 2022 | 7:52 am
FPX Nickel creates new subsidiary focused on carbon capture and storage CO2 Lock is expected to operate as a standalone entity from FPX, and will establish ownership interests in prospective mineral tenures. Staff Writer | March 30, 2022 | 7:50 am
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer. Reuters | March 30, 2022 | 7:48 am