Column: Study Group has a sobering message for copper bulls There's no shortage of copper, according to the International Copper Study Group (ICSG), which has just updated its supply and demand forecasts. Reuters | September 30, 2024 | 10:21 am
JSW currently not interested in taking over any PGG coal deposits If there are no extraordinary events, the company's board maintains its coal production goal for 2024 at 12.45 million tonnes. Reuters | September 30, 2024 | 10:11 am
Global aluminum market seen closer to balance in 2025, Rusal says Rusal, responsible for 5.5% of global aluminum supply, has been increasing deliveries to China. Reuters | September 30, 2024 | 10:07 am
Sinomine says it will build lithium sulfate plant in Zimbabwe The company's Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money. Bloomberg News | September 30, 2024 | 10:01 am
China coal hub could lead its energy transition, researchers say Inner Mongolia already has 88 gigawatts of wind and solar capacity, with another 170 gigawatts in the pipeline. Bloomberg News | September 30, 2024 | 9:57 am
Savannah Resources delays start of Portuguese lithium production to 2027 Savannah said it now expects to deliver its definitive feasibility study in the second half of 2025. Reuters | September 30, 2024 | 9:46 am
Thor Explorations denies allegations of tax evasion in Nigeria The state of Osun alleges that the company has dodged over 3.25 billion Nigerian naira (approximately $1.9 million) in taxes. Staff Writer | September 30, 2024 | 9:15 am
BHP projects copper demand to rise by 1 million tonnes annually until 2035 The company estimates that $250 billion in investment will be required over the next decade to address the widening gap between copper supply and demand. Staff Writer | September 30, 2024 | 8:19 am
Iron ore futures surge to nearly 3-month high on China’s fresh property stimulus China's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31. Reuters | September 30, 2024 | 7:57 am