Graphic: Demand headwinds mean no respite in pressure on aluminum prices Benchmark aluminum on the LME fell to a five-week low on Wednesday. Reuters | August 16, 2023 | 8:25 am
Teck and Norden team up to reduce carbon emissions The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO2. Staff Writer | August 16, 2023 | 8:23 am
A year into Biden’s climate agenda, the price tag remains mysterious Organizations like Bloomberg Green put a price tag of about $370 billion on the climate-spending measures. Bloomberg News | August 16, 2023 | 7:55 am
CATL’s new fast power pack to tackle range anxiety New cell can charge to a range of 400 kilometers in just 10 minutes. Bloomberg News | August 16, 2023 | 7:47 am
HKEX remains committed to LME – CEO The metal industry has speculated whether HKEX might sell either the LME or its clearing house, LME Clear, after a chaotic period last year. Reuters | August 16, 2023 | 7:44 am
Indonesia’s Jokowi calls on successor to continue commodity downstreaming A presidential election is due on Feb. 14 and the elected candidate will be sworn into office in October next year. Reuters | August 16, 2023 | 7:38 am
Citi buys large amounts of zinc for lucrative LME warehouse deal Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore. Reuters | August 16, 2023 | 7:33 am
‘Planting’ rocks in global croplands could turn them into major carbon sinks — study Up to 217 gigatons of carbon could be sequestered by applying enhanced rock weathering to all agricultural fields in the world. Staff Writer | August 16, 2023 | 5:05 am
Chaarat Gold sells Kapan mine in Armenia for $54.5 million Chaarat will focus now on developing its two Kyrgyz assets, particularly the Tulkubash open pit gold project. Cecilia Jamasmie | August 16, 2023 | 3:49 am