Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla Indonesia has been trying to attract EV makers to invest in the country, enticing them with its rich nickel reserves. Reuters | July 25, 2023 | 8:52 am
Iron ore price rises on China stimulus pledge A meeting of China’s top decision-making body flagged more help for commodities. MINING.COM Staff Writer | July 25, 2023 | 8:49 am
CATL’s profit soars 63% amid EV sales boom Record quarterly sales for top customer Tesla helped propel the Fujian-based company’s profit growth. Bloomberg News | July 25, 2023 | 8:24 am
The little known metals giant that rules a global market When China’s Vital Materials bought up a $600 million stockpile of critical minerals in early 2020, it barely raised an eyebrow outside the niche world of minor metals. Bloomberg News | July 25, 2023 | 8:13 am
Kumba Iron Ore builds up stockpiles as rail woes worsen Kumba's profit in the six months through June declined 17% due to the rail challenges and softer prices. Reuters | July 25, 2023 | 7:39 am
UN watchdog delays deep-sea mining to 2024 The Council of the International Seabed Authority ruled out any immediate permission for mining to begin. Reuters | July 25, 2023 | 7:36 am
Huayou Cobalt boosts nickel capacity in Indonesia Huayou also said on Tuesday that its mining unit Huayou International Mining plans to buy a 50.15% stake in privately owned Perlux Limited. Reuters | July 25, 2023 | 7:28 am
De Beers $2.3bn Venetia mine expansion yields first diamonds De Beers stopped its 30-year open pit mining operations at Venetia last year to transition to the underground section of the mine. Cecilia Jamasmie | July 25, 2023 | 5:55 am
Aluminum foil boosts development of batteries for next-gen long-range vehicles US-based researchers have addressed aluminum’s fundamental issues as a battery anode. Staff Writer | July 25, 2023 | 5:05 am