Mining lithium in abandoned oil fields for tomorrow’s EVs Several upstart miners have bought land rights to nearby abandoned oil fields in Canada and begun developing extraction technology of their own. Bloomberg News | April 20, 2023 | 10:14 am
Alcoa CEO warns Russian aluminum will overwhelm LME warehouses Roy Harvey said aluminum from Russia now accounts for 53% of the total stockpiles in global LME warehouses. Bloomberg News | April 20, 2023 | 9:55 am
Gold price above $2,000 on softer US economic data "For gold to make that run back to record highs, you need the June rate hike completely off the table," analyst says. Staff Writer | April 20, 2023 | 9:10 am
CATL first quarter revenue surges as battery giant cements lead Company reported an 83% jump in revenue that well outdid market expectations. Bloomberg News | April 20, 2023 | 8:03 am
Hochschild reports 35% fall in annual profit The London-listed company reported an adjusted core profit of $249.6 million as compared to $382.8 million it reported last year. Reuters | April 20, 2023 | 7:59 am
Antofagasta CEO sees global copper supply shortfall this year, volatile prices Ivan Arriagada said fears of a global recession remain, but he expect a "soft landing" as long as Chinese demand held up. Reuters | April 20, 2023 | 7:54 am
Canadian dealmakers expect low-carbon shift will drive mining M&A Mining deals with any Canadian involvement hit $29.5 billion in the first few weeks of the second quarter of this year. Reuters | April 20, 2023 | 7:41 am
Tesla to feel commodity cost pain until second half of 2023 A recent pullback in commodity prices will aid Tesla Inc's bruised margins only in the second half of the year. Reuters | April 20, 2023 | 7:36 am
Sigma prepares first Brazil lithium shipment for LG Energy Solution Sigma started production at the Grota do Cirilo lithium mine in the state of Minas Gerais earlier this week. Reuters | April 20, 2023 | 7:17 am