Copper price gains but China’s weak activity weighs China signaling weak activity capped gains as the market looked ahead to the US inflation. MINING.COM Staff Writer | April 11, 2023 | 9:55 am
General Motors to invest $50 million in lithium startup EnergyX The Texas-based company is developing a more efficient method to extract lithium from salt flats. MINING.COM Staff Writer | April 11, 2023 | 9:38 am
Western Copper confirms $1.7 million investment by Rio Tinto to maintain stake The investment allows Rio to maintain its approximate 7.84% interest. Staff Writer | April 11, 2023 | 9:05 am
More than half of aluminum in LME warehouses produced in Russia The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine. Reuters | April 11, 2023 | 7:53 am
Kazatomprom sees clients switching from Russia Some nuclear plants in Europe, which previously sourced uranium from Russia, are seeking contracts from 2025, Kazatomprom CEO said. Bloomberg News | April 11, 2023 | 7:33 am
Subsidiary of Gecamines secures $75 million to build new unit STL will produce copper cathodes, cobalt hydroxide, a germanium precipitate, silver concentrate and zinc oxides. Reuters | April 11, 2023 | 7:25 am
Glencore sweetens offer for Teck with $8.2bn cash incentive Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil. Cecilia Jamasmie | April 11, 2023 | 5:53 am
Copper-based solution captures CO2, stores it in the ocean An engineering researcher at Lehigh University has developed a novel way to capture carbon dioxide from the air. Staff Writer | April 11, 2023 | 5:05 am
Glencore to offer lithium batteries recycling services in Spain and Portugal It has partnered with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer battery recycling services. Cecilia Jamasmie | April 11, 2023 | 5:03 am