Giant Chile mines are struggling just as world needs more copper Chile, which accounts for a quarter of the world’s mined copper, posted its lowest monthly production in six years on Friday. Bloomberg News | March 31, 2023 | 10:43 am
Codelco’s 2022 pretax profit slumps 63% The world's largest copper producer said its yearly production is down 10.6%. Reuters | March 31, 2023 | 9:29 am
Generation Mining’s updated Marathon feasibility shows strong economics The company recently finalized an offtake agreement with Glencore. Staff Writer | March 31, 2023 | 9:20 am
Column: Tin’s bull flames doused by weak electronic goods demand Tin may not stay off the radar for too long. Reuters | March 31, 2023 | 8:12 am
Biden makes electric vehicle credits elusive in bid for US auto renaissance The guidance released Friday clarifying provisions of the IRA will leave few EVs eligible for up to $7,500 credits as of April 18. Bloomberg News | March 31, 2023 | 8:03 am
Chinese lithium producers set price floor as demand evaporates – sources The move would come as prices plunge on a significant slowdown in demand for EVs in China. Reuters | March 31, 2023 | 7:46 am
South Africa pushes to delay coal plant closures With blackouts often exceeding 10 hours a day, the government is under pressure to hold on to whatever generation capacity it has. Bloomberg News | March 31, 2023 | 7:39 am
Illegal Amazon miners are expanding into copper as prices surge Earlier this month, agents dismantled illicit mines in Canaa dos Carajas, near Vale’s Sossego mine. Bloomberg News | March 31, 2023 | 7:33 am
Mercedes-Benz is “able and willing” to invest capital in mining – CEO The company has opened up a raw materials office in Canada to further discussions in the region on sourcing raw materials. Reuters | March 31, 2023 | 7:25 am