Panama and First Quantum agree on details for copper mine contract The new contract guarantees a minimum annual income of $375 million to the Central American government. Reuters | March 8, 2023 | 7:29 am
Battery bonanza is being sparked by coal’s exit in Australia Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy. Bloomberg News | March 8, 2023 | 5:52 am
One year after nickel fiasco, LME left with multiple headaches The 146-year old exchange is fighting to mend its reputation amid a host of lawsuits, vigorous action by regulators and struggling volumes. Reuters | March 8, 2023 | 5:25 am
Platinum deficit in 2023 to be deeper than expected – WPIC Power supply risks, operational challenges limit supply growth. Reuters | March 8, 2023 | 5:18 am
Scientists synthesize rare earth element key for biomedical research Ireland-based researchers have developed a method for the synthesis of cerium, a rare earth mineral that holds promise for the treatment of diseases associated with inflammation, including cancer. Staff Writer | March 8, 2023 | 5:10 am
New Century recommends $95m buyout offer from Sibanye-Stillwater Sibanye-Stillwater last month launched an unsolicited takeover bid of A$1.10 cash per share. Reuters | March 7, 2023 | 3:13 pm
Vale teams up with University of Toronto to power next generation critical mineral projects Vale will contribute an initial $1.1 million to the University, with a focus on decarbonization and the energy transition economy. Staff Writer | March 7, 2023 | 12:55 pm
“Lithium OPEC” in South America could drive away investment, says Sigma Lithium CEO Argentina, Chile, Bolivia and Brazil would cooperate to expand their processing capacity, open battery plants and make EVs locally. Bruno Venditti | March 7, 2023 | 10:24 am
LME faces further legal action in London court The exchange is facing further legal action in London by a company called Double Eight Ltd. Reuters | March 7, 2023 | 10:09 am