Antofagasta expects high copper prices for next 12 months, CEO says Arriagada also said the company is still looking to develop its Twin Metals project despite the Biden administration's refusal to renew its licenses. Reuters | March 30, 2022 | 8:21 am
Iron ore may see structural shift on lack of new supply, decarbonization The issue is that investments in additional iron ore capacity and upgrading have long lead times, writes Clyde Russell. Reuters | March 30, 2022 | 8:08 am
Glencore to honour pre-existing Russia contracts, no new deals Glencore holds a 10.5% stake in aluminum and hydropower company En+ that in turn is the majority owner of Rusal. Reuters | March 30, 2022 | 7:52 am
FPX Nickel creates new subsidiary focused on carbon capture and storage CO2 Lock is expected to operate as a standalone entity from FPX, and will establish ownership interests in prospective mineral tenures. Staff Writer | March 30, 2022 | 7:50 am
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer. Reuters | March 30, 2022 | 7:48 am
South Korea pushes for recycling of rare metals South Korea wants to strengthen its domestic supply chain in the semiconductor and battery sectors. Staff Writer | March 30, 2022 | 6:06 am
Tesla inks secret multi-year nickel supply deal with Vale The deal is one of several the electric vehicles giant has forged over the last year to secure supply of battery metals. Cecilia Jamasmie | March 30, 2022 | 6:03 am
Trudeau climate plan calls for 42% cut in oil and gas emissions Prime Minister Justin Trudeau’s blueprint promises industry a tax credit to help pay for carbon-capture projects, but doesn't set cap on the fossil-fuel sector. Bloomberg News | March 30, 2022 | 4:38 am
Congo halts court case against China Moly’s Tenke mine Government said it had laid out “a road map to exit the crisis, along with a timeline" for the two sides to come to an agreement. Cecilia Jamasmie | March 30, 2022 | 3:47 am