Freeport Indonesia sees output ramping up at Manyar smelter in Q3 next year Freeport was forced to stop copper cathode output at the newly operated smelter after the fire broke at its gas cleaning unit. Reuters | December 4, 2024 | 10:11 am
Rio Tinto lifts 2025 guidance for capex, copper output Across operations, it is projecting 3% compound annual growth from 2024 onward. Reuters | December 4, 2024 | 10:04 am
Mitsubishi Corp loses $90 million in suspected China metal fraud The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house. Bloomberg News | December 4, 2024 | 9:46 am
Biden unveils $600 million in new financing for African railway While in Lobito, Biden toured the port and met with companies investing in the project. Bloomberg News | December 4, 2024 | 7:16 am
Sierra Metals’ Yauricocha mine in Peru reaches full production The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023. Staff Writer | December 4, 2024 | 5:57 am
Rio Tinto unveils lithium resource at Rincon project It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy. Cecilia Jamasmie | December 4, 2024 | 3:43 am
Rio Tinto sells copper mine stake to Sumitomo for $399 million Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia. Bloomberg News | December 3, 2024 | 2:33 pm
Biden to announce millions in African Lobito corridor funding Biden is expected to announce an additional $600 million in financing during his trip to Angola. Reuters | December 3, 2024 | 1:25 pm
Portugal plans to hold delayed lithium tender in 2025 The international tender for lithium prospecting will target six areas in the north and center of the country. Reuters | December 3, 2024 | 12:33 pm
