Sibanye CEO says may close metals streaming deal in third quarter
The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices.
The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices.
The South African coal miner and Anglo equally own the Moranbah South metallurgical coal project in Queensland.
The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years).
A copper trader who has long been one of the most bullish voices in the market, Kostas Bintas will start next week at Mercuria.
Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia.
The US Geological Survey reports supply from copper mines in 2023 amounted to only 22 million tonnes. If the copper supply doesn’t grow this year, we are looking at a 6Mt deficit.
Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.
Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.
"Demand growth has not been matched by price growth," Lynas CEO Amanda Lacaze said.
Morocco is rich in phosphate resources, key to making LFP cells.