Lead sellers caught short by Shanghai delivery rule change Would-be sellers of battery metal lead on the Shanghai Futures Exchange have been forced to search for overseas supplies. Reuters | August 22, 2024 | 7:23 am
Patriot Battery targets 400,000 t/y at Quebec lithium project Patriot plans to make a final investment decision by 2027, begin construction in 2028, and start production in early 2029. Staff Writer | August 22, 2024 | 5:30 am
Lucara finds world’s 2nd largest diamond ever mined The “epic” diamond, as Lucara put it, was detected thanks to a special recovery technology, installed in 2017. Cecilia Jamasmie | August 22, 2024 | 4:03 am
Whitehaven Coal to sell 30% Blackwater mine stake to Nippon Steel, JFE Nippon Steel and JFE Steel will buy 20% and 10% stakes respectively. Reuters | August 21, 2024 | 4:05 pm
Northvolt’s $20 billion battery plan suffers summer of setbacks On Tuesday, the Swedish electric-vehicle battery maker closed down a Californian unit, Cuberg, that it acquired only three years ago. Bloomberg News | August 21, 2024 | 3:10 pm
Wild first half for metals drives big jump in LME earnings HKEX said core earnings from its commodities unit jumped by 82% from a year earlier. Bloomberg News | August 21, 2024 | 2:19 pm
Chilean court orders halt of union roadblocks at Caserones mine The court also banned bus stops and inspections that the company claims are carried out by the strikers. Reuters | August 21, 2024 | 1:20 pm
Missouri court sends Doe Run Peru lead poisoning case to trial in US A Missouri district court has greenlit litigation first filed 17 years ago by more than 1,400 Peruvian nationals against US billionaire mining industrialist Ira Rennert and his holding company. Amanda Stutt | August 21, 2024 | 1:03 pm
Santacruz updates reserves for Bolivian silver-zinc assets The Bolivian assets were acquired by Santacruz in late 2021 from Glencore in a deal worth over $102 million. Staff Writer | August 21, 2024 | 11:15 am