Lithium supply surplus set to stay with battery makers’ help Global lithium surpluses expected to persist through 2027. Reuters | December 10, 2024 | 7:26 am
Nornickel says sees global nickel surplus of 150,000t in 2024-2025 The company said it expects the palladium market to reach balance in 2025. Reuters | December 10, 2024 | 7:16 am
Gold price could extend record run into 2025, Heraeus says Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025. Reuters | December 10, 2024 | 7:11 am
Polyus says sanctions will double cost of Siberian gold deposit The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions. Reuters | December 10, 2024 | 7:07 am
South32 pulls Mozambique smelter forecast amid unrest Transport of raw materials to Mozal Aluminum is currently being blocked by Presidential election-related civil unrest. Cecilia Jamasmie | December 10, 2024 | 3:57 am
Nippon Steel makes final push to win over US workers Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts. Bloomberg News | December 9, 2024 | 5:30 pm
Anglo American’s El Soldado mine faces charges for environmental breaches in Chile Anglo subsidiary faces possible revocation of its environmental permit, closure or a fine of over $12 million if it does not address the issues. Staff Writer | December 9, 2024 | 4:27 pm
Jaguar Mining stock plunges after tailings pile slump forces Brazil mine shutdown Jaguar expects a return to production to be no shorter than one month. Staff Writer | December 9, 2024 | 2:55 pm
Copper price jumps on China policy, but we’ve been here before Copper looked ready to test record highs in September after a Beijing bazooka, but a new report says the deep malaise of Chinese construction trumps all else. Frik Els | December 9, 2024 | 2:19 pm