Oil driller Pioneer is trying to mine lithium from dirty fracking water The company is testing whether it’s feasible to extract minerals from the large amounts of dirty water generated by drilling in the Permian Basin. Bloomberg News | August 2, 2023 | 12:11 pm
Over 20m tonnes of copper demand could be destroyed through 2030 New research lays out scope of substitution and thrifting of copper as automakers and other manufacturers find ways to head off a supply crunch. Frik Els | August 2, 2023 | 11:17 am
Almonty advances Sangdong tungsten mine in South Korea Engineering and civil works are advancing and detailed plans for the crusher and stockpile were completed. Staff Writer | August 2, 2023 | 10:40 am
Jaguar Mining buys IAMGOLD’s Brazilian assets for $9 million Jaguar's principal operating assets are currently all located within the Iron Quadrangle, a prolific greenstone belt in Minas Gerais. Staff Writer | August 2, 2023 | 9:00 am
Weak China manufacturing, lack of stimulus push copper prices down China’s manufacturing activity dropped for a fourth consecutive month in July. Staff Writer | August 2, 2023 | 8:02 am
Column: China’s weak PMI means good news for commodities, for now China’s manufacturing activity dropped for a fourth consecutive month in July. Reuters | August 2, 2023 | 7:50 am
Trafigura’s $600 million cobalt play faces cash crunch in Congo Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud. Bloomberg News | August 2, 2023 | 7:42 am
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
World battles to loosen China’s grip on vital rare earths for clean energy transition Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. Reuters | August 2, 2023 | 7:18 am