Tesla, GM follow own shareholders with push into lithium miners Investors and car makers continue to bet on lithium miners, wagering that a shift toward EVs will become a permanent trend. Bloomberg News | March 7, 2023 | 9:15 am
Major copper producers unveil plan to reach net zero emissions by 2050 The International Copper Association's (ICA) roadmap has set a target for members to cut emissions by 30% to 40% by 2030. Reuters | March 7, 2023 | 9:08 am
Lynas gets $134 million funding from Japan to boost output Under the new deal, Japan will receive priority supply rights over Lynas's growth capacity until 2038. Reuters | March 7, 2023 | 7:53 am
Scientists work on solid-state battery that uses fewer ‘problem’ metals Researchers have developed a new strategy to build solid-state batteries that are less dependent on specific chemical elements, particularly expensive metals with supply chain issues. Staff Writer | March 7, 2023 | 6:06 am
Fresnillo halves dividend as inflation hits profit The world’s top silver producer and Mexico’s largest gold miner declared a dividend of 13.3 cents per share, down 51% from a year prior. Cecilia Jamasmie | March 7, 2023 | 5:59 am
Sibanye-Stillwater secures controlling stake in New Century Resources The precious metals miner now controls nearly 71% of New Century Resources, for which it launched an unsolicited takeover bid in February. Cecilia Jamasmie | March 7, 2023 | 3:23 am
Cobalt market saw record-breaking supply boom in 2022 Mined cobalt supply grew by 23% to 187,060 tons in 2022, in a supply swell that wiped out a large deficit seen in 2021. Bloomberg News | March 6, 2023 | 4:45 pm
Rio Tinto settles US bribery case linked to Simandou mine Allegations related to the company’s efforts to retain valuable mining rights in Guinea in 2011. Bloomberg News | March 6, 2023 | 4:11 pm
BHP CEO says he is optimistic about Chinese economy this year BHP last month reported a steeper-than-expected 32% fall in first-half profit. Reuters | March 6, 2023 | 3:26 pm