Global commodity trading profits topped $100 billion for second-best year everWhile earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.Bloomberg News | March 18, 2024 | 7:57 am
Indonesia says Vale to build another $2bn HPAL plantPT Vale Indonesia is exploring a potential investment in a…Reuters | March 18, 2024 | 7:38 am
Copper price surges on supply threat as iron ore shows economic risksPrices for two of the world’s most important mined commodities…Bloomberg News | March 15, 2024 | 7:14 am
India passes law allowing auction and mining of lithium reserves Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium. Reuters | August 2, 2023 | 7:08 am
Barrick reiterates 2028 first production for Reko Diq project in Pakistan The project has been over a decade in the making and is said to boast world’s largest undeveloped copper-gold deposits. Staff Writer | August 1, 2023 | 12:02 pm
Indonesia’s EV mission will be trickier than just mining nickel President Joko Widodo flew to China last week with his EV dreams high on the agenda. Bloomberg News | July 31, 2023 | 7:15 am
One big gold seller among central banks has even more to offload Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves. Bloomberg News | July 31, 2023 | 12:29 am
The mining world turns to Saudi cash for critical metal supply Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals. Bloomberg News | July 30, 2023 | 11:32 am
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets. Reuters | July 30, 2023 | 11:05 am
Column: LME’s Russian aluminum dilemma set to become more acute The London Metal Exchange is coming under renewed pressure to exclude Russian aluminum from its warehouse system. Reuters | July 28, 2023 | 7:02 am
India house amends mining rules to open lithium to private firms The bill has to be approved by parliament’s upper house and India’s president before it becomes a law. Bloomberg News | July 28, 2023 | 6:42 am
Laser pulses may help develop next-gen, high-capacity batteries Using laser pulses, researchers modified a promising alternative electrode material known as MXene. Staff Writer | July 28, 2023 | 6:04 am