India considers incentives for lithium processingIndia is considering offering incentives to encourage private companies to set up lithium processing facilities.Reuters | May 9, 2024 | 6:54 am
Indonesia says nickel reserves enough for expansion, despite moratorium callIndonesia's high-grade nickel reserves is estimated to last until 2035,…Reuters | May 8, 2024 | 7:25 am
Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burdenHindustan Zinc said it plans to pay 42.25 billion rupees…Bloomberg News | May 7, 2024 | 7:22 am
Battery metals lose luster as surge in supply outpaces demand The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs. Bloomberg News | November 6, 2023 | 7:03 am
Indonesia approves 38 of 84 requests for 2023 mining quota revision Miners had faced delays in obtaining revisions due to an ongoing investigation into illegal nickel mining. Reuters | November 6, 2023 | 6:39 am
India says NMDC subsidiary to mine gold in Australia NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia. Reuters | November 5, 2023 | 10:06 am
Vedanta posts loss on higher tax outgo and weak zinc prices The Indian unit of billionaire Anil Agarwal swung to a loss of $214 million in three months to September. Bloomberg News | November 4, 2023 | 12:45 pm
Elevated local gold prices dent retail demand in India In India, this week, dealers offered a discount of up to $9 an ounce over official domestic prices. Reuters | November 3, 2023 | 3:48 pm
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in the $7 billion copper project, says Mark Bristow. Bloomberg News | November 2, 2023 | 10:03 am
Bears bet big that nickel can close the product gap Fund players have lifted their bets on lower prices to levels last seen in 2019. Reuters | November 2, 2023 | 7:55 am
Adani flagship’s profit falls 50% as coal revenue plummets Billionaire Gautam Adani's flagship firm is facing headwinds after having battled a brutal short seller attack earlier this year. Bloomberg News | November 2, 2023 | 6:58 am
‘Bubbly’ magmas may lead exploration teams toward untapped copper deposits Magmas that experience the same process that makes fizzy drinks ‘bubbly’ may help predict whether the area where it spread is likely to be rich in copper. Staff Writer | November 1, 2023 | 5:05 am