Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market.

Bloomberg News | November 7, 2024 | 5:05 pm

China’s central bank pauses gold purchases for sixth straight month

Bullion prices have surged about 33% this year, on track for the largest annual gain since 1979.

Reuters | November 7, 2024 | 7:35 am

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.

Reuters | November 6, 2024 | 5:37 pm

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station.

Staff Writer | November 6, 2024 | 9:41 am

World’s biggest cobalt miner is gloomy on the EV metal’s future

The adoption of cobalt-free LFP batteries has gained momentum in recent years.

Bloomberg News | November 6, 2024 | 6:20 am

China’s industry ministry plans to step up lithium, cobalt, nickel exploration

The plan is targeting an increase in the scale of the new energy storage manufacturing industry to match demand by 2027.

Reuters | November 6, 2024 | 6:15 am

Canada approves Pan American’s sale of Peru gold mine to Zijin

Deal gives Pan American 60% of the future copper concentrate produced from La Arena II, with the intent to supply the North American markets.

Cecilia Jamasmie | November 6, 2024 | 4:07 am

Trump return will slow, not stop, US clean energy boom

Trump wants to rescind all unspent funds allocated by the Inflation Reduction Act, which could pour cold water over the US clean energy boom.

Reuters | November 6, 2024 | 3:17 am

China highlights port connectivity, minerals, infrastructure with Mongolia

Chinese Premier Li Qiang, said late on Tuesday that China would support more "qualified enterprises" to invest in Mongolia.

Reuters | November 5, 2024 | 4:25 pm

First

Last

China’s copper market needs more stimulus, says top importer

Uranium price to recover next year on shortage, Trump policy, Sprott CEO says

China should use more aluminum and recycled copper, industry says

China’s copper production boom threatens to crowd out the rest of the world

PT Vale and China’s GEM partner for $1.4 billion Indonesian nickel plant

Create FREE account or log in

to receive MINING.COM digests