Automakers win extension on use of Chinese graphite in EV tax creditsThe US Treasury Department gave automakers additional flexibility on battery mineral requirements for EV tax credits on some minerals from China, such as graphite.Reuters | May 3, 2024 | 7:42 am
BHP’s high-stakes tilt for Anglo puts regulators in spotlightThe proposed $39 billion combination has more than enough components…Bloomberg News | May 3, 2024 | 4:56 am
Pan American sells La Arena gold project in Peru to Zijin for $295 millionZijin will grant Pan American a life-of-mine gold net smelter…Staff Writer | May 1, 2024 | 1:43 pm
China’s state-backed iron ore giant says prices are too high Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group. Bloomberg News | November 7, 2023 | 4:29 pm
Codelco cuts 2024 copper premium to China, changes contract structure The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year. Reuters | November 7, 2023 | 9:57 am
Iron ore price retreats as China’s bourse plans to limit trading volumes Also weighing on sentiment was news of unseasonably cold weather and blizzards hitting northeast China. Staff Writer | November 7, 2023 | 9:04 am
China extends run of gold buying that’s helped support prices China topped up its gold holdings for a 12th straight month in October. Bloomberg News | November 7, 2023 | 7:33 am
Albemarle risks losing lithium market to China on weak prices The US lithium giant controls about 13% of the global market this year, while Chinese producers have grown their share to 63%. Cecilia Jamasmie | November 7, 2023 | 6:13 am
Rainfall plays key role in capping Chinese aluminum capacity Another month, another new record for China's primary aluminum production sector. Reuters | November 6, 2023 | 8:11 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
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
Iron ore price logs second weekly gain on China stimulus, sound fundamentals Chinese policymakers said that Beijing would strengthen efforts to reduce local debt risks and help with financing demands for property enterprises. Reuters | November 3, 2023 | 6:37 am