Tenaris says Benteler N.America halts sale of steel pipe business

Benteler North America Corp has called off a previously announced agreement to sell 100% of its shares in its steel pipe business to Tenaris.

Reuters | February 5, 2023 | 12:31 pm

Scholz is learning that it’s not easy going green

Under Scholz’s stewardship, the German industry is struggling to find new technologies and trade partners to provide the backbone for the coming green transformation.

Bloomberg News | February 4, 2023 | 11:30 am

Alcoa says workers back 2024 restart of aluminum smelter in Spain

The US metals producer had reached a deal with workers in December 2021 to end primary aluminum production at San Ciprian.

Reuters | February 3, 2023 | 4:22 pm

Lykos Metals finds large gold deposits at Bosnia project

The concentration of gold at some locations was as much as 27.5 g/t in a continuous line of 60 metres.

Reuters | February 3, 2023 | 9:53 am

Canada faces pressure to ban deep-sea mining

Scientists and NGOs are asking Ottawa to ban the activity, as the country hosts an international marine conservation summit that kicks off on Friday in Vancouver.

Cecilia Jamasmie | February 3, 2023 | 6:52 am

Russians bought record number of gold bars in 2022, data shows

State-controlled VTB Bank said it sold 33.8 tonnes of gold bars to customers in 2022, with clients holding 50 billion roubles ($711 million) of the metal.

Reuters | February 3, 2023 | 4:54 am

LBMA implements optical AI technology to trace gold bars’ provenance

The LBMA has engaged America’s Alitheon to generate a digital fingerprint for gold bars, which allows for irrefutable identification, authentication, and traceability.

Staff Writer | February 2, 2023 | 6:06 am

Brazil’s miners want Europe to help fight Amazon gold havoc

Brazil’s formal mining sector wants importing nations to require and enforce origin control.

Bloomberg News | February 1, 2023 | 12:55 pm

How a Soviet nuclear site could be key to Europe’s EV market

A radioactive pond filled in and covered in grass in Sillamae, Estonia, is host to the only major processing plant outside Asia for rare earth metals used in the automotive industry.

Bloomberg News | February 1, 2023 | 10:09 am

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EV metals demand drives Anglo American’s quest for lithium

Nickel crisis shows LME could learn from China, Minmetals says

Citi delivers around $155 million worth of zinc for rent deal

Caisse pumps C$200 million into Swedish EV battery maker Northvolt

Top companies’ lobbying undermines their climate pledges, study finds

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