Banks step up trade finance in global commodities boomCommodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.Bloomberg News | July 4, 2022 | 12:06 pm
Battery makers warn EU that lithium proposal may hurt EV sectorThe proposal to classify the metal as a reproductive toxin…Bloomberg News | July 4, 2022 | 12:01 pm
UK launches critical minerals data centreTo be run by the British Geological Survey, the centre…Cecilia Jamasmie | July 4, 2022 | 6:34 am
Cobalt price rally lifts EV Metal Index to fresh record high Cobalt use in newly-sold electric cars sets record and prices jump to 21-month high, lifting overall index to fresh monthly record. Frik Els | January 19, 2021 | 11:28 am
End of an era? LME proposes closure of open-outcry trade The LME floor closed in March 2020 for the first time since World War II to allow the social-distancing needed to deal with covid-19. Reuters | January 19, 2021 | 9:07 am
De Beers raises diamond prices most in years Company implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown. Bloomberg News | January 19, 2021 | 8:13 am
Kabanga, Tanzania to develop world’s largest nickel deposit The UK-based miner and Tanzania will jointly develop a project formerly owned by Barrick and Glencore. Cecilia Jamasmie | January 19, 2021 | 6:49 am
Covid-restrictions force Lithium Australia out of Germany The miner said that restrictions rendered the work in Saxony’s Ore Mountains “almost impossible.” MINING.COM Staff Writer | January 19, 2021 | 6:15 am
Gates, Bezos-backed fund offers $1bn to clean energy start-ups To be eligible, projects must have potential to cut global emissions by at least 500 million tonnes a year. Cecilia Jamasmie | January 19, 2021 | 3:55 am
Norilsk Nickel taps into precious metal ETCs The move marks the first time a mining company introduces tracker products. Cecilia Jamasmie | January 18, 2021 | 9:00 am
Shanghai booms as metals trading mirrors uneven recovery China has led the industrial recovery from covid-19 with the rest of the world struggling to catch up. Reuters | January 18, 2021 | 8:16 am
UK hails first domestic production of battery-quality lithium A consortium focused on developing the UK’s lithium supply chain has produced two lithium carbonate concentrates from local samples. Cecilia Jamasmie | January 18, 2021 | 6:58 am