MINING.COM

US developing domestic uranium strategy – Energy Secretary

The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants.

Reuters | October 27, 2022 | 8:21 am

Glencore to stick with Rusal’s aluminum in 2023

European business groups representing consumers oppose any restrictions against Russian aluminum, saying they could put thousands of companies out of business.

Reuters | October 27, 2022 | 7:56 am

BHP Group, ArcelorMittal trial carbon capture at Europe, US steel plants

By discharging over 3 billion tonnes of carbon dioxide a year, the steel industry accounts for 7-9% of global greenhouse gas emissions.

Reuters | October 27, 2022 | 7:46 am

Freeport in talks to buy Arizona copper smelter

Executives from Phoenix-based Freeport recently toured the Hayden smelter -- owned by Grupo Mexico unit Asarco -- to appraise the operation.

Bloomberg News | October 26, 2022 | 3:35 pm

Copper price jumps as dollar eases

Metal price edged higher buoyed by a weaker dollar and amid hopes the pace of US interest rate hikes would slow down.

MINING.COM Staff Writer | October 26, 2022 | 8:39 am

Gold price rebounds to 2-week high on Fed relief hopes

“We might see a slowing of the economy, but inflation may not come down as much as the Fed would like and yet they will be no longer able or willing to raise rates further, and that is a very positive environment for gold,” analyst says.

Staff Writer | October 26, 2022 | 8:01 am

Marex to offer clients access to CME base metals contracts

The tie-up comes as CME expands its metals business and the LME faces dissatisfaction from some traders after turmoil in its nickel contract in March.

Reuters | October 25, 2022 | 4:50 pm

Ford, Everledger launch battery passport pilot for responsible recycling

Companies will track batteries in late and newer EV models for six months, working together with US lithium-ion battery recyclers.

Staff Writer | October 25, 2022 | 11:59 am

Cliffs tumbles as outlook suggests more pain for steel

The second-largest US steelmaker said Tuesday that it is being hit by higher input costs and maintenance activities, which led to adjusted earnings before items of $436 million in the third quarter, about 50% below analyst estimates.

Bloomberg News | October 25, 2022 | 9:34 am

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