Albemarle lays off 300 employees on weak lithium pricesThe world's largest lithium producer's move comes as an oversupply of the metal used in EV batteries has caused prices to collapse.Cecilia Jamasmie | January 29, 2024 | 6:56 am
Metallurgical coke used in next-gen cement, concreteGraphene derived from coke could serve as a reinforcing additive…Staff Writer | January 29, 2024 | 6:06 am
Freeport-McMoRan’s profit beats estimates on strong copper productionOn an adjusted basis, the company earned 27 cents per…Reuters | January 24, 2024 | 8:11 am
Barrick boss slams western funds’ shortsightedness, praises Saudi’s PIF Saudi's PIF has been looking to invest in copper projects across the world, as part of its drive towards funding energy transition projects. Staff Writer | August 15, 2023 | 9:50 am
Miners face ‘considerable challenges’ meeting demand from US climate law – study Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report. Reuters | August 15, 2023 | 7:41 am
Researcher to study ’green’ steelmaking process at the atomic level A researcher at Binghamton University received almost half a million dollars to investigate how hydrogen-based direct reduction works at the atomic level. Staff Writer | August 15, 2023 | 6:06 am
TechMet raises $200m to counter China’s critical minerals control Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals. Cecilia Jamasmie | August 15, 2023 | 2:58 am
Esmark makes $7.8 billion offer for US Steel Corp On Sunday, US Steel launched a formal review of strategic options after rebuffing a takeover offer from rival Cleveland-Cliffs. Reuters | August 14, 2023 | 12:21 pm
US Steel soars after it rejects $7.25 billion Cliffs bid Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.” Bloomberg News | August 14, 2023 | 9:18 am
Deep sea miner The Metals Company stock surges on $27 million capital raise According to TMC, this registered direct offering is on significantly above-market standard terms, and is led by its largest shareholder. Staff Writer | August 14, 2023 | 9:17 am
Yellen warns of risks of over-concentration of clean energy supply chains China holds at least 60% of the world’s manufacturing capacity for most mass-manufactured technologies. Reuters | August 14, 2023 | 8:40 am
The four biggest hurdles in America’s EV transition Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the US. Bloomberg News | August 14, 2023 | 8:17 am