September 27, 2023 Glencore to stop funding troubled New Caledonia nickel plant New Caledonia has some of the world’s largest reserves of the metal, but its three smelters have faced years of losses linked to high costs and social unrest.
September 26, 2023 K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023.
September 26, 2023 CarbonScape gets $18 million cash injection to deliver biographite to Europe, US New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries.
September 20, 2023 Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.
September 11, 2023 Rinehart’s Hancock Prospecting takes major stake in Liontown Australian billionaire Gina Rinehart has positioned herself as the kingmaker in Albemarle’s $4.3bn takeover bid for Liontown Resources.
August 31, 2023 Fortescue CFO leaves three days after CEO’s departure Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.
August 30, 2023 BHP mulls taking Escondida underground BHP is studying ways to offset an expected drop in copper grades in Chile, including a new concentrator and taking Escondida underground.
August 29, 2023 Rio Tinto-First Quantum JV to develop massive copper project in Peru La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal.
August 28, 2023 Fortescue CEO Fiona Hick’s sudden departure raises eyebrows The exit of Fiona Hick, who held the post for less than six months, has been both "friendly and mutual", according to FMG.
August 25, 2023 What the ascent of hydrogen as a renewable resource means for platinum demand The emerging global hydrogen supply chain is essentially “made of platinum,” says Bank of America Global Research commodities strategist Michael Widmer.
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