March 1, 2024

Nickel may see deficit on Indonesia hurdles, Macquarie warns

While the bank’s base case is for a surplus of less than 40,000 tons, that may be in jeopardy if Jakarta’s approvals are slow.

March 1, 2024

Canada bans indirect imports of Russian diamonds

The latest restriction adds to a ban on Russian diamonds announced in December.

March 1, 2024

Yellen praises Chile’s policies in visit to lithium-rich ally

US Treasury Secretary will see government officials including Finance Minister Mario Marcel and central bank President Rosanna Costa.

March 1, 2024

New US sanctions more likely to curb Indian imports of Russian coal, traders say

The sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa.

February 29, 2024

Indonesia says its nickel supply will keep global prices low

Nickel prices plunged by around 45% last year, and dipped briefly below $16,000 a ton earlier this month.

February 29, 2024

Chinese outbound investment in EVs likely set new record in 2023

Chinese firms put $28.2 billion into EV-related industries last year.

February 28, 2024

Diamond producers warn of pitfalls in G7’s Russia gem ban

Russia is the biggest global supplier of uncut diamonds by volume.

February 28, 2024

BHP launches major worldwide restructuring, AFR reports

The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations.

February 28, 2024

Lithium investors are looking beyond price plunge, Chile minister says

Chile’s government expects to lay out by March the broad terms of lithium contracts to be offered under a new public-private partnership model.

February 28, 2024

Bearish demand expectations challenge iron ore’s price resilience

Prices have fallen by nearly 8% since the end of the Lunar New Year holiday in China.