August 3, 2023 Metals traders are leaving hedge funds as markets disappoint Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals.
August 3, 2023 Canadian deep-sea miner TMC to seek licence in 2024 The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025.
August 2, 2023 Britain agrees deals on clean energy, critical minerals with Zambia The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment.
August 2, 2023 Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.
August 1, 2023 China’s metals and mining investment overseas to hit record in 2023 – report Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.
August 1, 2023 Li-Cycle starts battery recycling operations at German plant The facility in Magdeburg has the capacity to process 10,000 metric tons of battery parts annually.
July 31, 2023 Magna’s Crean Hill nickel project PEA outlines after-tax NPV of $175m over 15 years The base case scenario for the PEA envisions a combination of open pit and underground mining, with mineable resources being sold to a third-party existing mill in Sudbury.
July 31, 2023 Indonesia’s EV mission will be trickier than just mining nickel President Joko Widodo flew to China last week with his EV dreams high on the agenda.
July 30, 2023 The mining world turns to Saudi cash for critical metal supply Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.
July 30, 2023 Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets.
Critical Metals expects to close Greenland supply deals in Q1 2026, CEO says The company has already pre-sold 75% of planned output, split between the US and Europe. December 31, 2025 | 12:08 pm
