August 7, 2023 Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.
August 4, 2023 Freeport Indonesia secures copper export permit, plans to contest new export duty Company has obtained a license to ship copper concentrate from its Indonesian operation until May 2024.
August 4, 2023 Vale Indonesia plans to divest 14% stake – minister The shares will be sold to MIND ID, Indonesia's state mining holding company.
August 3, 2023 Jokowi’s EV ambition takes a step forward with cathode factory Aneka Tambang, Indonesia Battery Corporation and a consortium led by LG are building the facility as part of a $9.8 billion “grand package” to build battery production onshore.
August 3, 2023 China nickel producers look to London exchange in dash for profit Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer.
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.
Construction on track for Q1 completion at Sibanye’s Keliber lithium project in Finland Keliber is the EU's most advanced integrated lithium project, with planned LiOH production of around 15,000 tonnes per annum. January 19, 2026 | 01:57 pm
