February 10, 2022

Indonesia suspends operations of more than 1,000 miners

President Joko Widodo last month revoked the permits of more than 2,000 companies due to poor compliance.

February 10, 2022

Republican US senator presses Energy Department on seabed mining

Seabed mining is a new industry that backers say can supply many of the metals including nickel, copper, cobalt, and manganese.

February 10, 2022

Nornickel’s core earnings jumped 37% in 2021

Nornickel's 2021 net profit stood at $6.97 billion, a 92% increase from 2020.

February 10, 2022

Renault says it backs moratorium on deep-sea mining

In October, French President Emmanuel Macron identified deep seabed exploration as an investment priority for France.

February 10, 2022

Gates, Bezos-backed firm gets cash injection to find battery metals

KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round.

February 9, 2022

Glencore in battery metal offtake deal with Missouri Cobalt

The deal gives the world’s biggest commodity trader more exposure to the crucial battery ingredient.

February 9, 2022

CATL, LG, Panasonic deployed record GWh of passenger EV battery capacity in 2021

Adamas Intelligence reports that 2021 saw a record 286.2 GWh of passenger EV battery capacity deployed onto roads globally.

February 7, 2022

BHP to cut emissions by 30% with first LNG-powered bulk carrier

BHP unveiled the world's first liquefied natural gas-fuelled bulk carrier vessel in Singapore, one of five the mining giant will take delivery of in 2022 as part of efforts to…

February 7, 2022

Financial spillover effect more intense between gold, silver

Researchers analyzed the portfolio risk characteristics and spillovers of precious metals commodities and equity markets across continents.

February 3, 2022

China’s metals imports boomed in 2021, so did its exports

Such divergence is highly unusual but reflects the equally unusual combination of pandemic recovery and supply-side constraints, writes Andy Home.