Iron ore price plunges on China’s move to cut steel production
Iron ore price down 6% after Beijing tells steelmakers in some provinces to cut production with aims to keep Chinese annual output at 2020 levels.
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Copper price rises as China releases fewer metal reserves than expected
China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc from its state reserves on July 29.
Canadian union Unifor gives Rio Tinto 72-hour strike notice
Union represents about 900 workers at the company's aluminum smelting plant in Kitimat and power generating facility in Kemano.
Freeport-McMoRan profit beats estimates on higher copper prices
Company copper production increased about 19% to 913 million pounds.
Deep-South takes Namibia’s mining minister to court over licence refusal
Miner also seeks to prevent the government from granting exploration or mining rights over the same licence area to another company.
How transition metals destabilize high-energy-density li-ion batteries
Japanese scientists discovered that high-valent transition metals destabilize lattice oxygen in oxide-based battery materials.
Newmont profit beats estimates on higher bullion boost
The Denver, Colorado-based gold producer benefited from slightly higher prices of the precious metal.
Eldorado Gold grabs stake in Probe Metals for $18.9m
Company has acquired 15 million common shares at C$1.575 each in Probe, a Quebec-focused gold junior.
BHP to supply Australian nickel to Tesla
Benchmark Mineral Intelligence estimates the deal would be for up to 18,000 tonnes of nickel annually.
