Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO
The company is currently mobilizing drill teams after a July environmental court decision reinstating the drilling permit.
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CHARTS: “Almost unattainable” gap between green energy copper demand and mining supply
New report estimates 1 million additional tonnes of copper supply is needed per year to meet climate goals. The tally so far in 2022? 260,000 tonnes.
Aluminum rebound buoys Alcoa, muting global slowdown worries
The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.
Syrah Resources to expand Louisiana graphite plant after $220 million grant
Syrah plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant.
Gold price under pressure as global recession risk pushes up dollar
Renewed strength in the greenback has now seen bullion tumble more than 20% since a March peak.
Nouveau Monde Graphite enters MOU for offtake deal with Panasonic, announces $50m financing
NMG will use the proceeds of the investment to support the finalization of the design, operation, marketing and corporate parameters of the Phase 2 commercial integrated operations.
Copper price rebounds on hopes of improving demand in China
Bloomberg reports potential easing of covid-19 restrictions.
Aluminum price rebounds on fall in stocks, hope about Chinese curbs
China is considering a cut in the duration of quarantine for inbound visitors from 10 to seven days.
Tesla drops as Musk says demand ‘a little harder’ to come by
Tesla stock has dropped 37% this year.