One by one, mega miners show why metals supply is so squeezed Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies. Bloomberg News | April 28, 2022 | 8:18 am
China cuts coal import tariffs to zero to increase supply China’s coal imports are down 24% through the end of March this year as global prices have soared. Bloomberg News | April 28, 2022 | 8:08 am
Top bid for lithium up 140% after Musk’s ‘insane levels’ call Pilbara Minerals Ltd.’s auction of spodumene concentrate attracted a top bid of $5,650 a ton on Wednesday. Bloomberg News | April 28, 2022 | 7:59 am
Nyrstar to invest $284m in zinc electrolysis plant in Australia The investment includes funding of A$50 million from the Federal Coalition and A$20 million from the Tasmanian government. Reuters | April 28, 2022 | 7:52 am
Lynas races to keep up with global rare earths demand The company is in talks with governments eager to beef up access to rare earths outside China. Reuters | April 28, 2022 | 7:49 am
Eramet raises profit target as metal prices outweigh costs The company reported first-quarter sales of 1.2 billion euros, up nearly 80% from a year earlier. Reuters | April 28, 2022 | 7:42 am
Vale Indonesia, Huayou sign deal to build Pomalaa nickel plant They will develop a facility known for a process called high-pressure acid leaching (HPAL), with a potential mixed hydroxide precipitate production capacity of 120,000 tonnes of nickel content per year. Reuters | April 28, 2022 | 7:00 am
Gatos Silver halts operations as Mexican regulator pulls permit Shares fell 7% following the suspension of the explosive and blasting permit. Staff Writer | April 28, 2022 | 6:05 am
New annealing method maintains the structure of gold, silver in alloys The development will prove useful in the manufacture of contact lenses, holographic optical elements and other optical components. Staff Writer | April 28, 2022 | 5:05 am