CATL confirmed to be Millennial Lithium buyer in $297m deal
The Chinese battery maker will acquire Millennial at a price of C$3.85 per share, a premium of 6.9% over the offer by Ganfeng.
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Energy crisis old economy’s revenge, says Goldman’s Currie
Investment in gas in particular needs to be increased to fend off more volatility during the energy transition, he says.
Coal resurgence in Colombia is coming at just the right time
Latin America’s top supplier expects output to jump 40% to 50% this year, after an extended strike disrupted production in 2020.
Ero Copper study expands Boa Esperanca mine life, doubles production
The updated feasibility is based on a 93% increase in contained copper in reserves at the project since the initial study.
Germany’s TÜV Süd “shirking responsibility” over 2019 Brazil dam burst, court hears
Seven claimants are demanding around half a million euros in damages from the company.
Gold price woes continue on rising dollar, yields
The rise in the 10-year treasury yield “provides a massive headline for gold," analyst says.
Home: Power is a double-edged sword for global metals sector
China’s power crunch is rapidly evolving from bull to bear influence on metals pricing.
Russell: Surging coal prices split Asian buyers into rich and poor
As seaborne coal in Asia trades at near record highs there are early signs of demand destruction, especially among buyers such as India.
Congo reviews $6.2bn China mining deal as criticism grows
The contract, signed in 2008, promised a $3.2 billion investment by China in a copper/cobalt mine and another $3 billion worth of infrastructure projects.
