Top Middle East aluminum maker sees prices rising with demand
Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months.
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Europe’s top copper producer Aurubis hit by huge metals scam
The company said related damages might be in the low, three-digit-million-euro range.
Marathon Gold says addition of Berry pit would not require new impact assessment
According to Marathon, the addition of Berry deposit would significantly improve the Valentine project’s projected production profile.
Vale starts producing test loads of iron ore briquettes
The product will help steelmakers cut their carbon emissions up to 10%.
The biggest fossil fuel subsidies are indirect, and bigger than ever
The IMF calculated that just over $7 trillion in subsidies went to fossil fuels last year.
NexGen raises $110 million for Rook I uranium project
Rook I, a proposed new uranium mine and mill development, is the largest development-stage uranium project in Canada.
Coal miners forced to save for a rainy day by insurance snub
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers.
Impala boss says speed of palladium and rhodium price falls was a surprise
Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year.
Top investors seek damages from Glencore over prospectus claims
Almost 200 funds are seeking compensation for losses they allegedly suffered because of Glencore’s "untrue statements" and omissions.
