Biden invokes Cold War powers to boost EV battery production
This could help mining companies access $750 million under the Defense Production Act’s Title III fund.
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Trafigura is delivering Russian copper to LME warehouses
LME copper inventories rose by 10,850 tonnes, or 13%, in the past three days.
Airbus seeks titanium sources beyond Russia to safeguard production ramp-up
The planned ramp-up to a rate of 65 A320-family narrow-bodies per month by mid-2023 is the number one priority for the group.
US senator ‘worried’ about Chinese stake in MP Materials
"It kind of disturbs me to know that there's a big Chinese interest there" Senator Lisa Murkowski said.
Equinox pours first gold at Santa Luz mine in Brazil
At capacity, it is expected to produce approximately 100,000 oz. of gold a year over a 9.5-year mine life.
Billionaire Friedland secures rail deal to tap Guinea iron ore
The deal with the Liberian government provides High Power Exploration Inc. with an outlet for its Nimba concession.
Copper price down on China demand concerns
China is grappling with the worst resurgence of covid-19 cases since early 2020.
Chile’s former Energy Minister appointed new Codelco chair
Maximo Pacheco held the role of energy minister from 2014 to 2016 during socialist ex-President Michelle Bachelet's administration
Tharisa acquires Karo platinum project in Zimbabwe
The project, expected to start producing in two years, will produce 150,000 ounces a year of PGMs in concentrate in its first phase.
