Copper price surges past $11,000 on supply squeeze
Traders are paying huge premiums for quickly deliverable copper after stockpiles in the LME warehouse system tumbled to their lowest level in decades.
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Peru community says will block key mining road used by MMG’s Las Bambas mine
Local leaders say Las Bambas has brought pollution to the area and little in the way of economic development.
Coal price tops $300/t in China as cold wave adds to energy crisis
The most-active contract on the Zhengzhou Commodity Exchange rose as much as 6%.
BHP iron ore output drops 5% on maintenance work, labour crunch
First quarter drop due to maintenance work at Jimblebar mine and labour shortages caused by covid-related curbs, the miner says.
Copper spread widens to most in more than 25 years on supply squeeze
The spread between cash and three-month futures surged to over $1,000 on the LME on Monday, a premium not seen since at least 1994.
No. 1 uranium miner backs physical fund in nod to robust demand
Kazatomprom is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors.
Thiel-backed Canadian lithium junior said to prepare Nasdaq listing
Rock Tech Lithium is preparing a Nasdaq listing to broaden its investor base and help finance a $545 million battery metals plant in Germany.
S. African port operator Transnet restores some operations at Richards Bay after fire
Richards Bay Bulk Terminal is Africa's largest coal export facility.
Appetite for ‘green energy metals’ drives deals
Demand for copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients.
