Copper price tops $10,000 as energy crisis hits supply
Copper mining stocks jump as copper price rally gains momentum and traders scramble for prompt delivery of metal.
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Rusal plans sales boost to plug China’s aluminum deficit in 2022
The world's largest aluminum producer outside China plans to supply 300,000-400,000 tonnes of aluminum to China in 2021.
South32 buys stake in KGHM’s Chilean mine for $1.55bn
Sierra Gorda will be South32’s second-largest deal since it listed in 2015 and will add 70,000 to 80,000 tonnes of copper to its portfolio.
De Beers to extend life of Namibia mines to 2042
Namdeb, a joint venture between the Namibian government and the diamond giant, has extended its land-based mines’ life by 20 years.
Barrick’s gold output rises nearly 5% sequentially on Argentine mine boost
In the three months ended Sept. 30, total preliminary gold production rose to 1.09 million ounces, from 1.04 million ounces in the previous quarter
Market value of on-road fuel cell vehicles to grow to $160bn by 2042 — report
A report by IDTechEx states that major automotive markets are planning for the significant deployment of fuel cell vehicles.
Chile to open 400,000 tonnes of lithium reserves up for exploration
The copper-producing nation, which holds the world’s largest known lithium reserves, will tender for five quotas of 80,000 tonnes each.
Billionaire miner sees next fortune in rush for clean energy
Andrew Forrest has been scouring the planet’s far-flung regions including Kyrgyzstan and the DRC for investment opportunities.
Zinc price hits 14-year high as Nyrstar cuts output
The world’s second largest zinc producer said it would cut production by up to 50% at its three European smelters from Wednesday.
