South32 reports surge in first-half profit on strong commodity prices
The miner reported an 838% surge in first-half profits on Thursday, driven by higher sales of aluminum and copper and strong commodity prices.
Latest Stories
Ganfeng starts lithium production at Argentina’s Mariana project
The Mariana plant has the capacity to produce 20,000 metric tons of lithium chloride per year.
Albemarle swings to quarterly profit as cost cuts offset lithium price drop
Profit for the quarter ended December 31 was $33.6 million, compared to a loss of $617.7 million a year ago.
Vale to announce $12 billion investment to expand Carajas site
Brazil's presidential palace said Vale will present its "New Carajas" project, but it did not give further details.
Column: Tariff threat opens up transatlantic rift in copper pricing
The arbitrage between CME and LME contracts has blown wider in recent days, with the US premium exceeding $1,000 per tonne.
Gold price rally hits pause as traders digest data, Powell remarks
The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.
Chinese lithium firms take over copycat Nigeria refinery project
A joint venture between Canmax Technologies and Jiangxi Jiuling last year took a controlling interest in Ganfeng Lithium Industry.
Ivanhoe Electric raises $60M to fund Arizona copper project
Ivanhoe said it will use the funds to complete the ongoing prefeasibility work for the Santa Cruz project.
McEwen Copper requests major tax breaks for Los Azules mine in Argentina
McEwen plans to invest $2.7 billion in the Los Azules mine.