Banks step up trade finance in global commodities boom
Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.
Latest Stories
Epiroc to supply battery-electric equipment to Glencore’s Onaping Depth project
Automation solutions will be used at what will be one of the world’s first all-electric mines.
Battery makers warn EU that lithium proposal may hurt EV sector
The proposal to classify the metal as a reproductive toxin could severely hurt Europe’s burgeoning EV industry, they argued.
Phoenix Copper launches novel bond linked to copper price
Phoenix is raising cash to revive production at the Empire copper mine in Idaho.
Iron ore price tumbles as China’s demand outlook darkens
Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.
UK launches critical minerals data centre
To be run by the British Geological Survey, the centre will use the data to help to find ways to source minerals needed for green technologies.
Molybdenum, sulphur key to converting CO2 into methanol
An efficient, molybdenum-based catalyst is being presented as a solution to turn CO2 from industrial plants into liquid methanol.
Guinea halts Simandou iron ore project again
Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.
Barrick Gold’s Loulo-Gounkoto complex on track to meet production guidance
Loulo-Gounkoto’s 2022 production guidance has been set at 510,000 - 560,000 ounces of gold.
