Freeport-McMoRan shares drop after trimming copper outlook
The company lowered its copper sales forecast by about 1% annually for this year and the next.
Latest Stories
How Portuguese lithium could fuel Europe’s EV revolution
Portugal possesses the potential to mine lithium but there is a polarized perception of mining in the country, writes amil Hijazi.
State of emergency in Peru as protests hit copper output
Government's measure comes as protests against mining companies have shut down 20% of Peru’s copper output.
There is something that links wine to extraterrestrial mining
The phenomenon that explains how tears of wine are formed could be the key to successful extraterrestrial mining.
Los Pelambres expansion to cost Antofagasta $900m more than planned
The ongoing project at Los Pelambres copper mine in Chile will cost $2.2bn, up from last year's estimate of $1.7bn and a 70% jump from the original $1.3bn figure.
Musk appeals for more lithium production to meet battery demand
Battery production, and more specifically lithium, is the “fundamental limiting factor” for electric-vehicle adoption worldwide, Musk said on an earnings call.
BHP reports weaker-than-expected iron ore production on covid curbs
Iron ore production from Western Australia came in at 66.7 million tonnes in the three months to March 31.
Zijin invests in Xanadu to ink copper-gold resources in Mongolia
Zijin aims to take a 45.9% stake in Mongolia's Kharmagtai copper and gold mine.
Lithium prices pause in April, but not a sign of “wider market correction”
Lithium prices took a breather during the first half of April as lockdowns in China make trading difficult, but the lull is unlikely to last, says Benchmark Mineral Intelligence.
