Chinese miners and battery makers team up in rush for lithium “Much of the new developments involve smaller players in China looking to secure resource supply overseas," BloombergNEF analyst says. Bloomberg News | May 10, 2022 | 9:53 am
Iron ore price at near 4-month low on interest rate, demand concerns The US Federal Reserve approved a half-a-point interest rate hike, leading to a significant decline in commodities prices denominated in US dollars. MINING.COM Staff Writer | May 10, 2022 | 9:09 am
Caterpillar adds design enhancements to electric rope shovel models The design advancements can improve total cost of ownership up to 6% per operating hour and improve physical availability of the ERS up to 0.63%. Staff Writer | May 10, 2022 | 8:58 am
Demand headwinds push aluminum price to five-month low Worries about output cuts in Europe because of high power costs are expected to provide some support. Reuters | May 10, 2022 | 8:31 am
Europe looking to get a million tonnes of coal annually from Botswana, says President Masisi Coal prices have more than doubled since the beginning of the year. Reuters | May 10, 2022 | 8:21 am
Peru to increase public spending in mining regions to curb social conflicts Recent disputes between miners and local communities have forced two key copper mines to temporarily halt operations this year. Reuters | May 10, 2022 | 8:17 am
Argentina expects $4.2bn investment in its lithium sector The figure will help the country produce 175,000 tonnes of lithium in 2025, more than a tri-fold increase from the 50,000 tonnes expected this year. Cecilia Jamasmie | May 10, 2022 | 7:03 am
New data on uranium’s behaviour revealed by fastest supercomputer in the US An important but little-studied uranium compound could be key to a cleaner, safer world, according to new research. Staff Writer | May 10, 2022 | 5:04 am
Mining Indaba: Marampa commissions 3.25mtpa iron ore expansion in Sierra Leone Iron ore concentrate expansion part of a high-grade Marampa Blue product that could help reduce carbon emissions. Henry Lazenby in Cape Town, South Africa | May 10, 2022 | 4:00 am