Fading ETF purchases will limit gold demand rise, Metals Focus says

Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels, while buying of bullion by exchange traded funds will fall sharply, consultants said.

Reuters | June 16, 2021 | 7:34 am

Aluminum industry faces big decarbonization challenges — report

An analysis by Wood Mackenzie states that aluminum’s role in the green economy may be dampened by the industry’s steep road to secure low-carbon power.

MINING.COM Staff Writer | June 16, 2021 | 6:11 am

Weak emission standards may lead Europe to risk €27bn in battery investments — report

According to the European Federation for Transport and Environment, weak CO2 standards give carmakers little incentive to increase the sales of electric cars until 2030.

MINING.COM Staff Writer | June 16, 2021 | 6:06 am

Sierra Metals granted key permit for Peruvian expansion

It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.

Cecilia Jamasmie | June 16, 2021 | 3:45 am

China to release copper, aluminium and zinc reserves to stabilize prices

Notice came as Beijing struggles to cool a surge in metal prices this year fuelled by a post-pandemic economic recovery, ample global liquidity and speculative buying that has dented manufacturers’ margins.

Reuters | June 16, 2021 | 1:23 am

Britain in talks with 6 firms about building gigafactories for EV batteries

Ford, Nissan, LG and Samsung, Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support.

Reuters | June 15, 2021 | 9:01 pm

Canada, EU in raw materials pact to cut China reliance

“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.”

Bloomberg News | June 15, 2021 | 4:39 pm