Biden administration considering price support to backstop critical minerals projects
The new policy would involve setting a price floor for certain projects, according to POLITICO.
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Gold price softens on US inflation data, still up 3% for the month
Despite the pullback, bullion is on track for a 3% gain this month.
India to discuss surging precious metals imports with UAE
Trade officials will likely meet their counterparts from the UAE next month to review the two countries’ partnership.
Brazil BNDES to fund Sigma’s second lithium concentrate plant
Investment will be used to increase lithium production in Grota do Cirilo by 250,000 tonnes per year.
Column: Zinc concentrates squeeze but there’s no shortage of metal
Global zinc mine production continues to slide and the raw materials squeeze is now starting to bite, particularly in China.
Northam Platinum profit drops on weak prices as output rises
Northam said profit fell almost 30% in the last fiscal year.
Paladin’s takeover of Fission Uranium yet to win shareholders’ support
Paladin failed to get the support of at least two-thirds of Fission shareholders by Aug. 26.
Anglo American signs agreements to promote polyhalite fertilizer in China
Anglo said it will supply polyhalite from its multi-billion-dollar Woodsmith mine project in North Yorkshire as part of the agreements.
BHP moves ahead with expansion of Olympic Dam copper refinery
BHP is aiming to lift its annual output from the region to 500,000 metric tons of cathode by early 2030s, from 322,000 tons produced last year.
