Albemarle swings to quarterly profit as cost cuts offset lithium price drop
Profit for the quarter ended December 31 was $33.6 million, compared to a loss of $617.7 million a year ago.
Latest Stories
Vale to announce $12 billion investment to expand Carajas site
Brazil's presidential palace said Vale will present its "New Carajas" project, but it did not give further details.
Column: Tariff threat opens up transatlantic rift in copper pricing
The arbitrage between CME and LME contracts has blown wider in recent days, with the US premium exceeding $1,000 per tonne.
Gold price rally hits pause as traders digest data, Powell remarks
The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.
Chinese lithium firms take over copycat Nigeria refinery project
A joint venture between Canmax Technologies and Jiangxi Jiuling last year took a controlling interest in Ganfeng Lithium Industry.
Ivanhoe Electric raises $60M to fund Arizona copper project
Ivanhoe said it will use the funds to complete the ongoing prefeasibility work for the Santa Cruz project.
McEwen Copper requests major tax breaks for Los Azules mine in Argentina
McEwen plans to invest $2.7 billion in the Los Azules mine.
China tightens rules on new copper smelters to curb overcapacity
China has tightened requirements for building new copper smelters, in its latest attempt to curb relentless capacity expansion.
Lithium stocks drop as CATL’s refinery restart weighs on prices
The refinery reopening should be negative for lithium sector share prices, and the spot price, analysts said.
