CATL’s profit soars 63% amid EV sales boom
Record quarterly sales for top customer Tesla helped propel the Fujian-based company’s profit growth.
Latest Stories
The little known metals giant that rules a global market
When China’s Vital Materials bought up a $600 million stockpile of critical minerals in early 2020, it barely raised an eyebrow outside the niche world of minor metals.
Kumba Iron Ore builds up stockpiles as rail woes worsen
Kumba's profit in the six months through June declined 17% due to the rail challenges and softer prices.
UN watchdog delays deep-sea mining to 2024
The Council of the International Seabed Authority ruled out any immediate permission for mining to begin.
Huayou Cobalt boosts nickel capacity in Indonesia
Huayou also said on Tuesday that its mining unit Huayou International Mining plans to buy a 50.15% stake in privately owned Perlux Limited.
De Beers $2.3bn Venetia mine expansion yields first diamonds
De Beers stopped its 30-year open pit mining operations at Venetia last year to transition to the underground section of the mine.
Aluminum foil boosts development of batteries for next-gen long-range vehicles
US-based researchers have addressed aluminum’s fundamental issues as a battery anode.
Albemarle moves ahead with Kemerton plant expansion
The $135m contract with Monadelphous Group is part of Albemarle's plans to double lithium hydroxide output at the plant.
Indonesia grants Amman Mineral export permit valid through May 2024
Indonesia has banned exports of raw minerals like copper and bauxite starting in June this year to attract investment into its metals processing industry.
