Copper tech firm Jetti raises funds at $2.5 billion value
Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.
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Rusal files London lawsuit against Potanin over Nornickel pact
Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.
Analysis: Biden’s EV minerals cash fruitless without permitting reform
President Joe Biden last week doled out $2.8-billion to miners developing new US sources of lithium, nickel, copper, and other EV minerals.
UK prosecutors implicate 11 Glencore employees in bribery probe
The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.
Trafigura and EVelution Energy plan to develop cobalt plant
EVelution Energy is expected to start construction of the plant in Arizona in late 2023.
China’s Sept coal output jumps 12.3% on year, hits record daily levels
The average daily output was equivalent to 13 million tonnes, according to data from the National Bureau of Statistics.
Newcrest suspends operations at Brucejack mine following “critical incident”
Incident involved an individual belonging to its mining and development contractor in British Columbia.
LME adds artisanal mining to green register, sets 2040 net-zero goal
LMEpassport will now also include standards regarding artisanal mining.
France’s Imerys wants to become leading lithium producer in Europe
Company said results of surveys carried out at its Beauvoir mine allow it to produce 34,000 tonnes of lithium hydroxide for at least 25 years.
