China’s reopening to roil energy prices if Beijing overdelivers
China’s reopening after three years of Covid Zero is the main source of optimism for commodities markets.
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Unions balk at Biden plan for mineral trade deals with EU, Japan
Unions, including the United Auto Workers, worry that providing concessions to other nations would undermine the goal of bringing jobs and investment to the US.
Harita Nickel said to weigh top-end pricing for Indonesian IPO
Harita operates the country’s first high-pressure acid leaching smelter on Obi island in North Maluku.
Vedanta says talk of stake sale baseless as shares drop
Bloomberg reported that the Anil Agarwal was weighing selling less than 5% stake in the company.
Chile’s top steel producer bets on green hydrogen
CAP’s steelmaking division aims to substitute coal used in its blast furnaces with less polluting fuels, including hydrogen.
Next-gen explosives for mining, military developed
Researchers have developed high explosives that won't detonate unless activated by being filled with an inert fluid.
Sibanye-Stillwater to hand $20 million to New Century
Sibanye's emergency financial support for its takeover target New Century flagged output losses that will impact short-term liquidity.
BHP is building a solution to its green steel conundrum
The company is working with engineering consultancy Hatch Ltd. to design a pilot plant that uses an electric smelting furnace.
Gold is the Rodney Dangerfield of metals
Gold cracked $2,000 an ounce on Monday for the first time in a year, as metal traders reacted to Sunday’s news that a deal was reached for UBS to buy Credit Suisse.