“Lithium OPEC” in South America could drive away investment, says Sigma Lithium CEO
Argentina, Chile, Bolivia and Brazil would cooperate to expand their processing capacity, open battery plants and make EVs locally.
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LME faces further legal action in London court
The exchange is facing further legal action in London by a company called Double Eight Ltd.
Rio Tinto keeps working to build Indigenous support for Resolution mine
Resolution is key to the mining giant's future as the project would produce more than 40 billion pounds of copper.
British Columbia exploration spending hits 10-year high in 2022
Copper exploration spending jumped 84% year over year in 2022, rising from C$128 million in 2021 to C$235 million.
Gold price falls as Powell testimony lifts dollar
Gold had already retreated from Friday’s strong close, but so far Powell is more direct and aggressive than market had anticipated, analyst says.
Peru to unleash stranded copper with roadblocks largely cleared
Peru expects shipments of commodities will begin to normalize within days as the nation’s worst street protests in decades ease.
Argentina moves to stop wetlands bill from foiling lithium boom
The country has been working on legislation to protect its wetlands amid sprawling fires often blamed on farmers.
Tesla, GM follow own shareholders with push into lithium miners
Investors and car makers continue to bet on lithium miners, wagering that a shift toward EVs will become a permanent trend.
Major copper producers unveil plan to reach net zero emissions by 2050
The International Copper Association's (ICA) roadmap has set a target for members to cut emissions by 30% to 40% by 2030.