Sumitomo to spend big to boost output of nickel, battery materials

The Japanese miner it will triple its capital expenditure over the next three years to boost its output capacity of nickel and cathode materials used in batteries.

Reuters | February 15, 2022 | 5:00 am

Glencore earmarks $1.5 billion for probes amid record profit

The world’s biggest commodity trader expects long-running corruption investigations in the US and the UK to be resolved this year.

Cecilia Jamasmie | February 15, 2022 | 3:51 am

Trader known as ‘big shot’ battles mystery nickel stockpiler

Tsingshan chairman Xiang Guangda isn’t afraid to place big derivatives bets on where prices are headed next.

Bloomberg News | February 14, 2022 | 5:10 pm

BHP first-half profits beat estimates and triggers talk of M&A

The world's no.1 miner had a busy six months marked by sweeping changes, including selling its $13 billion petroleum business and a listing unification, while managing pandemic-related disruptions to its business.

Reuters | February 14, 2022 | 2:31 pm

DOE backs Rio Tinto led investigation into carbon storage at Minnesota nickel project

Tamarack is an advanced exploration project and a joint venture with Talon Metals.

Canadian Mining Journal Staff | February 14, 2022 | 12:32 pm

Vale backs out of $1.2 billion bribery trial against Beny Steinmetz

The mining giant backed out after its lawyer told the High Court on Monday that its claim was brought out of time.

Bloomberg News | February 14, 2022 | 12:09 pm

Iron ore price retreats as China seeks to cool rally

China's Dalian Commodity Exchange announced an increase in the transaction fee for iron ore futures contracts for February to May deliveries.

MINING.COM Staff Writer | February 14, 2022 | 10:51 am

Peru community to restart blockade of Las Bambas mine road

Las Bambas, which produces 2% of the world's copper supply, has said it will have to suspend production on February 20 if the road is not cleared by then.

Reuters | February 14, 2022 | 10:24 am