Top bid for lithium up 140% after Musk’s ‘insane levels’ call Pilbara Minerals Ltd.’s auction of spodumene concentrate attracted a top bid of $5,650 a ton on Wednesday. Bloomberg News | April 28, 2022 | 7:59 am
Nyrstar to invest $284m in zinc electrolysis plant in Australia The investment includes funding of A$50 million from the Federal Coalition and A$20 million from the Tasmanian government. Reuters | April 28, 2022 | 7:52 am
Lynas races to keep up with global rare earths demand The company is in talks with governments eager to beef up access to rare earths outside China. Reuters | April 28, 2022 | 7:49 am
Eramet raises profit target as metal prices outweigh costs The company reported first-quarter sales of 1.2 billion euros, up nearly 80% from a year earlier. Reuters | April 28, 2022 | 7:42 am
Vale Indonesia, Huayou sign deal to build Pomalaa nickel plant They will develop a facility known for a process called high-pressure acid leaching (HPAL), with a potential mixed hydroxide precipitate production capacity of 120,000 tonnes of nickel content per year. Reuters | April 28, 2022 | 7:00 am
Gatos Silver halts operations as Mexican regulator pulls permit Shares fell 7% following the suspension of the explosive and blasting permit. Staff Writer | April 28, 2022 | 6:05 am
New annealing method maintains the structure of gold, silver in alloys The development will prove useful in the manufacture of contact lenses, holographic optical elements and other optical components. Staff Writer | April 28, 2022 | 5:05 am
Glencore hails trading unit outlook, cuts copper guidance It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion. Cecilia Jamasmie | April 28, 2022 | 3:47 am
China locks down part of its northern hub for coal shipping The city in Hebei province has locked down its Haigang district, which includes the port, after infections were found in the area. Bloomberg News | April 27, 2022 | 10:17 pm