Platinum-group prices are being hammered by the chip shortage
The shortage of semiconductors is clobbering the price of platinum-group metals as investors brace for a long-lasting hit to car production.
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Sibanye-Stillwater grabs 50% of Nevada lithium project for $490 million
The deal is one of the largest ever in the US lithium market and it t marks Sibanye’s third battery metal investment this year.
Rio Tinto hit with fresh tax bill in Australia
The country's tax authority is asking Rio to pay $277m related to a 2015 borrowing used to pay an intragroup dividend.
China’s XTC New Energy plans $1.6bn battery material investment
Plant will eventually produce 100,000 tonnes of lithium iron phosphate and 60,000 tonnes of ternary materials annually.
New database to help mining companies predict behavior of tailings flows
Researches at the University of Waterloo found that catastrophic tailings flows have happened once every two to three years since 1965.
Vulcan Energy gets firm commitments for $146.58m discounted placement
Funds raised would be used to progress Vulcan's zero-carbon lithium development in Europe, which has an offtake deal with the battery unit of South Korea's LG Chem.
Aluminum price rises on talks of fresh output curbs in China
China's aluminum output in August slipped for a fourth straight month.
China will release more metal reserves to ease supply shortage – state planner
"Currently, copper, aluminum, and zinc prices are still high," said Li Hui, an official from the National Development and Reform Commission.
Australia snubs court’s climate order to approve coal project
Environment Minister has given environmental consent for Whitehaven Coal to proceed with a $440 million plan to extend open-cut mining at its Vickery operation in New South Wales.
