Toronto hedge fund surges 39% on lithium bets
The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.
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Samarco expects iron ore pellet production to rise up to 11% in 2023
Samarco Mineracao expects to end 2022 with production of 8.1 million tonnes of iron ore pellets, up 5.2% on 2021.
Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps
The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process.
Iron ore price retreats on surging China covid cases
China is in the first of an expected three waves of covid cases this winter.
Tesla may announce $800m to $1bn investment in Mexico plant in coming days
Tesla could announce the construction of a "Gigafactory" in the northern Mexican state of Nuevo Leon as soon as Friday.
China Nov aluminum imports fall amid rising domestic supply
China's aluminum imports in November fell 35.7% from a year earlier as a result of mounting domestic supply.
Nickel tycoon plans new plant to avoid future LME short squeezes
Tsingshan is building a plant in Sulawesi, Indonesia, to produce 50,000 tonnes of refined nickel a year.
Bumper green aluminum output is good news for carmakers, and climate
Global supplies of low-carbon aluminum have been robust for several years but dipped in 2022.
Uzbekistan starts shipping copper to Europe, bypassing Russia
Uzbekistan has for the first time sent a train loaded with copper to Europe via a new route bypassing Russia.
