Tesla secures 5-year lithium supply from Liontown
Australia's Liontown Resources will provide the EV giant with more 100,000 tonnes of lithium spodumene concentrate a year, starting in 2024.
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VW set to boost output, pick new EV plant site, amid chip crunch
It plans build a new state-of-the-art car factory close to its headquarters in Wolfsburg, Germany, to raise its game as electric-vehicle rival Tesla TSLA.O builds a plant near Berlin.
Barrick Gold announces $1bn buyback as quarterly earnings jump
Barrick also increased its regular quarterly cash dividend by 11% as it exceeded earnings estimates.
Visualizing the value of precious metals royalty agreements
This graphic by Visual Capitalist breaks down the catalysts that unlock compounding value for royalty holders, and how precious metals royalties outperform other income investments.
Syrah Resources to expand Louisiana graphite processing facility
Syrah will add 180,000 square feet of real estate to its existing 50,000 square-foot Louisiana facility.
Gold reserves at Venezuelan central bank down to new 50-year low
The bank for decades held more than 300 tonnes equivalent of gold, but between 2015 and 2017 the government began using the precious metal as a collateral for loans with international banks.
Fortescue Metals first-half profit drops 32% as costs weigh
The miner posted an underlying net profit of $2.78 billion, compared with $4.08 billion a year earlier.
Chile starts debate of new Constitution amid jitters over mining, Congress plans
Embryonic plans to nationalize mining, the creation of a one-chamber Congress, water rights, and protections for indigenous territories are some of the more edgy motions the assembly will discuss.
Tension-blinded gold ignores the real threats: USDX and Fed
Gold continues to benefit from the market turmoil and has apparently forgotten about medium-term problems.