Lotte Energy moves to become copper foil leader by 2028
The South Korean firm aims in the to grab a 30% share of the global market for copper foil, a key component in EV batteries.
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Los Andes Copper weighs funding options for Chile project including sale
The company was recently authorized to restart drilling at Vizcachitas after fulfilling conditions laid out by an environmental court.
De Beers-Botswana deal signals rocky road for rough diamonds
De Beers, along with the rest of the global diamond sector, is facing headwinds from a 6.5% drop in diamond prices in the year to date.
China’s Yunnan region ramps up aluminum production as power curbs eased
Analysts had previously expected between 1-1.3 million tons of production to resume in the Yunnan region during the summer months.
BYD takes next steps on $290 million lithium project in Chile
BYD in April was granted access to preferential prices for lithium carbonate in the country.
POSCO plans $93 billion of investment by 2030
POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries.
China to restrict exports of metals critical to chip production
Gallium and germanium, along with their chemical compounds, will be subject to export controls starting Aug. 1.
China jumps ahead in the rush to secure lithium from Africa
Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.
Gold price advances on weaker US economic cues
“Gold has probably found a home around $1,900,” said analyst.