Mining giants warn Chile mining royalty would impact investment
BHP and Antofagasta said a mining royalty bill in Chile would affect competitiveness and encourage miners to reevaluate investments.
Latest Stories
LME Week: spotlight on LME nickel debacle and the fate of Russian metal
Possible sanctions on Russian metal, lawsuits, a battle to recover trust and a slump in nickel trading after the March fiasco are just some of the headwinds facing the LME.
Automakers need more time to meet US minerals requirements for EVs – execs
New restrictions on battery sourcing and critical minerals, along with price caps and income caps, take effect on Jan. 1.
Rio Tinto’s proposed deal for Turquoise Hill endorsed by Glass Lewis
Advisory firm recommended Turquoise Hill shareholders vote for Rio Tinto’s cash offer to acquire 49% of the shares it doesn’t own for C$43 a share.
World steel use to fall in another bleak sign for global economy
Demand for the metal -- which is widely viewed as an economic barometer -- will drop 2.3% in 2022, bucking an April outlook for a small increase.
Iron ore price lowest in 11 months on supply pressures, weakening demand
Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.
Gold price at 3-week low as UK inflation jumps again
“The market continues to be quite worried about aggressive Federal Reserve monetary tightening,” analyst said.
LME copper stocks plunge again as metal heads to China
The amount of available copper in the London Metal Exchange's warehouse network has halved over the last eight days.
Biden awards $2.8 billion to boost US minerals output for EV batteries
Albemarle and Piedmont are among the 20 manufacturing and processing companies winning US Energy Department grants.
