Komatsu to unveil Proterra powered electric construction equipment The first Proterra Powered all-electric excavator will be unveiled next week at the bauma2022 trade fair in Munich. Komatsu | October 19, 2022 | 1:16 pm
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. Reuters | October 19, 2022 | 10:55 am
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. Reuters | October 19, 2022 | 10:37 am
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. Reuters | October 19, 2022 | 10:26 am
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. Bloomberg News | October 19, 2022 | 9:53 am
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. Bloomberg News | October 19, 2022 | 9:38 am
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. MINING.COM Staff Writer | October 19, 2022 | 8:48 am
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. Staff Writer | October 19, 2022 | 8:40 am
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. Reuters | October 19, 2022 | 8:33 am