Iron ore price rises as China cuts lending benchmarks China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy. MINING.COM Staff Writer | August 23, 2022 | 9:57 am
Mexican mining industry expects investments to rise 15% in 2022 Mexico's mining industry plans to invest $5.5 billion in 2022. Reuters | August 23, 2022 | 9:57 am
Top Middle East aluminum producer posts record profit Emirates Global, whose shareholders are considering an initial public offering, posted a record first-half profit as prices of the metal soared. Bloomberg News | August 23, 2022 | 9:52 am
Two charts show copper price drop may have been overdone Copper is China's only growing commodity import in 2022 as the country’s inventories drop 60% in a year and worldwide stocks decline to just 3.5 days consumption. Frik Els | August 23, 2022 | 9:50 am
CATL profit surges as battery giant moves on from tough quarter CATL’s Shenzhen-listed shares have gained about 50% since a low in May as the company ramps up global capacity. Bloomberg News | August 23, 2022 | 9:02 am
China lithium prices near record as power cuts squeeze market Sichuan, home to more than a fifth of China’s lithium production, extended industrial power cuts this week. Bloomberg News | August 23, 2022 | 8:54 am
Russian diamonds are quietly flowing again after sanctions chaos Alrosa is back selling more than $250 million of diamonds a month. Bloomberg News | August 23, 2022 | 8:47 am
Electric car battery bottlenecks have a way of being worked out Amid all the excitement about battery metal demand, prices for cobalt have plunged 40% from their highs earlier this year. Bloomberg News | August 23, 2022 | 8:42 am
Boliden declares force majeure on zinc amid Norway strike Swedish miner declared force majeure due to a strike among Norwegian electrochemical industry workers. Reuters | August 23, 2022 | 8:20 am