Chile posts $1.314bn trade surplus in May, copper exports up 70% y/y
The value of copper shipments increased 70% year-on-year to $4.967 billion in May.
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Gold price stays flat as Yellen’s comments drove up US yields
While gold is pretty bullish, US Treasury Secretary Janet Yellen’s comments are keeping a lid on prices, analyst says.
Iron ore price down as Chinese imports fall
Chinese imports fell nearly 9% in May with further weakness expected in coming months, putting pressure on prices for the steelmaking material.
Cornish Lithium geothermal water test site ready
United Downs geothermal water test site and demonstration plant will be used to trial direct lithium extraction (DLE) process technologies.
Rusal to complete demerger of higher carbon assets in early 2022
Company plans to change its name to AL+ as part of the process, which it hopes will help it to achieve carbon neutrality by 2050
Aboriginal group disappointed by Rio Tinto board hire
Ben Wyatt is to be Rio Tinto's first Indigenous board member in a move to restore a reputation tarnished after last year's destruction of the Juukan Gorge rock shelters.
Endeavour sets dividend policy ahead of London listing, shares flat
Company said it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a LSE listing expected next week.
Avima launches arbitration against Congo Republic in iron ore dispute
Company is seeking $27 billion in damages after the government stripped its production license last year.
Funds flood into Australian battery mineral explorers – report
Australian-listed explorers raised A$2.37 billion ($1.81 billion) in the March 2021 quarter, the most since BDO started the series in 2013.
