China’s weak industrial recovery is weighing on coal consumption Key industrial users of the fuel including steel mills and cement plants are demanding more discounts on coal purchases to help cover losses. Bloomberg News | May 11, 2023 | 8:23 am
China’s GEM to build a $500m joint nickel project in Indonesia The project, sited in Indonesia Morowali Industrial Park, will produce 20,000 tonnes per year of nickel. Reuters | May 11, 2023 | 8:18 am
Head of new lithium giant building supply chain for Americas “America-centric is a big differentiator for us with customers, with investors,” said Livent CEO Paul Graves. Bloomberg News | May 11, 2023 | 7:57 am
Sprott backs Seabridge Gold with $150 million KSM smelter royalty The KSM project is the world’s largest undeveloped gold-copper project, when measured by resources. Staff Writer | May 11, 2023 | 6:52 am
Scientists find two different types of water in lithium-rich salt flats US-based researchers have characterized for the first time two types of surface water in the hyperarid salars that contain much of the world’s lithium deposits. Staff Writer | May 11, 2023 | 6:08 am
Glass Lewis joins call for increased Glencore disclosure on coal Glencore is one of the world’s top thermal coal exporters and Australia’s largest miner of the fossil fuel. Reuters | May 11, 2023 | 4:50 am
Chile’s mining royalty bill heads for final vote The long-awaited and several times amended mining royalty bill is back at the lower chamber with a vote expected next week. Cecilia Jamasmie | May 11, 2023 | 3:44 am
Silver Lake submits revised bid for St Barbara’s Leonara assets St Barbara said earlier this month it would continue to back a bid of A$600 million from Genesis Minerals. Reuters | May 10, 2023 | 4:54 pm
Deadly Peru mine is partner in Switzerland’s efforts to clean up gold supply Top Swiss-based refiner Metalor is currently the mine’s only gold buyer, which shipped $363 million worth of gold to Switzerland since 2016. Bloomberg News | May 10, 2023 | 12:59 pm