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.
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Equinox confirms path to extend Los Filos mine life to 2036 with new feasibility study
Total LOM production is estimated at 3.97 million oz. of gold, peaking during 2025-2030 at average production of 360,000 oz. per year.
Glencore delivers Russian-origin aluminum into LME system
Stocks of aluminum in LME warehouses jumped 65,825 tonnes to 433,025 tonnes on Friday.
Baker Hughes taps Newmont’s Nancy Buese as finance chief
Newmont had said that Buese will step down, and be replaced by insider Brian Tabolt on an interim basis.
South Africa’s EV dream threatens $8.5 billion in climate aid
South Africa is the world’s 13th-biggest source of greenhouse-gas emissions and relies on coal for more than 80% of its electricity.
China to remain a key trade partner for Australia, official says
Australia has been a rare beneficiary of Russia’s war on Ukraine.
Covid in China’s coal hubs crimps supply as winter demand looms
China’s two biggest coal-producing regions have been hit by virus flare-ups and lockdowns that are disrupting supplies and boosting prices.
China may buy more Russian copper to blunt expected premium hike
Premiums of physical copper sales to China in 2023 are expected to rise to between $150 to $210 per tonne over the benchmark London Metal Exchange price.
Global copper market to see 155,000 tonne surplus in 2023, says ICSG
World refined copper production is forecast to rise by about 2.8% in 2022 and 3.3% in 2023.
