Premium iron ore piles up in South Africa amid rail constraints State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism. Bloomberg News | February 21, 2023 | 10:10 am
BHP says reform to LME nickel contract ‘long overdue’ Concern about the reliability of LME prices has led some producers and consumers to try and find alternatives. Reuters | February 21, 2023 | 9:52 am
ATAC enters LOI with Hecla after shunning Victoria Gold takeover bid ATAC Resources is now set to be sold to Hecla Mining in a deal valued at C$31 million. Staff Writer | February 21, 2023 | 9:22 am
Iron ore price surges to 8-month high on renewed optimism around China’s reopening BHP flagged a brightening demand outlook in the top steel producer country. MINING.COM Staff Writer | February 21, 2023 | 9:08 am
Copper price rises despite weak Chinese demand Demand recovery is expected in mid or late-March, according to some market participants. MINING.COM Staff Writer | February 21, 2023 | 8:40 am
China supply concerns boost aluminum prices China's Yunnan province has asked aluminum producers to reduce power consumption by 40-42% from September levels. Reuters | February 21, 2023 | 8:08 am
Nickel market oversupplied by 112,200 tonnes in 2022, INSG says The global nickel market recorded a deficit of 166,600 tonnes in 2021. Reuters | February 21, 2023 | 7:58 am
Gold miner Amman considering $1 billion Indonesian IPO The miner owns the second-largest copper and gold mine in Indonesia. Bloomberg News | February 21, 2023 | 7:50 am
Lithium price plunge is pitting Cathie Wood against sector veterans Lithium carbonate in China has tumbled almost 30% since touching a record in November. Bloomberg News | February 21, 2023 | 7:44 am