Copper price extends gains on hopes for less aggressive interest rate increases Meanwhile, New York Federal Reserve President said that monetary policy will need to be restrictive of growth for a few years. MINING.COM Staff Writer | February 9, 2023 | 5:11 am
Cobalt’s battery-powered boom has turned to bust While automotive usage is still rising, there’s been a sharp drop-off in buying from Chinese electronics. Bloomberg News | February 9, 2023 | 4:53 am
Polymetal negotiates to keep London listing as GDRs Polymetal is negotiating to keep its listing in the form of global depositary receipts after the company moves to Kazakhstan. Reuters | February 9, 2023 | 4:37 am
Hindalco posts 63% slump in Q3 profit, sees “much better” Q4 Profit more than halved at Hindalco's aluminum upstream segment, which includes bauxite and coal. Reuters | February 9, 2023 | 4:28 am
Future Mexican lithium tie-ups must give govt majority stake: LitioMx CEO President Lopez Obrador created LitioMX, formally known as Litio Para Mexico, by decree last August. Reuters | February 9, 2023 | 4:20 am
Africa gears up to keep more of the profits from lithium boom Lithium-rich countries, including Zimbabwe and Namibia, are trying to develop processing and refining industries. Reuters | February 9, 2023 | 4:14 am
Ivanhoe Mines seeking strategic partner to mine more copper in Congo The company's founder, Robert Friedland, said he might bring in a minority partner to help develop DRC copper assets. MINING.COM Editor | February 9, 2023 | 4:13 am
Fortescue Metals preparing to cut up to 1,000 jobs The cuts would be across Fortescue Future Industries, a clean energy subsidiary focused on producing hydrogen. Reuters | February 9, 2023 | 4:04 am
Pilbara Minerals in very early stages of considering M&A Speculation has grown that Canada's Patriot Battery Metals may be an acquisition target. Reuters | February 9, 2023 | 3:59 am