Caterpillar, steelmakers gain as Biden deal ups demand view
Heavy-equipment maker and steelmakers surged as US president’s bipartisan $579 billion infrastructure deal buoyed the outlook for demand.
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Long-duration thermal battery developed to move remote mine sites away from diesel
MIT spinoff 247Solar developed a battery that uses silica sand and electric resistance coils to generate ultra-high temperature heat from clean energy sources.
Hanrui Cobalt applies for HK listing to fund expansion
Company is one of China's biggest producers of the metal and is building new facilities in the southern Chinese city of Ganzhou to produce 10,000 tonnes per year of cobalt chemicals.
MINING PEOPLE: FPX Nickel, Global Atomic, IsoEnergy, Reunion Gold, Roscan Gold, Taseko, Teck
Key moves in the mining sector.
London copper price rises on Biden infrastructure deal
US President Joe Biden embraced a bipartisan Senate deal to spend hundreds of billions of dollars on infrastructure projects.
China copper smelters set Q3 treatment charge floor at $55/t
Spot treatment charges for copper concentrate in China have been languishing near-decade lows in 2021 amid tight mine supply globally.
Rio kept destruction of Ice Age Australia heritage secret, Aboriginal group says
The Wintawari Guruma Aboriginal Corporation says Rio Tinto kept existence of traditional site in its license as secret.
US Justice department backs land swap for Rio Tinto’s Arizona copper mine
The DOJ filed legal briefs to oppose claims by Apache and conservationist groups, which oppose the Resolution Copper mine.
ANIMATION: Top 20 gold producing countries – 2020
Global gold production fell by 3.8 million ounces in 2020 as covid-related disruptions in South America more than offset gains in Russia and West Africa.
