Turquoise Hill CEO quits on Rio Tinto meddling
Ulf Quellmann has resigned after top shareholder Rio Tinto told the Canadian miner it plans to vote against his re-election.
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Green revolution gets more expensive as copper price rallies
Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly.
Global copper smelting edges lower in February due to Chinese holiday
The decline in China was partially offset by gains in Europe and North America.
Congo’s cobalt and copper production jumped in 2020, central bank says
Congo produced 85,855 tonnes of cobalt in 2020, up 10% from 2019.
Resource nationalism surge spells rough times for miners
Resource nationalism has been on the rise over the past year, but Verisk Maplecroft believes the worst is yet to come for miners as governments try to claw back the financial losses of the pandemic.
Electric car battery cobalt prices are rocketing
Soaring demand in China, ongoing logistics issues along the Congo-South Africa-China route lift prices over 30% in single month, says Benchmark.
Energy storage boom to propel zinc battery demand, industry association says
Annual demand for zinc in batteries was only 600 tonnes in 2020 but that figure is projected to rise to 77,500 tonnes in 2030
Price queries soar after halt of open outcry trading, LME says
The 144-year-old exchange published data for the first time about the number of challenges to provisional prices at the close of trade.
Tsingshan signs pacts for 100,000 T nickel matte in EV push
Chinese firms have been stepping up focus on EVs in the world's biggest market for such vehicles.