BMW, Volkswagen suppliers face scrutiny over ties to Xinjiang
The concerns center around the production of aluminum, raising questions for another key industry about alleged human rights abuses in its supply chain.
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Gold stock upleg mounts
With sector herd psychology improving, gold stocks are increasingly outperforming their metal again.
Rio says climate change “at heart of strategy” after investors demand action
Chief Executive Jakob Stausholm said the company had committed to increasing research spending to develop technologies enabling its customers to decarbonize.
Big Short keeps nickel market on edge one month after squeeze
The world’s main nickel market is broken and no one seems to know how to put it back together.
London market blocks newly refined Russian platinum and palladium
The decision comes a month after a similar industry group, the London Bullion Market Association, suspended the accreditation of Russian refiners.
Rusal ‘disagrees’ with Rio taking control of refiner Queensland Alumina
Rio's move effectively cuts Rusal's access to production and management at the refiner under an Australian ban against exporting alumina and aluminum ores.
Rio Tinto’s board backs Simandou iron ore mine in Guinea
Getting Simandou under development would be a second major win for Chief Executive Officer Jakob Stausholm.
Gatos Silver achieves record quarterly production, shares up
It produced a record 2.39 million oz. of silver during the first quarter of 2022, representing a 58% increase over Q1 2021.
Chile sues BHP, Albemarle, Antofagasta over water use
Lawsuit singles out BHP’s Escondida copper mine, Antofagasta and Barrick’s 50-50 Zaldívar operation and Albemarle’s lithium assets.
