Aluminum industry faces big decarbonization challenges — report
An analysis by Wood Mackenzie states that aluminum’s role in the green economy may be dampened by the industry’s steep road to secure low-carbon power.
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Weak emission standards may lead Europe to risk €27bn in battery investments — report
According to the European Federation for Transport and Environment, weak CO2 standards give carmakers little incentive to increase the sales of electric cars until 2030.
Sierra Metals granted key permit for Peruvian expansion
It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.
China to release copper, aluminium and zinc reserves to stabilize prices
Notice came as Beijing struggles to cool a surge in metal prices this year fuelled by a post-pandemic economic recovery, ample global liquidity and speculative buying that has dented manufacturers’ margins.
Britain in talks with 6 firms about building gigafactories for EV batteries
Ford, Nissan, LG and Samsung, Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support.
Canada, EU in raw materials pact to cut China reliance
“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.”
Vale, BHP propose $238m DIP financing for Samarco
Samarco's debt with Vale and BHP totals 23 billion reais, while bondholders are owed the equivalent of 26 billion reais.
Early Tesla investor backs firm that tracks metals supply chain
The startup uses artificial intelligence, blockchain and other technologies in its software platform.
Coeur invests $68 million in exploration for 2021
In the first four months of 2021, the company has completed 103,750 metres across the two projects.
