De Beers-Botswana deal signals rocky road for rough diamonds De Beers, along with the rest of the global diamond sector, is facing headwinds from a 6.5% drop in diamond prices in the year to date. Reuters | July 3, 2023 | 11:44 am
China’s Yunnan region ramps up aluminum production as power curbs eased Analysts had previously expected between 1-1.3 million tons of production to resume in the Yunnan region during the summer months. Reuters | July 3, 2023 | 11:38 am
BYD takes next steps on $290 million lithium project in Chile BYD in April was granted access to preferential prices for lithium carbonate in the country. Bloomberg News | July 3, 2023 | 10:24 am
POSCO plans $93 billion of investment by 2030 POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries. Reuters | July 3, 2023 | 10:14 am
China to restrict exports of metals critical to chip production Gallium and germanium, along with their chemical compounds, will be subject to export controls starting Aug. 1. Bloomberg News | July 3, 2023 | 9:56 am
China jumps ahead in the rush to secure lithium from Africa Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027. Bloomberg News | July 3, 2023 | 9:36 am
Gold price advances on weaker US economic cues “Gold has probably found a home around $1,900,” said analyst. Staff Writer | July 3, 2023 | 8:53 am
The world’s appetite for solar panels is squeezing silver supply Solar's share of total consumption is forecast to be 14% this year, up from around 5% in 2014. Bloomberg News | July 3, 2023 | 8:43 am
China set to boost state cobalt reserves after tumble in prices The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt. Bloomberg News | July 3, 2023 | 8:34 am