Tsingshan ‘has not given up’ on Chile lithium plans despite plant retreat
Tsingshan and Chinese automaker BYD backed out of plans this week to build major lithium cathode plants in Chile.
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China’s rare earth exports drop as trade war crimps supply
Overseas sales fell 16% in April from March to 4,785 tonnes.
Guinea moves to cancel mining rights of non-compliant companies
President Doumbouya instructed his government to withdraw permits from mining companies that don’t respect their legal commitments to the country.
Nippon Steel expects profit to drop 43% this year, US Steel decision by early June
Nippon Steel's $15 billion bid for U.S. Steel, rejected by President Joe Biden, is under review.
China launches campaign to crack down on strategic minerals smuggling
The campaign urges government departments to target typical evasion methods such as false reporting, concealment, and smuggling.
Cost of Sibanye lithium project in Finland rises 17% to $880M
The revised figure covers the development of the Keliber project through to hot commissioning of the refinery.
China’s copper concentrate imports at record high as more smelters prepare to open
Copper inventories on the Shanghai Futures Exchange are expected to fall again this week, according to traders, with the swift drawdown likely to lift prices and increase the incentive for traders to send copper back to China.
Copper output from Codelco climbs 15% in March
Meanwhile production at BHP's Escondida mine, the world's largest copper mine, leaped almost 19%.
MP Materials swings to quarterly loss on rising production costs
The results are the first since the Las Vegas-based company said last month it would stop shipping the critical minerals to China.