Glencore to honour pre-existing Russia contracts, no new deals Glencore holds a 10.5% stake in aluminum and hydropower company En+ that in turn is the majority owner of Rusal. Reuters | March 30, 2022 | 7:52 am
FPX Nickel creates new subsidiary focused on carbon capture and storage CO2 Lock is expected to operate as a standalone entity from FPX, and will establish ownership interests in prospective mineral tenures. Staff Writer | March 30, 2022 | 7:50 am
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer. Reuters | March 30, 2022 | 7:48 am
South Korea pushes for recycling of rare metals South Korea wants to strengthen its domestic supply chain in the semiconductor and battery sectors. Staff Writer | March 30, 2022 | 6:06 am
Tesla inks secret multi-year nickel supply deal with Vale The deal is one of several the electric vehicles giant has forged over the last year to secure supply of battery metals. Cecilia Jamasmie | March 30, 2022 | 6:03 am
Trudeau climate plan calls for 42% cut in oil and gas emissions Prime Minister Justin Trudeau’s blueprint promises industry a tax credit to help pay for carbon-capture projects, but doesn't set cap on the fossil-fuel sector. Bloomberg News | March 30, 2022 | 4:38 am
Congo halts court case against China Moly’s Tenke mine Government said it had laid out “a road map to exit the crisis, along with a timeline" for the two sides to come to an agreement. Cecilia Jamasmie | March 30, 2022 | 3:47 am
China copper smelters raise Q2 treatment charge floor as supply woes ease The rates are up 14.3% from $70 per tonne and seven cents a pound in the first quarter. Reuters | March 29, 2022 | 10:02 pm
From VW to JPMorgan, the unlikely cast behind nickel’s big squeeze Getting to the bottom of who did what, when, and why, could take months or years. Bloomberg News | March 29, 2022 | 4:23 pm