South Africa optimistic for tax breaks to kick-start EV industry
South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries.
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UN deep-sea mining body considering expelling Greenpeace
The Metals Company took legal action against activists who disrupted a research expedition when they boarded its vessel in the remote Pacific.
Gold miners’ Q4 2023 fundamentals
The major gold miners are finishing reporting their latest quarterly results, which proved mixed.
Global commodity trading profits topped $100 billion for second-best year ever
While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.
Avalon enters $11 million funding agreement for lithium processing facility
The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks.
Indonesia says Vale to build another $2bn HPAL plant
PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island.
China coal output posts first decline since Beijing ordered more
Coal production dropped 4.2% from a year earlier for January and February combined, the first year-on-year decline since September 2021.
Put sanctions on Russian-origin aluminum, not on Rusal, industry group says
So far, sanctions have not been imposed, but they are still on the agenda in the EU.
Thungela sets higher coal output target as it seeks more assets
The newly acquired Ensham mine is forecast to ramp up output to about 4 million tons by 2026 from 2.9 million tons last year.