China lithium prices near record as power cuts squeeze market Sichuan, home to more than a fifth of China’s lithium production, extended industrial power cuts this week. Bloomberg News | August 23, 2022 | 8:54 am
Russian diamonds are quietly flowing again after sanctions chaos Alrosa is back selling more than $250 million of diamonds a month. Bloomberg News | August 23, 2022 | 8:47 am
Electric car battery bottlenecks have a way of being worked out Amid all the excitement about battery metal demand, prices for cobalt have plunged 40% from their highs earlier this year. Bloomberg News | August 23, 2022 | 8:42 am
Boliden declares force majeure on zinc amid Norway strike Swedish miner declared force majeure due to a strike among Norwegian electrochemical industry workers. Reuters | August 23, 2022 | 8:20 am
Volkswagen, Mercedes-Benz team up with Canada in battery materials push The agreement includes the production ramp-up of cathode materials. Reuters | August 23, 2022 | 8:17 am
Green economy may lead to sulfur shortages – study A recent study states that global demand for sulfuric acid is set to rise significantly from 246 to 400 million metric tonnes by 2040. Staff Writer | August 23, 2022 | 6:06 am
Zijin restarting production at Colombia gold mine after blockade Zijin produced 196,493 ounces of gold last year and 294,581 of silver. Reuters | August 22, 2022 | 8:03 pm
Electric vehicle industry prizes steel over aluminum, Cleveland-Cliffs CEO says Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles. Bloomberg News | August 22, 2022 | 4:33 pm
South32 nixes $700 million investment in NSW met coal mine Australian miner citied insufficient prospective returns from the expected expenditure. Reuters | August 22, 2022 | 3:56 pm