LME launches six new contracts, including lithium and scrap aluminium
The LME had delayed the launch of its lithium hydroxide and the five other new contracts from an original date of June 14.
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Copper price falls amid covid-19 worries
China will continue to release copper, aluminum, and zinc from its state reserves in batches.
China frictions steer electric automakers away from rare earth magnets
As tensions mount between China and the US, automakers are trying to reduce their reliance on permanent magnets.
China to add 110 million tonnes of coal production capacity in H2 2021
The world's biggest coal consumer had added more than 140 million tonnes per annum of coal mining capacity in the first half of this year.
China Moly’s Congo mine expansion project starts trial production
The expansion project of the TFM mine is expected to produce 88,500 tonnes of copper cathode and 7,280 tonnes of cobalt hydroxide.
Benga Mining will appeal rejection of Canada coal mine
A panel found that the likelihood of significant adverse environmental effects resulting from the Grassy Mountain mine outweighed economic gains.
Vulcan Energy signs lithium hydroxide supply deal with LG Chem unit
It is the first deal of its kind for Vulcan's project in Germany, and would account for a quarter of total output once the project is fully ramped up from 2026.
Assmang calls force majeure on manganese alloys in South Africa
Assmang halts KwaZulu-Natal manganese operations amid South African riots.
New York beating London as trading hub for booming cobalt market
Trading activity in CME’s contract has been gathering steam since its launch in December.