Trafigura, IXM caught in Comex copper short squeeze as prices hit record
US Comex copper May futures hit a record peak of $5.18 a lb.
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Iron ore price slides as prospects of softening demand, Biden’s new China tariff weigh
US President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports.
Coal India, NMDC exploring lithium mines overseas
The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas.
EU to call for mineral projects, eyes joint purchases
The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.
Gold-infused sensor effectively detects presence of fentanyl
A new sensor that relies on carbon nanotubes and gold nanoparticles can detect even small amounts of fentanyl.
Vale Indonesia granted mining permit extension to 2035
Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.
Lucapa to sell majority stake in Lesotho diamond mine
The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.
Brazil states ask court to double what Vale, BHP should pay for dam burst
Minas Gerais and Espirito Santo states have asked a court to order Vale and BHP to pay a total 100 billion reais.
BYD postpones plans for 2025 Chile lithium cathode plant
Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment.
