Sumitomo Metal plans 11% cut in full-year copper output
The decline comes as it plans to conduct two-month maintenance at its Toyo Smelter & Refinery in Ehime, western Japan.
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Mitsui Mining expects H1 zinc output falling 4.7% y/y
Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year.
Tribeca sees China tensions powering new green metals bets
Rising geopolitical tensions and the prospect of industrial decoupling are fueling a surge of interest in the processing of energy-transition metals outside China.
Chile economy contracts more than expected on mining drop
Mining activity tumbled 3.1% in February from the previous month.
Agnico Eagle becomes sole owner of Canadian Malartic mine
The world’s third-biggest bullion producer now owns the Canadian Malartic, one of North America’s biggest gold mines.
Researchers find new way to shape tiny gold pieces for electronics
Using highly charged ions, it is possible to melt or flatten nano gold nuggets.
Teck rejects unsolicited $23bn takeover bid from Glencore
Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources.
OPEC+ makes shock million-barrel cut in new inflation risk
The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.
Australia’s energy storage capacity needs 10-fold increase by 2050 – report
Rapidly rising energy demand spurred by the ongoing electrification of building and transport industries requires that Australia grows its energy storage capacity at least 10-fold by 2050.
