Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal
Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.
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Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid
Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.
Lithium trading hits record on CME as funds seize budding market
The drop in lithium prices has flipped the market into a contango, creating opportunities for funds.
Iron ore’s reset to $100 heralds China’s new economy shift
Iron ore’s weakness comes amid tentative signs that the wider economy is beginning to heal.
Deutsche Bank says Glencore may weigh listing move to US
The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New York.
Electra Battery to source cobalt from Eurasian Resources for Ontario refinery
Once fully commissioned, the refinery could produce sufficient cobalt for up to 1.5 million electric vehicles annually.
Electra commissions clean iron pilot plant
Electra announced the commissioning of a pilot plant to produce metallic iron from already mined, high-impurity ores.
Paladin Energy kicks off commercial production at Namibia uranium mine
The company will now focus on ramping up operations at its 75%-owned Langer Heinrich uranium mine as demand for the material picks up.
Copper price rallies amid rising optimism on Chinese economic outlook
Investors are becoming more optimistic about the world’s second-largest economy after the official March manufacturing purchasing figures.