Iron ore price falls to lowest in 3 months on weak steel demand
Analysts expect steel demand to gradually pick up.
Latest Stories
China’s lithium hub cuts back production after price collapse
Some lithium producers in Yichun in Jiangxi province, including two major ones, have reduced processing rates to stem losses.
Musk puts $14 trillion price tag on sticking by fossil fuels
At peak levels, the world would need to dig up 3.3 gigatons of earth every year to obtain the necessary metals.
Germany’s Stolberg lead smelter reopens after sale to Trafigura
The Stolberg plant largely supplies European battery producers with lead.
De Beers finds diamond within a diamond, names it the “Beating Heart”
The 0.33-carat rough diamond has an internal cavity enclosing a smaller loose diamond, which moves around within the space.
Technology to extract REE from acid mine drainage gets $8m from US government
West Virginia University received a grant from the US Department of Energy to develop a pre-commercial demonstration facility for separating and refining rare earth elements from acid mine drainage and coal waste.
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
They have agreed with Papua New Guinea on the terms of a contract to start developing their joint copper and gold project.
Amazon looks to grow diamonds in bid to boost computer networks
Amazon and De Beers are betting that custom-made gems could could help revolutionize computer networks.
Australia is quitting coal in record time thanks to Tesla
The original Tesla battery, owned and operated by France-based renewables group Neoen SA, is now a cornerstone of South Australia’s grid.
