Billionaire drops Australia coal mine appeal in blow for sector
Clive Palmer’s Waratah Coal has withdrawn an appeal to open what would have been the country’s biggest mine.
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LG Chem prepares to lock in mineral supplies
The South Korean company is doing “a lot of projects” to ensure it has a stable source of supply.
Ford plans to build EV battery plant in Michigan with Chinese partner
Ford is moving ahead with the project despite uncertainty around how the US Treasury Department will interpret requirements in the Inflation Reduction Act.
Freeport Indonesia suspends some work at Grasberg mine after floods
The situation was under control, but the company gave no estimate of when operations would resume.
Trafigura’s nickel nemesis was already notorious in metal circles
Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.
Teck fined over $11 million for failing to build water treatment facility in British Columbia
The Ministry of Environment and Climate Change Strategy ordered Teck Coal to construct and operate facilities by December 2018.
Comparing the metal values of the world’s biggest sports trophies
Despite its global recognition and prestige in North American sports, the Vince Lombardi Trophy may not be worth as much as we'd think.
Trafigura tells its banks they aren’t exposed to nickel fraud
Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.
Gold ETFs register $1.6bn in outflows during January – report
While the gold price witnessed its strongest January in a decade, gold ETF outflows in Europe and Asia dwarfed positive demand in North America.