Ferrari owner says energy transition shakeup could create a new Tesla
John Elkann, the scion of Italy’s Agnelli clan, sees potential for a “new Tesla” to emerge from the current wave of energy transition.
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RANKED: World’s largest clay and hard rock lithium projects
In a snapshot of the global project pipeline, Miningintelligence data provides a ranking of the largest projects in 2022.
China to host almost a third of the world’s new coal mines
Based on data from Global Energy Monitor, China had 559 million tonnes of proposed new coal mines at the start of the year.
Ero Copper shares rise on nickel discovery near its Caraiba mill in Brazil
The discovery, known as the Umburana System, has been traced for 5 km so far and is open in all directions.
Gold price drops as US data signal more aggressive Fed tightening
Bullion earlier fell as much as 1.1% on renewed strength in the US dollar as recession concerns returned.
Glencore reviews lead operations at Italian plant due to high power prices
Glencore put zinc sulphide operations at the Portovesme plant on care and maintenance in November 2021, but continued production of zinc recycling and lead.
Rio Tinto starts producing spodumene at Quebec plant
The Quebec plant was commissioned in June and produced its first ton of spodumene concentrate in July.
LME mulling consultation on banning Russian metal
Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.
Top-gaining Asia stock with 1,650% jump is Indonesian miner
Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.
