US carmakers passing up lithium from Australia’s first refinery
The joint venture between China’s Tianqi and Australian miner IGO in May produced the nation’s first battery-grade lithium hydroxide at its refinery near Perth.
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BHP warns of inflation risks in 2023, says China demand to stabilize
The mining industry has been weighed down this year since the Russian invasion of Ukraine by a supply bottleneck that sparked off inflation.
Newmont CEO sees inflation pressure easing into the fourth quarter
Newmont's all-in sustaining costs were up 13.5% in quarter ended Sept. 30.
BofA overtakes BMO as top mining M&A financial adviser by value for Q1-Q3 – report
Bank of America achieved its leading position by value by advising on $7.8 billion worth of deals.
Copper price jumps on weaker dollar
The head of the European Central Bank said further interest rises would come despite the rising probability of a euro zone recession.
‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception
A US Transportation and Infrastructure House Committee report recommends asking the attorney general to investigate alleged false statements made by the company to Congress.
Turquoise Hill delays shareholder meet on $3.3bn Rio Tinto buyout
Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder.
PIF, Mitsui eye stake in Vale’s base metals business
Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.
Banks bolster metals-trading desks after wild year for markets
Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.