BYD may sell batteries to Tesla, executive tells state media
“We are good friends with Elon Musk and we are preparing to supply batteries to Tesla,” BYD’s EVP said.
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Central banks to increase gold holdings over crisis concerns
Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors.
Montage expands landholding in Côte d’Ivoire with acquisition of Barrick-Endeavour JV project
Its consolidated land position at the Koné gold project will increase to over 2,250 square kms.
Iron ore price slips as Chinese steelmakers face margin pressure
"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.
Mongolia urges transparency as Rio Tinto seeks control of Oyu Tolgoi
Erdenes Oyu Tolgoi, the Mongolian state-owned firm, also wants Rio to grant more power to local management.
E3 Lithium to drill Alberta’s first brine production well
E3 says the brine production well will provide critical data such as brine chemistry, lithium concentrations and reservoir characteristics of the Clearwater project area.
Column: Funds cut bear bets on copper as China recovery hopes grow
However, there is no evidence that funds are yet prepared actively to buy into the China recovery story, writes Andy Home.
Vale creates $100 million venture capital arm to spur mining innovation
Vale Ventures is starting with a $100 million budget to invest in firms involved in sustainable mining initiatives.
Hudbay Minerals needs $1.9bn for Copper World project in Arizona
The two-phase mine plan contemplates four open pits and includes recently discovered deposits as well as the Rosemont asset.
