JPMorgan reviewing commodity exposure after nickel chaos
Bloomberg sources say it’s possible that it could result in JPMorgan scaling back activity in commodities.
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Sigma Lithium to start civil works at vast Brazilian project
Grota do Cirilo is the largest hard rock lithium project in the Americas, slated to produce 440,000 tonnes of concentrate per year by end of 2023.
IGO says Western Areas may nix $829 million buyout
IGO says its takeover of nickel producer Western Areas might fall through after an independent expert concluded the offer was "neither fair nor reasonable".
Zimbabwe mines see $10 billion funding shortfall over five years
While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold, diamond and chrome mines, development has been stymied by political instability.
China Minmetals, Zijin, BHP complete copper concentrate trade on MineHub platform
It marks the first time MineHub's blockchain-based platform was used for a transaction between two Chinese companies, for a cargo originating from a global mining company.
EU to propose banning coal imports from Russia after atrocities
The European Commission is also expected to propose banning most Russian trucks and ships from entering the bloc.
Biden’s battery metals boost could ease US dependence on China
Reducing the US’s dependence on China for battery materials is a uniquely bipartisan issue.
Canada to invest $1.6 billion on mineral strategy for EV battery supply chain
Canada last month announced financial support for building two facilities that will make battery materials for electric vehicles, and one battery gigafactory.
‘Salty’ freeze-thaw battery a step toward seasonal storage
The Pacific Northwest National Laboratory has developed a ‘freeze-thaw battery’ that locks in energy for months without losing much storage capacity.
