Russell: Some commodity producers lagging the rallies in red-hot metals
The share prices of major producers have not quite matched the stellar gains of the commodities they produce.
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Ganfeng Lithium grabs Bacanora in $246.5m deal
Ganfeng, which in February rose its stake in Bacanora to 28.88% from 17.41%, will acquire the remaining shares at 67.5 pence each.
Lucara secures $220 million for Karowe expansion
The backing of five lenders will be used to fund the company’s underground expansion plan for its Karowe mine in Botswana.
Australia approves A$100m in tax incentives for junior miners
The Junior Minerals Exploration Incentive converts tax losses into exploration credits for investors and provides a tax offset for junior mining companies.
EVs driving printed electronics to billion dollar industry – report
According to IDTechEx, the printed electronics automotive market may reach $12.7 billion by 2031.
Rio Tinto shareholders reject former CEO’s exit package
More than 60% of the votes cast at Rio's annual meetings in London and Sydney were against Jean-Sébastien Jacques' exit package.
Albemarle profit beats expectations on rising lithium prices
Albemarle Corp, the world's largest producer of lithium, posted a quarterly profit on Wednesday that easily beat Wall Street's expectations on rising demand from the electric vehicle industry.
Britain set to stockpile metals for electric cars to beat Chinese threat – The Telegraph
Officials at the Department for Business are discussing options to protect the United Kingdom's access to vital materials including lithium and cobalt.
World iron ore output to rise 5.1% by 2025 — report
The growth with be possible as new projects come on-stream, GlobalData says.
