Zinc price surges on LME as Teck smelter setback adds to supply angst
Zinc surged to a 20-month intraday high as Teck lowered output targets following a fire at its Canadian smelter.
Latest Stories
First Quantum confirms talks over Zambian assets
Potential deal with unnamed company is estimated to be worth between $1.5 billion and $2 billion.
Argentina’s lithium hunters scale back as EV shift slows
The global lithium sector is struggling due to prices that have slumped over 80% since last year.
US Treasury allows miners to access clean energy manufacturing subsidy
The move reflects the growing realization in Washington that efforts to combat climate change will be moot unless the it boosts its production of critical minerals.
NextSource ships first Madagascar graphite to global markets
The graphite concentrate comes from the Molo mine and is destined to Germany and the US under agreements.
Anglo American copper, diamond output down in Q3, 2024 guidance unchanged
Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.
Montage Gold lands $825m for new West Africa mine
With full-financing now achieved, Montage will focus on starting construction of the Koné mine in Côte d'Ivoire.
Eramet takes full control of lithium project from Tsingshan
The Centenario project was attractive despite a drop in lithium prices and full ownership would let Eramet decide how to pursue a planned second production facility.
Teck Resources cuts copper production forecast again
Teck cites labour issues and mining delays at the Highland Valley Copper mine in Canada.
