China lodges WTO complaint over Canada’s EV and metal tariffs Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1. Bloomberg News | September 6, 2024 | 7:05 am
Iron ore price flicks higher from lowest close in nearly two years The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market. Bloomberg News | September 6, 2024 | 6:57 am
Perseus Mining ups stake in Guinea-focused miner Perseus Mining's interest in Predictive Discovery, which is advancing the Bankan gold project in Guinea, is now 19.9%. Cecilia Jamasmie | September 6, 2024 | 5:48 am
Nexa Resources sells Peru copper asset for up to $29 million Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met. Cecilia Jamasmie | September 6, 2024 | 3:43 am
Citi says US election risk to contain metals prices for now Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says. Bloomberg News | September 6, 2024 | 3:02 am
Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota. Staff Writer | September 5, 2024 | 3:16 pm
Chile’s Corfo to issue tender for projects that make lithium products The chosen companies will have access to lithium at a preferential price produced by Albemarle. Reuters | September 5, 2024 | 2:04 pm
Nippon Steel seeks to address concerns on US Steel deal Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts. Reuters | September 5, 2024 | 2:02 pm
Australian Pacific produces first coal in 17 years at Dartbrook mine The mine, in the Hunter Valley region, was placed on care and maintenance in late 2006 because of operational difficulties and lower coal prices. Staff Writer | September 5, 2024 | 1:37 pm