Copper price hits new 11-month high with global rate policy in focus
Prices climbed as much as 1% to $9,164.50 a ton on the London Metal Exchange.
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Canada Nickel makes new discovery at Newmarket, drills 0.4% nickel at Reid
The best intersection was 373 metres grading 0.25% nickel.
South Africa optimistic for tax breaks to kick-start EV industry
South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries.
UN deep-sea mining body considering expelling Greenpeace
The Metals Company took legal action against activists who disrupted a research expedition when they boarded its vessel in the remote Pacific.
Global commodity trading profits topped $100 billion for second-best year ever
While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.
Avalon enters $11 million funding agreement for lithium processing facility
The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks.
Indonesia says Vale to build another $2bn HPAL plant
PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island.
China coal output posts first decline since Beijing ordered more
Coal production dropped 4.2% from a year earlier for January and February combined, the first year-on-year decline since September 2021.
Put sanctions on Russian-origin aluminum, not on Rusal, industry group says
So far, sanctions have not been imposed, but they are still on the agenda in the EU.
