Nickel revolution has Indonesia chasing battery riches tinged with riskThe new HPAL projects, and the surge of inexpensive metal from a country whose deposits have long been unloved by major producers, could push the market into oversupply.Bloomberg News | March 28, 2023 | 6:16 pm
Vedanta to dole out $927 million in fifth dividendVedanta Resources is relying heavily on dividends from its units…Bloomberg News | March 28, 2023 | 10:17 am
Merdeka Battery Materials plans $580 million IPOIt will be the second nickel firm in Indonesia to…Reuters | March 28, 2023 | 7:54 am
Indian govt may put Hindustan Zinc share sale plan on hold The government is the largest minority shareholder in HZL. Reuters | March 12, 2023 | 9:11 am
Singapore’s central bank boosted gold reserves 30% in January Central banks worldwide have been building holdings of bullion as the dollar’s strength has waned in recent months. Bloomberg News | March 10, 2023 | 10:49 am
Saudi Arabia and Iran ease Mideast rift that rattled oil Countries will restore diplomatic ties, easing a geopolitical rivalry in the Persian Gulf that has unnerved oil markets. Bloomberg News | March 10, 2023 | 9:08 am
China copper exports to jump in rare deliveries to LME depots At least four major smelters are planning to deliver between 23,000 and 45,000 tons of refined copper in total to LME depots in Asia. Bloomberg News | March 8, 2023 | 9:47 am
Sanjeev Gupta takes on father’s group in metals empire reshuffle Ownership of the Simec Group will be transferred to his son from Parduman Gupta as he retires near the age of 80. Bloomberg News | March 8, 2023 | 9:22 am
Lynas gets $134 million funding from Japan to boost output Under the new deal, Japan will receive priority supply rights over Lynas's growth capacity until 2038. Reuters | March 7, 2023 | 7:53 am
Cobalt market saw record-breaking supply boom in 2022 Mined cobalt supply grew by 23% to 187,060 tons in 2022, in a supply swell that wiped out a large deficit seen in 2021. Bloomberg News | March 6, 2023 | 4:45 pm
Iron ore slides after China seeks advice on rising prices "Some market participants with long positions liquidated their positions today to lock profits," analyst says. Reuters | March 6, 2023 | 9:49 am
China Nonferrous Metals Group in talks to invest in Kazakh copper smelter Kazakhstan's largest copper producer and miner KAZ Minerals will also participate in the project. Reuters | March 5, 2023 | 10:47 am