July 7, 2023

Deep-sea metal rush in doubt as regulatory body meets

Environmental groups expect next week's meeting of the International Seabed Authority to rule out any immediate permission for mining to begin.

July 7, 2023

Indonesia probes possible illegal nickel ore exports to China

Indonesia had stopped exports of the material since the beginning of 2020.

July 6, 2023

Freeport-McMoran faces potential halt of activities in Indonesia

Without the awaited export permit, Freeport will have to suspend operations, resulting in significant implications for overall operations and sales of mining products.

July 5, 2023

Gold miner set to trade, marking Indonesia’s biggest IPO this year

Amman Mineral owns the fifth-largest copper mine in the world.

July 5, 2023

Ardea Resources inks agreement with Japanese firms for nickel-cobalt project feasibility

The consortium comprises Sumitomo Metal Mining, Mitsubishi Corp and Mitsui & Co Ltd.

July 4, 2023

Xi’s metal curbs risk backfiring as G-7 seeks China alternative

The move underscores the dilemma facing President Xi Jinping as he seeks to counter US efforts to prevent China from accessing the chips needed to dominate technology.

July 4, 2023

Toyota aims to halve size, cost, and weight of EV batteries with new solid-state technology

Toyota claims solid-state battery has a 745 mile range, with 10 minute charging time.

July 4, 2023

Lotte Energy moves to become copper foil leader by 2028

The South Korean firm aims in the to grab a 30% share of the global market for copper foil, a key component in EV batteries.

July 3, 2023

POSCO plans $93 billion of investment by 2030

POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries.

July 3, 2023

Iron ore price slumps as China production cuts spark fears of demand drop

Market speculation about government intervention in the iron ore market last Friday weighed on sentiment as well.