February 14, 2023

Electric vehicle sales top $1 trillion in wake-up call for carmakers

Global auto sales are worth around $2.5 trillion a year.

February 14, 2023

Vale acquires Oman’s OQ 30% stake in Vale Oman

OQ, formerly known as Oman Oil Company, bought the stake from Vale in 2010.

February 13, 2023

Lynas’ Malaysia rare earths plant faces part closure as regulator keeps curbs

Lynas will need to close the cracking and leaching part of its rare earths processing plant if the conditions are not removed before July 1.

February 13, 2023

Freeport-McMoRan cuts forecast after floods damage Indonesia’s Grasberg mine

Freeport now expects its Q1 sales to be lower than the previous outlook of 900 million pounds of copper and 300,000 ounces of gold.

February 13, 2023

China’s top coal supplier switches to more costly auctions

Mongolia is changing the way it sells its product in a bid to improve transparency and reap better returns from its top export earner.

February 13, 2023

Discarded plastic bottles could become key components of li-ion batteries

Researchers have successfully upcycled waste PET plastic into polymer electrolytes, which are key components for safer lithium-ion batteries.

February 12, 2023

LG Chem prepares to lock in mineral supplies

The South Korean company is doing “a lot of projects” to ensure it has a stable source of supply.

February 12, 2023

ArcelorMittal warns on steel demand as China seen flatlining

Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets.

February 12, 2023

Freeport Indonesia suspends some work at Grasberg mine after floods

The situation was under control, but the company gave no estimate of when operations would resume.

February 11, 2023

Trafigura’s nickel nemesis was already notorious in metal circles

Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.