November 24, 2022

Lygend raises $470 million in Hong Kong IPO, sources say

Lygend’s listing kicks off what’s expected to be a busy end to the year for IPOs in the Asian financial hub.

November 24, 2022

Codelco sees copper deficit at 8 million tonnes by 2032

While a surplus is expected in the short term due to new projects coming online, medium to long-term demand will offset supply further.

November 24, 2022

Korea Zinc and Trafigura in talks over smelter venture

Korea Zinc also announced a $592 million investment in green hydrogen and the battery sector.

November 24, 2022

Higher copper treatment charges needed to ensure copper supply – smelters

Smelter executives on Thursday called on miners to pay higher treatment and refining charges.

November 23, 2022

INSIGHT: Bankers pour cold water on red hot coal

After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.

November 23, 2022

Birthplace of gold-rich stars finally revealed

Researchers have revealed the birthplace of stars with an abundance of gold and platinum.

November 22, 2022

Mazda unveils $11bn EV spending plan, considers investing in battery production

The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030.

November 22, 2022

Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030

Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.

November 21, 2022

China’s Lygend Resources aims nearly $600m in Hong Kong IPO

Lygend plans to use 56% of the proceeds for the development and construction of nickel production projects on Indonesia's Obi Island.

November 21, 2022

Iron ore price falls on surging covid cases in China

Expectations of rising supplies after India's decision to scrap export taxes on low-grade iron ore also weighed on sentiment.