April 4, 2022

Metals world agonizes over war but keeps buying from Russia

The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper.

April 4, 2022

Ivanhoe, Vedanta among first seeking Saudi exploration licence

Mining is a crucial part of Crown Prince Mohammed bin Salman’s attempt to diversify the economy from oil.

April 4, 2022

Centerra Gold hands Kumtor mine to Kyrgyzstan, ending dispute

Out-of-court settlement calls for Centerra to yield control of the vast gold mine to state-owned refiner Kyrgyzaltyn OJSC, which will return its 26% stake in the company.

April 1, 2022

Panasonic to spend $5 billion on EV batteries, software

The Osaka-based manufacturer will invest 400 billion yen in growth segments including electric-vehicle cells.

March 31, 2022

Miners need to invest over $100 billion to meet copper demand

The global copper industry needs to build mines that close what could be an annual supply deficit of 4.7 million tonnes by 2030, says CRU.

March 30, 2022

Hindalco Industries to spend $7.2 billion on aluminum demand bet

The company owned by billionaire Kumar Mangalam Birla will invest the amount mainly across its businesses in India and North America.

March 30, 2022

South Korea pushes for recycling of rare metals

South Korea wants to strengthen its domestic supply chain in the semiconductor and battery sectors.

March 29, 2022

Mitsubishi expands copper trading business as Peru mine ramps up

Mitsubishi has hired Branko Buhavac, formerly at Trafigura Group, as head trader for base metals in Europe.

March 29, 2022

Sumitomo Metal sees global nickel demand for battery use at 410,000t in 2022

Global demand for nickel used in batteries is expected to rise more than 20% this year.

March 29, 2022

India to invest in exploring lithium, cobalt mines in Australia

The move comes at a time when India is offering $2.4 billion of incentives for companies to build battery cells locally for electric vehicles.