February 22, 2023

Column: Iron ore prices jabbed higher by prongs of China demand, supply woes

The supply shortage and expectations of increasing Chinese demand are likely to provide a solid base for further gains, writes Clyde Russell.

February 22, 2023

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

February 21, 2023

Iron ore price surges to 8-month high on renewed optimism around China’s reopening

BHP flagged a brightening demand outlook in the top steel producer country.

February 21, 2023

Lithium price plunge is pitting Cathie Wood against sector veterans

Lithium carbonate in China has tumbled almost 30% since touching a record in November.

February 21, 2023

Sibanye-Stillwater goes after Australia’s New Century Resources

The off-market takeover bid by Sibanye values the zinc miner at A$144.1 million ($99.54 million). 

February 20, 2023

Allkem cuts Mt Cattlin annual production view on lower-grade ore

Lithium miner said it now expected fiscal 2023 spodumene concentrate production from Mt Cattlin in the range of 114,000 tonnes to 124,000 tonnes.

February 20, 2023

Magnis in deal with Tesla to supply graphite for electric vehicle batteries

Agreement is for a minimum three-year term to supply up to 35,000 terapascal anode active materials beginning February 2025.

February 20, 2023

BHP eyes demand green shoots in China as profit slumps

Miners have wrestled with surging costs and a tight labour market amid sharply lower iron ore prices over the latter half of 2022, as China's strict zero-covid-19 policy curtailed economic…

February 20, 2023

China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade

Baowu is looking to benefit from efforts to repair trade relations between China and Australia.

February 19, 2023

Pilbara Minerals sells spodumene cargo tied to lithium hydroxide prices

Earlier this month its chief executive told press the developer had around 200,000 tonnes of spodumene to sell.