June 23, 2024

Hedge funds’ bullish copper bets run into China’s slowdown

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

June 23, 2024

Tesla, Yahua ink three-year lithium carbonate supply deal

Currently, there is an existing contract signed for Yahua to supply 63,000 to 88,000 tonnes of lithium hydroxide to Tesla from 2021-2025.

June 21, 2024

Copper price slides from record on Chinese stockpiles

High prices also weakened manufacturing demand and may see China switch out copper for aluminum.

June 21, 2024

Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

Chile's financial regulator allowed a planned lithium joint venture between SQM and Codelco to proceed without a vote by SQM shareholders.

June 21, 2024

China Baowu completes purchases of stake at Simandou project

The Chinese steel mill bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project.

June 20, 2024

Mining M&A stokes coal race against cleaner power

Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.

June 20, 2024

China turns to cast-off copper in battle to feed hungry smelters

China has ramped up imports of copper scrap as smelters seek alternative raw materials to offset tight supplies of mined ore.

June 20, 2024

Tsingshan’s $1 billion steel plant in Zimbabwe starts production

Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.

June 20, 2024

Ecuador to approve Mirador copper mine expansion by August — official

Mirador has reserves estimated in 3.2 million tonnes of copper and it is one of the country's only two mines in operations.

June 19, 2024

China to regulate lithium-ion battery industry amid fast expansion

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity.