KGHM swings to fourth-quarter loss but optimistic about 2023The company cited price hikes in areas such as technological materials, energy, fuels and services behind its higher costs.Reuters | March 22, 2023 | 12:19 pm
Deep sea mining just lost its biggest corporate backerLockheed’s sudden departure leaves no Western mining contractor with pockets…Bloomberg News | March 22, 2023 | 11:47 am
Next decade to see green hydrogen market grow but challenges need to be addressed – reportIDTechEx expects the water electrolyzer market for green hydrogen production…Staff Writer | March 22, 2023 | 6:04 am
EU tags copper and nickel as strategic, but industry wants more The Critical Raw Materials Act (CRMA) unveiled by the EU adds the two major industrial metals to a list that had previously focused on more niche minerals. Reuters | March 16, 2023 | 10:06 am
Glencore won’t renew Rusal aluminum deal as things stand Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer. Bloomberg News | March 16, 2023 | 8:03 am
Glencore CEO says his company is cheapest way to benefit from copper price boom Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year. Bloomberg News | March 16, 2023 | 7:40 am
Moody’s upgrades global metals & mining outlook to stable The investors service maintained its 12-month price assumptions and medium-term sensitivity ranges for all commodities except coal. Staff Writer | March 15, 2023 | 11:40 am
Polyus reports 27% drop in core profit as sales fall Net profit declined 32% to $1.6 billion on the back of a 14% fall in revenue to $4.3 billion. Reuters | March 15, 2023 | 10:45 am
BHP potentially faces $44 billion bill in Brazil dam case The lawsuit, one of the largest in English legal history, was thrown out in 2020 before the Court of Appeal ruled in July that it could proceed. Reuters | March 15, 2023 | 10:20 am
Gold price rebounds as fresh banking crisis hits risk appetite The latest rally comes despite a sharp jump in the US currency, which would usually weigh on demand for the greenback-priced bullion. Staff Writer | March 15, 2023 | 10:15 am
Trafigura’s head of metals operations to leave in restructuring Svetlana Kabanova, who ran operations for Trafigura’s metals trading unit, is leaving the company. Bloomberg News | March 13, 2023 | 1:39 pm
Europe balks at strategic stockpile for critical green metals The energy crisis has hurt production of several key industrial commodities, exacerbating worries about supply. Bloomberg News | March 13, 2023 | 9:48 am