May 16, 2024

Global coal phase-out to cost between $200 billion, $2 trillion – study

Over $200 billion will be given as compensation to workers and local communities affected by coal phase-out programs globally.

May 16, 2024

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring.

May 15, 2024

Macron calls state of emergency over protests in New Caledonia

The measure was taken after pro-independence protests left at least three dead and disrupted nickel production.

May 15, 2024

Trafigura says aluminum rally is ‘over done’ as supply returns

Prices should revert to an earlier trading range of $2,100 to $2,400 per ton over the next six months, says metals analyst Henry Van.

May 15, 2024

Winning over public key to EU’s mineral supply push, says industry

The key to social acceptance was active engagement with local communities and pro-active communicating, said CEO of EIT RawMaterials.

May 15, 2024

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

May 15, 2024

Trafigura, IXM caught in Comex copper short squeeze as prices hit record

US Comex copper May futures hit a record peak of $5.18 a lb.

May 15, 2024

EU to call for mineral projects, eyes joint purchases

The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.

May 14, 2024

CME copper premium to LME attracting metal shipments to US

Hedge funds have increased their positions in the futures market amid relatively strong demand in the US.

May 14, 2024

European deep mine operators looking into underground energy storage

Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.