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.

May 14, 2024

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

May 13, 2024

CRMA: Rare earth elements a potential blindspot for EU policymakers and industry – report

The outlook for rare earths is concerning, with the region unlikely to meet 2030 extraction or processing targets across the entirety of the value chain, Adamas Intelligence warns.

May 13, 2024

France backs nickel refinery project to bolster battery supply chain

The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030.

May 13, 2024

Anglo American rejects BHP’s revised $43 billion proposal

Anglo American stated that the new offer was "highly unattractive" for its shareholders.

May 13, 2024

Platinum’s shortage to persist as EV slowdown fuels demand

Demand for the metal in autocatalyst is expected to rise about 2% for the whole year.