August 9, 2023

Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply

The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions.

August 9, 2023

Cornish Lithium secures initial $67m to keep UK project alive 

The much-needed funding will allow Cornish Lithium will allow it to progress its Trelavour project to a construction-ready status.

August 8, 2023

Glencore half-year profit drops 50% as commodity prices ease

At its own mines, Glencore said profit was hurt by lower prices for coal and cobalt in particular.

August 8, 2023

Glencore keeps dealmaking powder dry for Teck as payouts drop

The company underlined its interest in a deal by holding back $2 billion for a potential purchase of Teck’s coal business.

August 8, 2023

Glencore stockpiled cobalt in first half to support prices

Cobalt prices are down more than 50% from October, due to weak demand and growing supplies from Indonesia.

August 7, 2023

Siemens Energy sees €4.5 billion hit, wind losses prompt review

Quality flaws and unprofitable contracts weigh on the company's wind unit.

August 7, 2023

Aurubis upbeat for full-year profit as quarterly earnings surge 20%

The quarterly result was achieved despite a 40-day maintenance shutdown at the company's Bulgarian plant.

August 5, 2023

World Gold Council: What drives the shiny metal’s price?

Is gold an inflation hedge?

August 5, 2023

One miner dies, five injured after underground tremor in Polish mine

One miner died and five were injured after an underground tremor in a mine at Bielszowice in southern Poland.

August 3, 2023

Greenland rejects Energy Transition’s alternate licence proposal in draft decision

Formerly Greenland Minerals, Energy Transition has been fighting for an exploration licence since late 2021.