April 28, 2023

US-EU critical minerals deal would give EU broader trade relief

An accord would essentially allow EU companies to take advantage of some of the benefits in the IRA.

April 27, 2023

Turkey central bank draws down gold reserves to meet demand

The central bank’s gold reserves have been tumbling over the past seven weeks, according to official data.

April 27, 2023

Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil

It's taking a 30% stake in alumina refinery Alunorte and a 5% interest in bauxite producer Mineracao Rio do Norte, both in Para, Brazil.

April 26, 2023

Vulcan secures German lithium plant finance from chemicals maker Nobian

Nobian will contribute 161 million euros in cash as equity to fund capital expenses.

April 26, 2023

Glencore-led revolt kills Teck plan, keeping takeover goal alive

The Canadian miner withdrew a plan to split itself in half just hours before a high-stakes vote.

April 25, 2023

Finland’s Fortum begins battery material recovery from EV ‘black mass’

Black mass is the shredded material that comes from used batteries, which can include lithium, cobalt, and nickel.

April 24, 2023

Teck scrambles to secure split vote, with outcome uncertain, CIC missing in action and back-office issues causing frustration: source

Glencore declined to comment on whether it has met yet with CIC.

April 24, 2023

Germany draws up €2 billion state fund to secure key commodities

The new financing vehicle could start next year if the ruling coalition agrees on the funding.

April 24, 2023

Teck Resources should remain in Canada, says Finance Minister Freeland

"We need companies like Teck here in Canada, companies with a strong commitment to Canada," Freeland wrote in a letter to the Greater Vancouver Board of Trade.

April 24, 2023

LME brokers see big gains in 2022 from volatility after nickel debacle

Marex reported record results for 2022 earlier this month.