April 3, 2023

Glencore’s bid for Teck shows it’s willing to abandon coal

The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said.

April 3, 2023

Factbox: Automakers accelerate the drive to secure battery raw materials

Rising demand for EVs is encouraging automakers such as Tesla, Volkswagen and Stellantis to step up efforts to secure raw materials.

April 3, 2023

Teck rejects unsolicited $23bn takeover bid from Glencore

Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources.

March 31, 2023

Europe’s lone lithium refinery prepares for new wave of rivals

For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe.

March 31, 2023

Mercedes-Benz is “able and willing” to invest capital in mining – CEO

The company has opened up a raw materials office in Canada to further discussions in the region on sourcing raw materials.

March 31, 2023

BMW bets on design and recycling, not mining, to lower battery costs

Automaker not planning to take stakes in mines.

March 30, 2023

EU’s Vestager optimistic for battery minerals deal similar to Japan’s

The European Commission Executive Vice President said on Thursday she is optimistic that the trade agreement can soon be reached.

March 30, 2023

LME launches sweeping plan to revive nickel contract

The LME plans to work with China's Qianhai Mercantile Exchange (QME) to launch trading in lower nickel grades.

March 29, 2023

MKS PAMP, UBS launch carbon neutral gold-backed ETF

ETF is the first of its kind, backed by carbon neutral gold bars certified by the global climate consultancy the Carbon Trust.

March 29, 2023

Arafura Rare Earths gets $600m loan guarantee from German insurer

The guarantee is subject to Arafura entering supply deals with German firms.