February 23, 2023

Russian court orders Glencore unit to pay up in Sberbank row

Sberbank took legal action against Glencore Energy UK Ltd last year after it alleged the company did not pay for two oil consignments.

February 23, 2023

Anglo American takes $1.7bn writedown on British fertilizer mine

The miner estimates it will spend $1bn per year to bring Woodsmith into production by 2027, both a higher cost and longer timeframe than previously expected.

February 22, 2023

Goldman’s Currie says China recovery ‘A-OK’, commodities to jump

Goldman Sachs expects returns from commodities over 12 months of 31% based on the S&P GSCI.

February 22, 2023

New material could make it easier to develop high-performance solid-state batteries

A new material class with above-average conductivity could lead to the development of high-performance solid-state batteries.

February 22, 2023

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

February 21, 2023

Nickel market oversupplied by 112,200 tonnes in 2022, INSG says

The global nickel market recorded a deficit of 166,600 tonnes in 2021.

February 21, 2023

Lithium price plunge is pitting Cathie Wood against sector veterans

Lithium carbonate in China has tumbled almost 30% since touching a record in November.

February 21, 2023

G20 watchdog says commodity market concentration poses threat to wider economy

The FSB said vulnerabilities in commodities are similar to those in non-bank financial intermediaries.

February 21, 2023

Rio Tinto partners with BMW for low-carbon aluminum supply

Aluminum will come from Rio Tinto's hydro-powered operations in Canada to BMW’s production plant in Spartanburg, South Carolina.

February 20, 2023

Finland tightens mining law as demand for minerals surges

Finland is emerging as a key mining and processing hub for battery metals with more than €6 billion in investments already planned.