September 27, 2022 Norsk Hydro cuts aluminum output as demand falls Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.
September 27, 2022 Nickel spreads collapse as banks face soaring financing costs The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.
September 27, 2022 Finland plans new tax on mining Finland has thus far not collected taxes on minerals but the government now proposes introducing a royalty of 0.6% on the taxable value of metallic minerals.
September 26, 2022 Commodities gauge falls to lowest in 8 months on recession fears The dollar’s relentless surge to repeated records is making commodities priced in the currency more expensive for overseas buyers.
September 26, 2022 Metals pare losses as traders assess recession risks, dollar “In general the outlook is pretty weak for metals,” said Ryan McKay, a commodity strategist at TD Securities.
September 26, 2022 Transparency International urges EU sanctions on Russian diamonds, Alrosa More sanctions on individuals - including those involved in organizing Moscow's ad hoc votes in occupied east Ukraine on joining Russia - are also expected.
September 26, 2022 Greenland Minerals dealt setback in legal fight for rare earth project licence In March, the miner took the governments of Greenland and Denmark to court for the legislation passed last year that banned uranium mining.
September 26, 2022 Volkswagen teams up with Umicore on battery materials The venture - between Umicore and Volkswagen's battery unit PowerCo - also plan to collaborate on recycling metals from battery materials.
September 25, 2022 Synthetic rocks shed light on how REEs are formed New research is getting closer to explaining the mechanisms by which rocks containing rare earths form.
September 24, 2022 Charting the global economy: Fed headlines concert of rate hikes When it comes to copper, big miners and metals traders are warning that in just a couple of years’ time, a massive shortfall will emerge.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
