February 10, 2022

Nornickel’s core earnings jumped 37% in 2021

Nornickel's 2021 net profit stood at $6.97 billion, a 92% increase from 2020.

February 10, 2022

Renault says it backs moratorium on deep-sea mining

In October, French President Emmanuel Macron identified deep seabed exploration as an investment priority for France.

February 10, 2022

Russian arctic diamond miner ALMAR plans IPO next month

The diamond industry has rebounded since the start of the pandemic as stuck-at-home consumers bought stones.

February 10, 2022

Gates, Bezos-backed firm gets cash injection to find battery metals

KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round.

February 9, 2022

Tesla production in Berlin to start mid-March at earliest

Tesla is still awaiting final approval from local authorities to begin production.

February 9, 2022

Copper price: Global stocks are down to three days’ consumption

October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend.

February 9, 2022

Alrosa adjusts sales schedule to ease supply shortage

The move will allow buyers to get their hands on rough diamonds sooner than planned, helping ease current undersupply.

February 9, 2022

CATL, LG, Panasonic deployed record GWh of passenger EV battery capacity in 2021

Adamas Intelligence reports that 2021 saw a record 286.2 GWh of passenger EV battery capacity deployed onto roads globally.

February 8, 2022

The 20 best mining schools in the world

The QS World University Rankings by Subject released this week is led again by the Colorado School of Mines.

February 8, 2022

Energy giant RWE backs Germany’s bad-bank plan for coal exit

RWE has one of the largest renewable-energy portfolios among European utilities, but it still generates about a quarter of its power from lignite plants.