August 2, 2021

From miners to big oil, the great commodity cash machine is back

The Bloomberg Commodity Spot Index, a basket of nearly two dozen raw materials, surged to a 10-year high last week and is rapidly closing in on the record set in…

August 2, 2021

Sibanye-Stillwater to acquire Eramet’s nickel processing facilities in France

The transaction is the second step in Sibanye-Stillwater’s battery metals strategy.

August 1, 2021

Renault locks in lithium supply from Vulcan Energy in five-year deal

Vulcan will supply 6,000 to 17,000 tonnes of lithium annually to the French automaker.

July 30, 2021

Goldman recapitulates $5 a pound copper price by end of 2021

New report says while copper bulls have been facing “a crisis of confidence”, fundamentals “have been quietly tightening” setting up return to record prices in the near future.

July 30, 2021

IEA’s roadmap shows difficult journey to net zero: Kemp

In the short term, emissions are on a rising trend, notwithstanding a temporary decline during the covid-19 pandemic, putting the world a long way off track to reach zero emissions…

July 30, 2021

Glencore ups expectations for FY trading, lowers nickel, coal

Coal production fell 16% to 48.7 million tonnes in the first half, partly because of market-related cuts in Australia.

July 30, 2021

Russia mulls pegging tax on mining firms to global metals prices

Moscow has been trying to protect its defense and construction industries from further growth in raw materials costs as metals prices rise at a global level.

July 29, 2021

RANKED: World’s 10 biggest gold mining companies

Many companies are engaged in the gold mining business, but the industry is dominated by a select group of players.

July 29, 2021

Gupta pays $25 million to end long-running spat with Rio Tinto

The dispute with Rio dates back to the miner’s sale of the Dunkirk smelter in France to Gupta for $500 million in 2018.

July 29, 2021

Home: Rio’s lithium project will test mining’s ESG credentials

The formula for Kryptonite in the Superman series is the closest match to the lithium-boron chemistry of the Serbian find.