November 26, 2024

Macquarie fined by UK after metals trader books false trades

The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years.

November 26, 2024

Vulcan in talks with producers to license lithium technology

Vulcan began producing lithium hydroxide earlier this month from its Rhine Valley operations using adsorption direct lithium extraction.

November 26, 2024

Platinum market faces third consecutive deficit in 2025, WPIC says

Platinum market deficit will be lower in 2025 than 2024, WPIC says.

November 25, 2024

Newmont sells Éléonore mine in Quebec for $795 million

The miner said the deal and other 2024 sales will raise $3.6 billion.

November 22, 2024

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

November 22, 2024

Silicon metal tapped to replace graphite in electric vehicle battery anodes

Silicon can hold 10 times as many lithium ions by weight as graphite, but developing the battery technology to scale sustainably has met its share of challenges.

November 22, 2024

Indonesia curbing nickel supply to support locals, Eramet says

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

November 22, 2024

Northvolt CEO steps down after bankruptcy filing

Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.

November 21, 2024

Solaris exits Canada for Switzerland with new CEO, board and spin-out plans

The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.

November 21, 2024

Alrosa plans production cuts and staff reduction for 2025

The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.