July 2, 2024

Freeport McMoran sees lower sales in Q2 on Indonesian permit delays

The company expects copper sales to be 5% below April 2024 guidance of 975 million pounds.

July 1, 2024

Copper’s unicorns

Silicon Valley is littered with them. Now mining has its own $1 billion club.

July 1, 2024

Sumitomo looks to tap US shale boom despite exiting production

Japanese trading firm sees opportunities in US shale oil and natural gas despite exiting production there three years ago. 

July 1, 2024

Hedge funds are hoarding cobalt amid battery metal slump

Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market. 

June 28, 2024

Ion Storage Systems gets $20m from US DOE to scale up next-gen EV batteries

Funding accelerates the commercialization of ION’s anodeless SSB.

June 28, 2024

Miner M&A spotlight may shift to Teck and Freeport

The question of where the M&A spotlight is next going to fall has a sector newly buzzing with intrigue.

June 28, 2024

Biden administration blocks Ambler road in Alaska

The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.

June 28, 2024

Trump re-election may lead to commodity market fragmentation: HSBC

Commodity markets, already contending with high prices driven by structural supply constraints, also face uncertainties from increased geopolitical tensions.

June 27, 2024

Lithium producers bullish on long-term demand despite recent price drop

Oversupply from China and a softening of aggressive EV adoption rates has dragged lithium prices down more than 80% in the last year.

June 27, 2024

US to start buying up to $2.7 billion in domestically supplied enriched uranium

Funding was unleashed by legislation, signed by President Joe Biden in May, that also imposed a ban on imports of enriched uranium from Russia.