April 3, 2024

SEC: Tesla can’t dodge activist shareholder proposal on deep-sea mining

The proposal, filed by As You Sow, asked the US automaker to commit to a deep-sea mining moratorium.

April 3, 2024

US, EU set to miss critical minerals agreement this week

The two allies have been trying to conclude an agreement for many months now but have repeatedly failed to do so.

April 3, 2024

Scientists develop greener method for extracting gold from low-grade ore, e-waste

New technique safely extracts valuable metals from e-waste and low-grade ore using dramatically less energy and fewer chemicals than existing processes.

April 3, 2024

Glencore backs EVelution Energy’s cobalt plant plans

The mining and commodities trader giant will provide EVelution with long-term supplies of cobalt hydroxide.

April 3, 2024

Gold price rises above $2,300, shattering all-time high

US gold futures, meanwhile, crossed the $2,300 mark, up 1.4% at $2,313.60 per ounce.

April 2, 2024

US Steel union rejects Nippon Steel’s appeal for takeover support

In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year.

April 2, 2024

Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid

Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.

April 2, 2024

Lithium trading hits record on CME as funds seize budding market

The drop in lithium prices has flipped the market into a contango, creating opportunities for funds.

April 2, 2024

Deutsche Bank says Glencore may weigh listing move to US

The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New…

April 2, 2024

Electra commissions clean iron pilot plant

Electra announced the commissioning of a pilot plant to produce metallic iron from already mined, high-impurity ores.