September 27, 2023

US-China tensions boost prospects for Mexico copper smelter plan

Southern Copper is considering spending $1 billion-plus on a new smelter in Empalme, Sonora state.

September 27, 2023

Gold price down 1% with higher Fed rate bets supporting dollar

On the flip side, gold continued to find some support from robust physical demand.

September 27, 2023

Europe lines up African minerals pacts to ease reliance on China

The European Union is finalizing partnerships with the DRC and Zambia to boost local industries.

September 27, 2023

Ford halts work on $3.5bn EV battery plant with CATL

Ford is facing its second week of strikes from workers and continued scrutiny about the battery plant from US Congress.

September 27, 2023

Microsoft to get carbon removal credits from biochar project

Producing biological charcoal and burying it in soils is a way of storing carbon for centuries.

September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.

September 26, 2023

Short sellers mount attack on ESG stocks bloated from green hype

Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.

September 26, 2023

Ontario Teachers’ bid for lithium stake on hold after lawsuit

Ontario Teachers’ Pension Plan was nearing a deal to buy a bundle of battery metals royalties from New York-based Orion Resource Partners.

September 26, 2023

Czech tycoon backs Coronado’s coal expansion in Australia, US

Coronado has expansion options including developments in Queensland, Australia and at Mon Valley in southwest Pennsylvania.

September 25, 2023

Alcoa names new CEO in abrupt change as Harvey exits

William Oplinger, chief operations officer, is the natural successor.