December 16, 2021

Copper price jumps on Fed’s upbeat view

The Fed said the US economy would remain resilient despite the spread of the omicron coronavirus variant and pointed to low unemployment figures.

December 15, 2021

Hudbay releases initial estimate for Copper World, near Rosemont in Arizona

The deposit is located near the company’s 100%-owned Rosemont copper project 50 km southeast of Tucson.

December 15, 2021

Copper price rebounds after Fed decision

Chinese fiscal stimulus supports copper price in near term.

December 14, 2021

i-80 Gold to raise $135 million for Nevada mining complex

Following completion, the Nevada-focused gold miner expects to have approximately $200 million in its treasury.

December 14, 2021

LG Energy strikes supply deal with recycling firm

South Korea’s LG Chem Ltd. and its battery unit LG Energy Solution agreed to buy 20,000 tonnes of battery-grade nickel from Li-Cycle over 10 years starting in 2023 as part…

December 14, 2021

Li-Cycle boosts capacity for New York EV battery recycling plant

The facility in Rochester will be built to process 35,000 tonnes annually of waste, 40% larger than initially expected.

December 13, 2021

Vale sells 50% stake in California Steel to Nucor for $400 million

The Brazilian mining giant said that the deal is linked to its strategy of focusing on its core businesses and a commitment to a leaner portfolio.

December 13, 2021

Biden halts federal aid to new fossil fuel projects overseas

The policy contains significant exemptions, including for compelling national security concerns, foreign policy considerations or the need to expand energy access in vulnerable areas.

December 12, 2021

USA Rare Earth to produce nearly half of critical minerals in USGS’ updated list

USA Rare Earth said it wants to develop the Round Top project to support a domestic mine-to-magnet supply chain.

December 12, 2021

Geothermal brines in California’s Salton Sea could be future source of lithium in the US

A paper by Berkeley Lab scientists states that geothermal brines in the Salton Sea are expected to be a major source of domestic lithium for the United States.