Thursday, 23 January 2025

Focus on Minerals

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsManufacturingMiningNews

Freeport to delay Indonesian copper sales to second quarter of 2025 after fire, sources say

US copper miner Freeport McMoRan will delay its Indonesian copper sales until Q2 2025 due to a fire at its new smelter.

Studies suggest that rising global temperatures linked to climate change are causing glaciers globally to melt (AFP)
AnalysisBiodiversityElectricityEnvironmentHydropowerIndigenousInfrastructureMiningPoliticsRegulationsResiliencyWind

Climate change solutions not always good for biodiversity

Some approaches to tackling global warming can have unintended knock-on consequences for nature and the protection of biodiversity, say scientists urging a more...

FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish/File Photo
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)FinanceManufacturingMiningNews

Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding

Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.

FILE PHOTO: Brine pools used to extract lithium are seen next to a lithium mining camp at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ManufacturingMining

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Rio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.

FILE PHOTO: A brine pool used to extract lithium is seen at a salt flat of Cauchari Olaroz, near Susques, Argentina November 8, 2017. REUTERS/Juliana Castilla/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto to join lithium big leagues with $6.7 billion Arcadium buy

Rio Tinto, the world's largest producer of iron ore, is shifting to process high-end, low-carbon materials for the energy transition.

FILE PHOTO: Technicians from the Orocobre mining company work on an evaporation pond test in the salt flat at Olaroz, 4,000 meters (13,123 feet) above sea level and north of the Argentine province of San Salvador de Jujuy August 7, 2010.  Orocobre's assets are now part of Arcadium Lithium, which global miner Rio Tinto wants to buy.  Picture taken on August 7, 2010. REUTERS/Enrique Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMiningSolarStorageTrade

Arcadium deal could power Rio Tinto’s entry into lithium supplier big league

Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingMiningNewsPoliticsRegulationsSolarStorageTrade

China is oversupplying lithium to eliminate rivals, US official says

Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.

FILE PHOTO: An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Ji/FIle Photo
BusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingNews

LG Energy Solution to supply EV batteries to Mercedes-Benz affiliate in North America

LGES signed a deal to supply EV batteries to a Mercedes affiliate, boosting shares 5.7 per cent despite forecasting lower profits.

FILE PHOTO: A prospector sorts gold particles found at gold mine in Walungu territory of South Kivu, Democratic Republic of the Congo, May 10, 2014. REUTERS/Kenny Katombe/File Photo
Critical MineralsLegislationMiningNewsPoliticsRegulationsTrade

US rules on conflict minerals have not reduced violence in Congo, GAO says

A U.S. watchdog found no evidence that the SEC's 2012 conflict minerals rule has reduced violence in eastern Congo.

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