Focus on Minerals
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.
China expresses concern over US chip and connected vehicle policies in high-stakes talks
China urges the U.S. to lift semiconductor sanctions and ease restrictions on Chinese vehicles, seeking better trade relations.
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.
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.
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.
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.
Hudbay Minerals settles civil lawsuits regarding former operations in Guatemala
Hudbay Minerals Inc. has settled three lawsuits linked to its former Fenix nickel project in Guatemala, involving 13 plaintiffs, without admitting liability.
Copper demand for electric vehicles is intact, trader IXM says
Copper demand in EVs remains strong despite slower sales. Still, forecasting is tricky due to evolving market variables, says trader IXM.
Samsung Electronics says it is not interested in spinning off foundry business
Samsung Electronics has no plans to spin off its contract chip manufacturing or logic chip design businesses, despite significant losses.
Lithium miner Arcadium confirms Rio Tinto takeover approach
Rio Tinto eyes Arcadium acquisition, seeking to expand lithium footprint amid price slump, with deal valued up to $6 billion.
