Thursday, 23 January 2025

Focus on Minerals

The Hudbay Minerals Inc. logo is shown in a handout.
Hudbay Minerals Inc. has reached settlement agreements covering three civil lawsuits in connection with the Fenix nickel project in Guatemala that the company sold in 2011.THE CANADIAN PRESS/HO
BusinessCourtsCritical MineralsIndigenousMiningNews

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.

A worker checks copper wires in Vietnam August 11, 2017. REUTERS/Kham/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)News

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.

FILE PHOTO: The Samsung logo is pictured during the inauguration of the Samsung Galaxy innovation space on the Champs-Elysees avenue in Paris, France, April 29, 2024. REUTERS/Benoit Tessier/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingNews

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.

FILE PHOTO: Rio Tinto logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

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.

FILE PHOTO: Rio Tinto logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNewsSolarStorage

Rio Tinto in talks to buy lithium miner Arcadium, sources say

Rio Tinto eyes $4-6 billion Arcadium takeover to secure lithium, positioning as the third-largest EV battery metal producer.

eur Mining Inc. logo is shown in a handout. The company has signed a deal to buy SilverCrest Metals Inc. that values to company at about US$1.7 billion. THE CANADIAN PRESS/HO
BusinessIndustryInfrastructureMineralsMiningNews

Coeur Mining signs all-stock deal to buy SilverCrest Metals valued at US$1.7B

Coeur Mining Inc. will acquire SilverCrest Metals Inc. in a US$1.7B deal, giving SilverCrest shareholders a 22 per cent premium at US$11.34/share.

Yun B. Choi, Chairman of Korea Zinc board answers questions from the media during a press conference in Seoul, South Korea, October 4, 2024.   Yonhap via REUTERS
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNewsRegulations

Private equity firm MBK, Young Poong raise Korea Zinc tender offer to $1.88 billion

MBK and Young Poong raise bid to 830,000 won per share in takeover battle for Korea Zinc, crucial for EV and tech supply...

FILE PHOTO: India's Commerce Minister Piyush Goyal takes part at the panel discussion "Trade: Now what?" during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ElectricityManufacturingMiningNewsPoliticsRegulationsStorageTrade

India, US to cooperate on critical battery minerals, trade minister says

Indian Trade Minister Piyush Goyal announces supply chain cooperation agreement with the U.S. for critical minerals in EVs.

AnalysisBuildingsClimateElectricityEmissionsIndustryMiningNatural GasOilPoliticsTransport

Canada’s early emissions estimate for 2023 shows modest decline, but oil and gas emissions undermine progress

Progress on reducing emissions is possible, but hitting Canada's 2030 target requires that governments build on policy momentum.

FILE PHOTO: A general view of Anglo American's Los Bronces copper plant in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/File Photo
BusinessCritical MineralsMiningNewsTrade

Anglo American not a sitting duck after breakup, CEO says

Anglo American's CEO Duncan Wanblad dismissed claims of an inevitable takeover after unbundling its diamond, platinum, nickel, and coal assets, focusing on copper.

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