Monday, 21 April 2025

Focus on Minerals

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
BusinessCoalIndustryMiningNews

BHP-Anglo American deal raises alarm in Japan’s steel industry

Steelmakers' concerns about BHP's coking coal market power could derail a deal if the Australian giant comes back with a revised bid for...

FILE PHOTO: Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

South Korea welcomes US decision to extend use of Chinese graphite in EVs

South Korea welcomed a US decision to extend automakers' eligibility for EV tax credits for cars containing Chinese graphite through 2026

FILE PHOTO: The debris of the municipal school of Bento Rodrigues district, which was covered with mud after a dam owned by Vale SA and BHP Billiton Ltd burst, is pictured in Mariana, Brazil, November 10, 2015.     REUTERS/Ricardo Moraes/File photo
BusinessMiningNewsPolitics

Brazil rejects mining companies’ settlement offer for Mariana disaster

Vale and BHP's offer of $25bn as settlement payment for Mariana dam disaster rejected by Brazil for "inadmissible conditions".

FILE PHOTO: Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)News

Automakers win extension on use of Chinese graphite in EV tax credits

The U.S. Treasury Department said automakers have until 2027 to remove hard-to-trace minerals like graphite contained in anode materials.

FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
Critical MineralsNews

Goldman Sachs settles class action lawsuit tied to metal trades

The lawsuit alleged Goldman Sachs had violated antitrust laws by conspiring to manipulate a benchmark for platinum and palladium prices.

A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020.   REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsFinanceMineralsMiningNews

MP Materials report wider-than-expected Q1 loss

Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the...

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017.  REUTERS/Arnd Wiegmann/File photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNews

Glencore studying an approach for Anglo American, sources say

Anglo American is attractive to its competitors for its prized copper assets in Chile and Peru, a metal used in everything from electric...

An employee stands outside an Albemarle Lithium production facility in Silver Peak, Nevada, U.S. October 6, 2022. REUTERS/Carlos Barria/File Photo
BusinessCritical MineralsNews

Albemarle misses first quarter profit estimates

Albemarle Q1 results show world's largest producer of lithium for EV batteries hit by 47% slump in revenue since last year.

A Breakthrough Institute report suggests concerns about the impacts of mining for materials needed for clean technologies are overblown. Photo by omid roshan on Unsplash
AnalysisCoalCritical MineralsElectricityEnvironmentMineralsMiningNatural GasNuclear PowerReportsSolarStorageWind

Breakthrough Institute report: What is the true mining footprint of clean energy?

Breakthrough Institute: A rational comparison of the metal and mining footprints of clean electricity technologies — contrasted with the material requirements of fossil...

Assistant Secretary of State for Energy Resources, U.S. Department of State, Geoffrey Pyatt poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024.  REUTERS/Callaghan O'Hare/ File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)FinanceLiquefied Natural GasNewsOilPoliticsTrade

US State Dept says oil service firm SLB is not violating Russia sanctions

The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....

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