Focus on Critical Minerals
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.
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.
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...
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.
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.
