Sunday, 23 February 2025

Focus on Critical Minerals

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
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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....

FILE PHOTO: Employees work at a copper smelter in Yantai, Shandong province, China April 26, 2023. REUTERS/Siyi Liu/File Photo
Critical MineralsNewsTrade

Near-record high LME prices a magnet for Chinese copper

China's copper producers are planning to export up to 100,000 metric tons of metal to push down prices.

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
Critical MineralsElectric Vehicles (EVs)MineralsNewsPoliticsStorageTrade

Graphite miners lobby US govt to impose levy on China-sourced EV material

North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order...

A new IEA report on batteries says the energy sector now accounts for 90 per cent of the demand for lithium-ion batteries. Photo by Vardan Papikyan on Unsplash
AnalysisCritical MineralsElectric Vehicles (EVs)ElectricityEmissionsPoliticsReportsStorage

How crucial are batteries to the energy transition? IEA report

"Reducing emissions and getting on track to meet international energy and climate targets will hinge on whether the world can scale up batteries...

Copper prices have soared about 400 percent in the past 25 years and on Friday topped US$10,000 for the first time in two years (AFP)
Critical MineralsNews

Clean energy drives massive BHP takeover bid

BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades

BHP wants Anglo American's copper mining operations, like this one in Chile (AFP)
BusinessCritical MineralsNews

Miner Anglo American rejects BHP’s $38.8 billion takeover bid

British mining company, Anglo American, has slammed BHP's bid as "highly unattractive" and "opportunistic"

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