Thursday, 23 January 2025

Focus on Minerals

Burnt objects lie in a pile of debris, amid protests sparked by anger among indigenous Kanak people over a constitutional amendment approved in France that would change who is allowed to participate in elections, which local leaders fear will dilute the Kanak vote, in Noumea, New Caledonia, May 21, 2024, in this screengrab obtained from a social media video. Instagram @ericpaidjan/via REUTERS/File Photo
BusinessCritical MineralsMineralsMiningNews

Explainer: What New Caledonia riots mean for the nickel industry

A wave of civil unrest in New Caledonia has halted mining operations and supported a rally in prices for the metal.

FILE PHOTO: FILE PHOTO: The Anglo American logo is seen in Rusternburg October 5, 2015. Picture taken October 5, 2015.  REUTERS/Siphiwe Sibeko//File Photo
BusinessMineralsMiningNews

Anglo American rejects £29.34 per share proposal from BHP

Anglo rejects BHP's third offer in a month as world's largest mining group continues takeover plans.

FILE PHOTO: 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
BusinessCritical MineralsElectric Vehicles (EVs)MineralsMiningNewsTransport

BHP-Anglo prospects flag more M&A ahead for miners

BHP's bid for Anglo American underlines the growing appetite for energy transition metals like copper, investors and mining CEOs said Weds

FILE- Residents stand in a blockade in Noumea, New Caledonia, on May, 15, 2024. Global nickel prices have soared since deadly violence erupted in the French Pacific territory of New Caledonia. (AP Photo/Nicolas Job, File)
AnalysisCritical MineralsElectionsIn-DepthPolitics

How is the violent unrest in New Caledonia hitting nickel prices?

The overseas French territory is a crucial source of nickel, but deadly riots over constitutional changes could affect the supply of the mineral...

The switch to electric vehicles means platinum -- used in the manufacture of catalytic converters for high-polluting petrol engines -- faces a dim long-term future (AFP)
BusinessCritical MineralsElectric Vehicles (EVs)MiningNewsSolarStorageWind

Platinum loses shine amid BHP’s vast Anglo bid

Platinum is used in the manufacture of catalytic converters for high-polluting petrol engines — but demand has long been forecast to slump as...

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
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BHP shares hit 3-month high as deadline for formal Anglo bid looms

Shares of BHP Group touched a 3-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for...

A worker carries a crucible of melted copper as he makes statues at a workshop in Lalitpur, Nepal December 23, 2015. REUTERS/Navesh Chitrakar/File Photo
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Copper’s record run at risk as US shipments calm speculator frenzy

Copper's record highs may not be sustainable, with action concentrated on shipment of material to cover exposed short positions in the U.S.

FILE PHOTO: A shipment of copper is seen in the port of Valparaiso city, about 121 km (75 miles) northwest of Santiago, June 29, 2009.    REUTERS/Eliseo Fernandez/File Photo
AnalysisCritical MineralsIn-DepthMineralsNews

Main facts about the copper market as prices hit record highs

Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet...

Elon Musk, center, arrives for the 10th World Water Forum in Nusa Dua, Bali, Indonesia on Monday, May 20, 2024. (AP Photo/Firdia Lisnawati)
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)NewsTransport

Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk

The Indonesian government has proposed to Tesla CEO Elon Musk the construction of an EV battery plant in the nickel-rich country

BHP's bid for Anglo American comes as it looks to secure a reliable copper supply (AFP FILES)
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Crunch time looms for BHP’s bid buy Anglo American

BHP must overcome major hurdles to salvage its faltering pursuit of Anglo American, analysts said Monday as the takeover deadline approcaches

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