Commodity trading giant Trafigura says it’s begun talks with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to build a new aluminum smelter in Egypt. The…
Offtake deal with the Standard Lithium-Equinor JV signals growing push to secure domestic battery materials supply in North America.
A cargo of copper cathodes is headed to Baltimore after arriving by train at the port of Lobito in Angola on Monday.
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t contain the metal they were…
Finland’s Terrafame will start recovering natural uranium as a byproduct of zinc and nickel production at its Sotkamo mine by mid 2024. The miner, in which the Finnish state has…
“Challenging market conditions” have forced Trafigura to put its Auby smelter in France on care and maintenance. Netherlands-based Nyrstar, which is majority owned by Trafigura, reported the closure on Dec….
Anglo American (LSE: AAL) said on Tuesday it had begun producing copper concentrate at its US$5.5 billion Quellaveco mine in Peru. The mining giant, which has a 60% stake in…
Mining and commodities trader Glencore (LSE: GLEN) will set aside US$1.5 billion to cover a series of probes into bribery and market manipulation, which it expects to resolve before year-end….
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the…
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget. At…
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the purchase and sale of the…
Vale (NYSE: VALE) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity…