Receive our free daily newsletter:
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
Hedge funds are hoarding cobalt amid battery metal slump
Hedge funds including Anchorage Capital Advisors and Squarepoint Capital have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures...
Argentina is about to unleash a wave of lithium in a global glut
For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. Four new projects will...
Copper supply gets a boost as Chile shows signs of recovery
Copper production in Chile, the world’s biggest supplier of the wiring metal, is showing signs of recovering from 20-year lows. Output in May was the highest this year, rising more than 8%...
Nutrien says ‘black swan’ jolts are finally easing
The world’s biggest maker of crop nutrients said fertiliser demand is just now starting to stabilise from seismic shocks of the past few years that left the company with wild profit swings. “We’re...
South Africa opposition makes debut in Ramaphosa’s unity Cabinet
South African President Cyril Ramaphosa announced his new Cabinet, allocating ministerial posts to opposition politicians while retaining close ally Enoch Godongwana as finance minister. The...
Lundin weighs sale of zinc mines in Sweden and Portugal
Lundin Mining Corp is considering a potential sale of two European zinc mines as the Canadian metals producer turns its focus to copper in Latin America, according to people familiar with the...
Exxon backs EV demand growth to turn its lithium bet into a win
Exxon Mobil said lithium demand will grow despite a years-long slump in prices, a scenario that would help its traditional oil business co-exist with a foray into producing the battery material...
Sibanye ‘will have to’ shutter US mine unless palladium recovers
Sibanye Stillwater will be forced to halt operations at its Montana palladium mine if prices don’t recover soon, according to CEO Neal Froneman. “The future of Stillwater remains in the balance,”...
Trafigura clinches share of major zinc deal snubbed by Glencore
Production from a large new zinc mine in the Democratic Republic of Congo will be split between several new buyers including trading giant Trafigura Group, after rival Glencore backed away from a...
LGIM to sell Glencore stake on concern over thermal coal plans
Legal & General Investment Management (LGIM) said it will divest from Glencore Plc, the world’s biggest coal shipper, on concerns about its production of the most polluting fuel. While most of its...
Vale returns to global debt markets with sale of dollar bonds
Vale, the world’s second largest iron-ore producer, is tapping international bond markets for the first time in a year amid a debt buyback. Vale Overseas, a subsidiary of the Rio de Janeiro-based...
Lithium’s low price can't support spending on new plants, Albemarle says
Lithium’s low price doesn’t justify new investments in plants for the battery metal, says a top Albemarle executive. The current price of the key battery ingredient is “concerning” and investors...
Ex-Trafigura metals boss to run new team of 40 at rival Mercuria
Trafigura Group’s former co-head of metals Kostas Bintas is joining Mercuria Energy Group together with several of his ex-colleagues, to spearhead an aggressive push into metals in one of the...
Hedge fund making 20% a year for last decade targets uranium M&A
A top performing hedge fund is betting the pullback in uranium producer NexGen Energy will be short lived, as the industry’s growing appeal leaves the startup well placed for a potential takeover....
Top China lithium firm files international claim against Mexico
Ganfeng Lithium has filed an international arbitration case against Mexico after the Latin American nation canceled a potential mining project valued at more than $1-billion. Efforts by Ganfeng,...
Czech tycoon’s takeover of Sydney-listed coal miner falls through
The owner of a majority stake in Sydney-listed metallurgical coal producer Coronado Global Resources terminated its sale to Czech tycoon Pavel Tykac’s Sev.en Global Investments. The Energy and...
Paladin’s uranium deal signals M&A push for rich Canadian deposits
Paladin Energy’s C$1.14-billion offer to buy Canadian mining firm Fission Uranium is all about geography. The all-stock deal will give Australia’s Paladin operational control of one of the most...
Lithium’s ongoing slump has traders searching for recovery signs
Lithium industry watchers hoping the battery metal was poised to rebound from an epic slump have been hit by the realisation prices have fallen again this month, with inventories piling up as...
Aurubis names Toralf Haag as new CEO after board overhaul
Copper producer Aurubis has named Toralf Haag as its new CEO, completing an overhaul of its board in the wake of a giant raw-materials fraud. Haag will take over from Roland Harings, after the...
China Baowu completes purchases of stake at Simandou project
China Baowu Steel Group has completed its purchase of a stake in the Simandou project in Guinea, as China’s top steelmaker looks to expand its interest in the world’s largest untapped iron ore...
Ex-BlackRock exec calls for unity to fight climate change
Paul Bodnar, BlackRock’s former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances to be made on the environmental front....
Key EV battery material can come from a surprising source: methane
Graphite is key to manufacturing the lithium-ion batteries that power everything from electric cars to smartphones. While China is the world’s top producer and exporter of the crystalline carbon,...
Eskom wins South African appeal to keep five polluting power plants open
South Africa’s State power utility and biggest source of air pollution won an appeal to keep five of its oldest plants open even though they are set to flout incoming emission caps. The plants -...
Proposed Australian emissions shift could conceal methane — Ember
Australian opencut coal mine operators may be able avoid reporting hundreds of thousands of tons of methane emissions if a government proposal to change how the releases are estimated is approved,...
Europe’s EV battery plans fade on China price war, US subsidies
In 2019, France and Germany agreed to pump billions of euros into a plan to boost Europe’s battery industry and catch up with China and the US. Five years later, that effort is running out of...
Drone-sinking of coal ship takes Red Sea perils to new level
The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs. The British navy...
Carson block raises money to bet on rising metals and mining stocks
Carson Block, who made his name betting against companies, is gathering money for a fund that will bet on rising metals and mining stocks. The Muddy Waters Resources Fund filed a private placement...
China is building Europe battery supply in Morocco, VW unit says
China is building a battery supply chain for Europe in Morocco, as the continent struggles to develop its own industry to feed electric-car manufacturing, PowerCo’s operations head said. “We don’t...
Nickel 28 reaches settlement with fired CEO to end misconduct claim
Nickel 28 Capital’s former CEO agreed to relinquish nearly half the stock he owned in the company that accused him and other ousted executives of “serious misconduct.” Anthony Milewski agreed to...
Fraud cops investigating ex-Glencore staff plan to press charges
British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many...
China-Australia critical mineral tensions in spotlight as Li Qiang visits Perth
The gulf between Beijing and Canberra over Chinese investment in Australia’s critical minerals industry is expected to take center-stage on the final day of Premier Li Qiang’s visit, when he joins...
Gecamines threatens to intervene in sale of cobalt firm
The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit. Chemaf put...
Tesla shareholders vote no on deep sea mining moratorium
Tesla Inc. investors agreed to Elon Musk’s $56-billion pay package on Thursday, but declined to agree to a moratorium on sourcing electric vehicle battery metals from deep sea ecosystems. Activist...
Orano at risk of losing Niger uranium mine sought by Russia
Orano could lose the right to mine uranium at one of the largest deposits in the world by June 19 after Niger rejected the French nuclear company’s plan for developing the asset. The move comes as...
Bill Gates says he's ready to put billions into nuclear power
Bill Gates said he’s prepared to plow billions of dollars into a next-generation nuclear power plant project in Wyoming to meet growing US power needs. TerraPower, a startup founded by Gates,...
Peru miner Volcan eyes $200m in further asset sales
Volcan Cia Minera, the Peruvian zinc miner that was recently acquired by Argentine group Integra Capital, said it is pushing ahead with plans to sell non-core assets as it talks with creditors to...
Canada blocks Chinese rare earths deal in Trudeau-led crackdown
Canada’s government will buy stockpiled rare earth materials from Vital Metals in a deal that prevents the company from selling its production to a Chinese buyer. The small Australian firm, which...
Second Australian rare earths producer suffers cyber attack
Iluka Resources has become the second Australian rare earths miner to suffer a cyber attack in recent months, although the hackers weren’t able to penetrate its cybersecurity protections. The...
China steel demand plateaus at a decent level, Vale’s boss says
Chinese steel demand “has definitely plateaued” due to property woes, though the Asian nation’s appetite for the material is still at a “decent level,” said the head of the world’s second-largest...
Billions in African gold smuggled to UAE every year – SwissAid
Billions of dollars of gold is smuggled out of Africa every year, with the vast majority exported to the United Arab Emirates for processing, according to a report by SwissAid. Using data on...
CEF’s Sapref refinery purchase raises clean-up concern
South Africa’s purchase of the nation’s largest refinery from Shell and BP for a symbolic R1 will transfer the environmental liability of the site to the government, according to a local advocacy...
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...
VISIT SHOWROOMMultotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...
VISIT SHOWROOMSouth African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...
VISIT SHOWROOMWeir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOMPress Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation