互联网收集(Internet Sources)

India and US Sign Agreement to Strengthen Critical Mineral Supply Chains for EVs and Clean Energy

According to Mining.com, citing Reuters, Indian Trade Minister Piyush Goyal and U.S. Commerce Secretary Gina Raimondo recently signed an agreement to enhance lithium, cobalt, and other critical mineral supply chains needed for electric vehicles and clean energy. The agreement was signed during Goyal’s visit to Washington, with the goal of boosting the resilience of critical […]

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LME Copper Stock Drops to Two-Month Low as NY Copper Hits Two-Year High

According to data from the London Metal Exchange (LME), copper stockpiles reached a five-year high on August 29 but have since decreased, with last week’s inventory dropping to 297,300 tons, marking a two-month low. The latest data from the Shanghai Futures Exchange (SHFE) showed that copper inventories continued to decline, falling by 14.87% to 140,408

LME Copper Stock Drops to Two-Month Low as NY Copper Hits Two-Year High Read More »

Aluminum Prices Show Resilience Amid Macro Policies and Seasonal Demand

Since the third quarter, Shanghai aluminum prices have undergone fluctuations—initial declines, followed by rebounds, corrections, and then another upward movement. As of September 25, Shanghai aluminum remains in a new rebound phase driven by positive macroeconomic factors. Recent internal and external favorable policies have contributed to the aluminum market’s strength. Industry Profit Recovery As aluminum

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China’s Economic Boost Lifts Copper Prices as LME Copper Surges Above $10,000 per Ton

On September 26, the Chinese Communist Party’s Politburo held a meeting to discuss the current economic situation and deploy next steps for economic work. The meeting emphasized implementing existing policies while adding new ones to achieve the annual economic development goals. Boosted by these efforts, LME copper prices rose by $268 to $10,080 per ton,

China’s Economic Boost Lifts Copper Prices as LME Copper Surges Above $10,000 per Ton Read More »

Indonesian President Inaugurates Amman Mineral’s $1.4 Billion Copper Smelter, Aims to Boost Global Demand for Indonesian Copper

On Monday, Indonesian President Joko Widodo inaugurated Amman Mineral Internasional’s $1.4 billion copper smelter in West Nusa Tenggara. He encouraged global customers to turn to Indonesia for copper products, stating that the new smelter has an annual capacity to process 900,000 tons of copper concentrate. The smelter is expected to start producing 220,000 tons of

Indonesian President Inaugurates Amman Mineral’s $1.4 Billion Copper Smelter, Aims to Boost Global Demand for Indonesian Copper Read More »

First Quantum Opens Voluntary Retirement Plan for Workers at Cobre Panama as Mine’s Future Remains Uncertain

According to sources, First Quantum Minerals has opened a voluntary retirement plan for workers at the Cobre Panama copper mine as the company awaits the government’s decision on reopening the mine. The mine was shut down after Panama’s Supreme Court declared its contract unconstitutional, following protests against its environmental impact. The Panamanian government, under President

First Quantum Opens Voluntary Retirement Plan for Workers at Cobre Panama as Mine’s Future Remains Uncertain Read More »

Barrick to Complete Feasibility Study for Lumwana Expansion by Year-End

Barrick Gold is expected to complete the feasibility study for the Lumwana Mine expansion in Zambia by the end of 2023, paving the way for construction to begin in 2025. The expansion will transform Lumwana into a long-life, high-output Tier 1 copper mine, potentially ranking among the world’s top 25. The plan includes doubling processing

Barrick to Complete Feasibility Study for Lumwana Expansion by Year-End Read More »

Newmont Sells Telfer and Havieron Projects for $475 Million to Greatland Gold

Newmont Mining Corporation (NEM.US) has agreed to sell 70% of its Telfer Mine and Havieron Gold-Copper Project in Western Australia to Greatland Gold for $475 million in cash and stock. This transaction is part of Newmont’s strategy to divest non-core assets and is expected to be completed in Q4 2024, pending certain conditions. According to

Newmont Sells Telfer and Havieron Projects for $475 Million to Greatland Gold Read More »

First Quantum Minerals to Begin Construction of $3.5 Billion Taca-Taca Copper Project in Argentina

According to reports from external sources on September 6, First Quantum Minerals has held discussions with the Argentine government about beginning construction on the $3.5 billion Taca-Taca copper project. The Canadian mining company met with Argentine officials to announce the commencement of the project, located 230 km west of Salta. This was announced during the

First Quantum Minerals to Begin Construction of $3.5 Billion Taca-Taca Copper Project in Argentina Read More »

Japan to Provide Increased Subsidies for Electric Vehicle Battery Production to Boost Domestic Capacity by 50%

According to reports from various media outlets, Japan will offer additional subsidies for electric vehicle (EV) battery production. Minister of Economy, Trade, and Industry, Yasutoshi Nishimura, announced that the Japanese government will support 12 battery or related component/material/equipment projects with subsidies totaling 350 billion yen (approximately 173.95 billion RMB) to enhance Japan’s EV battery supply

Japan to Provide Increased Subsidies for Electric Vehicle Battery Production to Boost Domestic Capacity by 50% Read More »

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