[ad_1] The commodities giant is willing to buy Teck’s unit as an alternative to a full merger. [ad_2] Source link
Tag: Metal Ore Mining
EV Makers Confront the ‘Nickel Pickle’
[ad_1] Large amounts of the mineral are needed for electric car batteries, but getting it out of the ground and refining it often requires clearing rainforests and generating large amounts…
A Onetime Paper Maker Is Now the King of Lithium
[ad_1] Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global supply chain for battery metals used in electric cars…
The Green Revolution Is Here. Which Big Miners Are Prepared?
[ad_1] New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries. [ad_2] Source link
The Next Big Bull Market Could Be Copper
[ad_1] Cyclical headwinds could limit gains in 2023, but longer-term demand, driven by green power, looks likely to far outstrip supply growth. [ad_2] Source link
Anglo American 1Q Production Rose 9% On Year; Backs 2023 Guidance
[ad_1] Anglo American said its first-quarter production increased 9%, driven by copper at its new Peru mine and improvements in its other operations, and kept its 2023 guidance unchanged across…
Fortescue Third-Quarter Iron-Ore Exports Steady
[ad_1] Fortescue Metals Group Ltd. said third-quarter iron-ore shipments were steady versus a year earlier, and that it expects fiscal-year output costs to be at the lower end of company…
Rise of EVs Drives Mining Deals to Decade High
[ad_1] Mining companies are back at the deals table as they battle for control of commodities essential for making electric cars and renewable-energy infrastructure. [ad_2] Source link
Lithium Miners Slump as Chile Unveils State-Led Policy
[ad_1] President Gabriel Boric’s plan to create a state-owned lithium company comes as Chile faces pressure for more public spending. [ad_2] Source link
Coal Is Too Hot to Handle—Maybe Even for Glencore
[ad_1] Markets Heard on the Street The Swiss commodities giant has long argued that its thermal-coal assets worked better as part of a diversified miner. But its new bid for…