Rory Johnston is a commodity economist covering energy and metal markets in Scotiabank’s economics department. His research includes the Scotiabank Commodity Price Index (a monthly assessment of developments affecting the…
Australian rare earths miner Lynas (ASX: LYC) has selected the city of Kalgoorlie to build its new cracking and leaching plant to extract low-level radioactivity from the ore mined at…
Increasing violence in communities around its Richards Bay Minerals complex in South Africa has forced Rio Tinto (NYSE: RIO) to curtail all mining operations there, the Anglo-Australian miner says. The…
The Dow Jones Industrial Average rose 0.63% to 28,051.41 and the S&P 500 Index gained 0.99% to 3,140.90. Spot gold closed the trading week at US$1,464, up 0.2%. Nutrien shares…
In a bid to end weeks of anti-government protests and riots that have left at least 26 people dead and 13,500 injured, Chile’s political parties have agreed on a process…
Rising electric vehicle (EV) adoption is driving a massive transformation in lithium-ion battery production. “Back in 2015, there were three lithium-ion battery megafactories [built or in development] — we’re now…
Apple is using recycled rare earth elements (REE) in a key component of its newest iPhone 11 models, which hit the market in September. The recycled REEs are employed in…
BHP (NYSE: BHP; LON: BHP) has appointed Mike Henry as its new CEO starting Jan. 1, 2020. Henry will replace CEO Andrew Mackenzie, who is retiring on Dec. 31. Currently…
China’s Yibin Tianyi is taking a 12% stake in Australia’s AVZ Minerals (ASX: AVZ) for A$14.1 million (US$9.6 million). The Perth-based mining company says it will use the funds to…
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
Russia’s state nuclear group Rosatom and Canada’s Wealth Minerals (TSXV: WML) are working towards a partnership at the junior’s Atacama lithium project in northern Chile. The two companies signed a memorandum…
A combination of growing demand for rare earth elements (REEs) and supply uncertainty related to the ongoing trade war between the U.S. and China has reignited project investment, with rare…
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