Glencore posts lower metals output for first nine months, reiterates outlook The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons. Reuters | October 30, 2024 | 1:22 am
Pilbara Minerals cuts FY25 output forecast; flags Pilgangoora optimization The country's biggest pure-play lithium miner expects output between 700,000 to 740,000 tonnes for fiscal 2025. Reuters | October 29, 2024 | 3:20 pm
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario. Cecilia Jamasmie | October 29, 2024 | 6:47 am
China’s cobalt king hits output goal months ahead of schedule The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up. Bloomberg News | October 29, 2024 | 2:20 am
Australian rare earths developer ASM eyes US defence funding ASM has been building funds to develop its $1.1 billion Dubbo rare earths project in New South Wales. Reuters | October 29, 2024 | 1:59 am
Australia risks losing its iron ore dominance, Fortescue CEO says Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply. Reuters | October 28, 2024 | 5:54 pm
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine The loan, provisionally approved in March, is a key part of President Joe Biden's efforts to reduce dependence on lithium supplies from China. Reuters | October 28, 2024 | 2:04 pm
Galp in no rush to invest in lithium refinery with Northvolt The refinery, which was scheduled to start commercial operations in early 2026, is facing delays due to the complexity of the project. Reuters | October 28, 2024 | 10:49 am
AstroForge secures first-ever commercial license for asteroid mission Odin will become the first private mission to fly by a body in the Solar System besides the Moon, capturing images and data. Staff Writer | October 28, 2024 | 9:53 am