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Rare earth recycler Cyclic Materials secures $53m funding from Microsoft, BDC

Ontario-based recycling company Cyclic Materials, aiming to create a circular supply chain for rare earth elements (REEs) and other critical materials, announced Wednesday it has successfully closed an oversubscribed $53 million Series B equity round. The funding round was led by...

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

Gold price scales $2,800 amid US election uncertainty

“Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.”

Staff Writer | October 30, 2024 | 1:12 am