Graphic: Demand headwinds mean no respite in pressure on aluminum prices Benchmark aluminum on the LME fell to a five-week low on Wednesday. Reuters | August 16, 2023 | 8:25 am
Teck and Norden team up to reduce carbon emissions The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO2. Staff Writer | August 16, 2023 | 8:23 am
Indonesia’s Jokowi calls on successor to continue commodity downstreaming A presidential election is due on Feb. 14 and the elected candidate will be sworn into office in October next year. Reuters | August 16, 2023 | 7:38 am
Citi buys large amounts of zinc for lucrative LME warehouse deal Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore. Reuters | August 16, 2023 | 7:33 am
‘Planting’ rocks in global croplands could turn them into major carbon sinks — study Up to 217 gigatons of carbon could be sequestered by applying enhanced rock weathering to all agricultural fields in the world. Staff Writer | August 16, 2023 | 5:05 am
Chaarat Gold sells Kapan mine in Armenia for $54.5 million Chaarat will focus now on developing its two Kyrgyz assets, particularly the Tulkubash open pit gold project. Cecilia Jamasmie | August 16, 2023 | 3:49 am
Lithium Royalty wins court case against Orion; stock rises The court found that its January 2021 agreement to buy 85% of Orion's royalty on Thacker Pass was binding and enforceable. Staff Writer | August 15, 2023 | 3:05 pm
BHP, South32 may face South Africa class action on lung disease A legal firm is seeking relief for miners who have worked at the operations since 1965 and their descendants. Bloomberg News | August 15, 2023 | 1:31 pm
Esmark CEO says has money in bank account for $7.8 billion US Steel bid Chief executive James Bouchard said he had $10 billion available and Esmark itself had no debt. Reuters | August 15, 2023 | 1:22 pm