Glencore said to weigh selling stake in Kazakh miner Kazzinc

Glencore Plc is considering selling its stake in Kazakh mining company Kazzinc amid interest from potential buyers in China, people familiar with the situation said.

EU, Australia sign critical minerals pact to diversify supply chains

Australia and the European Union have struck an agreement to boost cooperation and investment in critical minerals, part of a drive by Western nations to loosen China’s grip on supply chains of materials essential to high-tech and green manufacturing.

At least two companies seek Norway seabed mining permits

Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry.

US blames China’s CMOC for predatory tactics behind cobalt glut

China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo mines.

Congo allows Zijin mine to resume operations, ministry letter says

Democratic Republic of Congo’s government has lifted a suspension order on a Congolese copper and cobalt operation majority-owned by China’s Zijin Mining Group Co. Ltd, according to a letter seen by Reuters on Monday.

Peru zinc miner Volcan to avoid debt haircut, new owner says

Volcan Cia Minera SAA plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing speculation over a default or restructuring at the Peruvian zinc miner.

Sibanye seeks to loosen borrowing restrictions as earnings plunge

South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, it said on Friday, after weak platinum group metal (PGM) prices drove earnings 72% lower in the March quarter.

Congo’s $7 billion infrastructure deal with China will depend on copper prices

Around $7 billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of the agreement published on Friday show.

High-flying zinc shrugs off European smelter restarts

Belgium’s Nyrstar is reactivating the Budel zinc smelter in the Netherlands after a four-month period of care and maintenance.

Congo M23 rebels claim control of smartphone mineral mining town

M23 rebels in eastern Democratic Republic of Congo have taken control of Rubaya, a key mining town for the smartphone mineral coltan, following days of intense fighting, a rebel spokesman said.

Congo questions Apple on concerns about use of conflict minerals

The Democratic Republic of Congo’s government notified Apple Inc. of concerns that the company’s supply chain may be tainted by conflict minerals sourced from the central African nation.

Zinc price trades near one-year high as market weighs supply risks

Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming supply risks.

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal, according to two sources familiar with the matter.

US talks often with Congo’s Gecamines on cobalt and copper, official says

The United States speaks regularly with the Democratic Republic of Congo’s state miner Gecamines, a senior State Department official told Reuters, as Washington seeks to deepen relationships with key suppliers of cobalt and copper across the African continent.

Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement

Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.

US bill supporting seafloor mining lifts The Metals Company

The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.

Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts

A researcher at the Leibniz Institute for Catalysis in Rostock has developed new methods for the synthesis of drug precursors using catalysts made of iron, manganese and cobalt.

Perseus extends OreCorp takeover bid to April

Australia’s Perseus Mining is not giving up on its plans to acquire African gold developer OreCorp, releasing on Friday a second supplementary bidder’s statement that extends its off-market offer to April 19.

Jervois Global blames Chinese overproduction for job cuts

Australian miner Jervois Global Ltd. is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply.

US court sides with Apple, Tesla, other tech companies over child labor in Africa

A federal appeals court on Tuesday refused to hold five major technology companies liable over their alleged support for the use of child labor in cobalt mining operations in the Democratic Republic of the Congo.

India launches second part of critical minerals auction worth $362 billion

India launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about $362 billion), the country’s mines minister, Pralhad Joshi, said on Thursday.

Adriatic Metals produces first concentrate at Bosnian silver mine

British-based Adriatic Metals has produced the first concentrate at its Vares silver project in central Bosnia, the company said on Wednesday.

US moves to restore stockpiling ‘panic button’ in EV metals fight with China

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and protect against supply shocks.

Gecamines plans overhaul of mining JVs in world’s top cobalt supplier

The Democratic Republic of Congo’s state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.

Africa moves a step closer to continent’s first cobalt refinery

Africa could have its first cobalt sulphate refinery by the end of 2025, one of the few outside of China capable of making the product that’s a key component of lithium-ion batteries.

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