Mining News
- Rio Tinto develops new atomised steel powder for 3D printing May 10, 2021Company has developed and tested a new water atomised steel powder designed for 3D printing applications at its Fer et Titane metallurgical complex in Sorel-Tracy, Quebec.
- Lithium extraction techniques increasingly under ESG scrutiny – report May 10, 2021According to Fitch, automakers with operations inside the EU have already started to invest in more sustainable extraction techniques, placing pressure on lithium producers.
- New MIRARCO Mining Innovation research project garners federal grant May 10, 2021The research will focus on understanding how engineered structures in mines respond to stimuli, so falls of ground can be reduced, making mines safer.
- Cars keep getting pricier and the commodity boom makes it worse May 10, 2021Analysts at JPMorgan estimate the price of an auto’s raw materials have climbed 83% in the year through March.
- Wheaton CEO sees deal opportunities growing faster than the competition May 10, 2021A recent report by McKinsey & Company found streaming and royalty deals still only made up a fraction of overall debt and equity financing in the mining industry.
- China moves to cool rally as iron ore prices explode May 10, 2021China's commodity exchanges moved to raise trading limits and margin requirements for some iron ore contracts and reinstated fees on steel.
- Artemis announces $129 million equity financing, shares down May 10, 2021Proceeds will be used for its final cash payment to New Gold for the Blackwater gold project.
- Lucara ‘bounces back’ in Q1 on healthier diamond market May 10, 2021The company reported net income of $3.4 million, compared with a net loss of $3.2 million in the same quarter of last year.
Metal news
- Silver prices left behind in the green investment narrative May 10, 2021The green agenda has lifted prices across the metals sector. To what extent it has driven physical demand rather than sentiment-driven investor activity — in the form of exchange-traded fund (ETF)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Century Aluminum reports Q1 net loss despite 14% sales jump May 10, 2021This morning in metals news: Century Aluminum released its Q1 financial results; meanwhile, copper prices continue to surge; and natural gas production plummeted during what was a frigid February in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- The real story behind U.S. Steel’s Mon Valley project cancelation May 10, 2021Most of the mainstream press’ coverage of U.S. Steel’s giant Mon Valley plant upgrade project cancelation focuses on several issues, from permitting delays to U.S. Steel stating that a competing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Week in Review: Another commodities supercycle?; rising battery demand; European hot rolled coil prices May 7, 2021Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including whether or not we are in a supercycle, rising EV demand and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Iron ore prices to remain elevated in 2021 May 7, 2021This morning in metals news: MetalMiner’s Stuart Burns weighed in on the outlook for iron ore prices and steel prices throughout the remainder of this year; the unemployment rate was unchanged... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Rare Earths MMI: DOE awards rare earths funding; Lynas reports quarterly output May 6, 2021The Rare Earths Monthly Metals Index (MMI) fell by 9.8% for this month’s reading. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Are we headed for another supercycle? May 6, 2021Some of the merchant banks would have us believe we are in the grip of another supercycle. Certainly, the relentless recovery in commodity prices following last year’s lows appears graphically like a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: US nonfarm business sector labor productivity rises 5.4% in Q1 May 6, 2021This morning in metals news: nonfarm business sector labor productivity jumped by 5.4% in the first quarter; the CME Group said it will permanently close the trading pits it shut down last March; and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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