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Lithium: Serbian government revokes Rio Tinto’s licenses
Serbian Prime Minister Ana Brnabic reported Thursday that the government has revoked all licenses tied to Rio Tinto for lithium exploration. All decisions (related to the lithium project) and all licenses have been cancelled. The government's decision came after...
Iron ore: price back above $130 with China’s support
Iron ore led gains among industrial metals Wednesday as China promises to use more monetary policy tools to stimulate the economy, brightening the outlook for commodity demand. Singapore futures rose more than 3% to more than $130 a tonne. Dalian iron ore jumped...
Copper: Antofagasta says water shortage in Chile will affect 2022 production
Chilean miner Antofagasta expects annual copper production for 2022 to be below last year's levels as operations continue to be affected by the country's longest drought in decades. The company, which has already seen 2021 copper production drop 1.7% to 721,500 tons,...
Tin: Indonesia has yet to issue permits to export the metal in 2022
Indonesia, the world's second-largest tin producer, has yet to issue permits to export the metal in 2022. Tin benchmark prices on the London Metal Exchange hit a record high of $42,830 a tonne on Wednesday amid rumors of a delay in Indonesia's issuance of export...