Indonesia's investment minister said on Wednesday that copper miner Freeport Indonesia must agree to sell an additional 10% stake to the government, as negotiations get underway for the U.S. company to extend its permit to operate in the country.
U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co's plan to partner with PT Vale Indonesia and China's Zhejiang Huayou Cobalt in a $4.5 billion nickel processing plant in Indonesia.
Dutch miner and lithium supplier AMG on Wednesday posted better-than-expected first quarter core profit, helped largely by its Clean Energy Materials business, which includes its lithium operations.
Platinum prices have shot up as speculators bet that power outages at South African mines and rising demand from auto makers and the hydrogen industry will create supply shortages.
South Africa's Impala Platinum on Tuesday reported a 10% decline in third quarter refined platinum group metal (PGM) output, as reduced smelter availability and intensified power cuts hit production.