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Materials and Metals Metals and Mining

  • Nickel is used in lithium ion batteries for electric vehicles. Dan Lougher, CEO of Western Areas, talks about how miners are getting into the EV market.

  • Copper: China imported 390,000 tonnes, versus 390,000 tonnes in June. Crude oil: China imported 34.66 million tonnes, versus 36.11 million tonnes in June. Iron ore: China imported 85.74 million tonnes, versus 94.7 million tonnes in June.

  • *GS Yuasa soars on report its new battery to double EV range. TOKYO, Aug 8- Japan's Nikkei share average slid on Tuesday, with weak financials offsetting gains in the steel sector which rose on a strong earnings outlook. Japan Steel Works jumped 19 percent after the company raised its operating profit outlook to 14 billion yen from 12.5 billion yen for the year...

  • Demand for electric vehicles, which have nickel batteries, will spur a surge in nickel demand, says Peter Bradford, CEO of Independence Group.

  • Ian Murray, CEO of Gold Road Resources, describes the mine development process from making a discovery to securing financing.

  • Joe Urli of Airobotics talks about how fully autonomous drones can be used to provide greater safety at mining operations.

  • SYDNEY, Aug 8- Shanghai aluminium futures jumped more than 3 percent in a robust start to base metals trading on Tuesday, lifted by hefty gains in steel-related futures in China. *ALUMINIUM: The most traded aluminium contract on the Shanghai Futures Exchange was up 3.4 percent to 15,550 yuan by 0149 GMT, the highest price in more than 4 -1/ 2 years.

  • SYDNEY, Aug 8- Shanghai aluminum futures jumped more than 3 percent in a robust start to base metals trading on Tuesday, lifted by hefty gains in steel-related futures in China. *ALUMINIUM: The most traded aluminum contract on the Shanghai Futures Exchange was up 3.4 percent to 15,550 yuan by 0149 GMT, the highest price in more than 4 -1/ 2 years. *LME ALUMINIUM:...

  • Ross Smyth-Kirk of Kingsgate Consolidated outlines the miner's plans in South America, including a gold and silver mine in Chile.

  • In Shanghai today the most active steel rebar contract went limit-up, surging 7 percent to 4,013 yuan per per tonne, its highest level since April 2013. Where Shanghai steel leads, Dalian iron ore follows. Market open interest on both Shanghai steel and Dalian iron ore hit record highs last month and is still at historically elevated levels.

  • MELBOURNE, Aug 8- Australian miner Red River said on Tuesday that commodity trader Trafigura has won an offtake agreement for zinc and lead concentrate production from its Thalanga mine in the north of the country. The Thalanga zinc project in Queensland state, which had been under' care and maintenance' since 2012, has been ramping up since last year and is on...

  • SANTIAGO, Aug 7- Mining companies are planning to invest about $65 billion in Chile over the next 10 years, almost one-third more than previously estimated, the government of the world's top copper producer said on Monday. Among the larger projects are the reactivation of the El Abra Mill, a joint venture of Chilean state copper company Codelco and...

  • In Shanghai today the most active steel rebar contract went limit-up, surging 7 percent to 4,013 yuan per per tonne, its highest level since April 2013. Where Shanghai steel leads, Dalian iron ore follows. Market open interest on both Shanghai steel and Dalian iron ore hit record highs last month and is still at historically elevated levels.

  • The milestone was reached in the June quarter and production doubled, funded entirely from cash flows, says Raleigh Finlayson, CEO of Saracen Minerals.

  • Deloitte's consulting partner Paul Klein says it is timely for miners to upgrade their capabilities now as the costs of new technologies have come down.

  • Lithium prices will stay high as supply cannot keep up with China’s fast-growing chemicals and batteries industry, says Pilbara Minerals CEO Ken Brinsden.

  • MELBOURNE, Aug 7- Shanghai copper came within a whisker of its highest in four years on Monday after a rally in steel unleashed short-covering across metals, before prices quickly retraced in line with a stronger dollar. *SHFE COPPER: Shanghai Futures Exchange copper surged more than 1 percent to top out at 51,060 yuan, just shy of February's 51,200 yuan high, a...

  • LONDON, Aug 4- Zinc prices clawed higher on Friday, getting a boost from another surge in Chinese steel prices and from investors who are still bullish about shortages of metal developing. Some investors have become wary about zinc's bull story after Chinese output unexpectedly rose 17 percent month-on-month in June despite last year's closures and...

  • TOKYO, Aug 4- Japanese trading company Itochu Corp said on Friday its first-quarter net profit rose 48 percent to a record level, citing higher coal and iron ore prices and healthy earnings from food businesses. Itochu, Japan's third-biggest trading house by assets, said net profit for April-June was 108.2 billion yen, up from 73.1 billion yen in the same period a...

  • *China expected to report strong July economic data. SHANGHAI, Aug 4- China stocks inched up on Friday morning, led by gains in resources firms whose earnings benefited from the ongoing construction boom and prices rising on the government's push to trim excess capacity. Investors are also awaiting a flurry of data in coming weeks that could show steady growth in...