Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war in the sector. Sam Imfeld, a longstanding trader in Glencore’s...
Donald Trump’s claim that the US doesn’t need anything from Canada is “simply false,” said Jonathan Wilkinson, Canada’s Energy Minister and a potential candidate in the contest to replace Justin Trudeau as Prime Minister. The US doesn’t have easy alternatives to...
The Association of Mining and Exploration Companies (AMEC) has called on the Australian government to extend and expand the Junior Minerals Exploration Incentive (JMEI), citing its substantial economic benefits since its inception in 2017. “The JMEI is doing exactly...
Chile’s copper export revenue jumped in December, despite lower prices for the metal, indicating that mines in the top-producing country extended a recovery from the lowest levels in two decades. The sales were up 10% from November and 13% compared with the same month...
The US state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR). Monday’s lawsuit in the US District Court in...
Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges, strategy and management consulting company McKinsey projects. The...