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Canada lithium mining hopeful takes another big hit

19 February 2019 - 22:26
Nemaska Lithium (TSE: NMX) announced on Monday it has terminated a multi-year supply agreement with Livent Corporation that would cost the Quebec company up to $20m to settle.

BHP urges miners to create global body to oversee tailings dams

19 February 2019 - 20:31
BHP, the world’s largest mining company, urged peers to create an independent international body in charge of overseeing the construction, integrity and operations of tailings dams, which storage mining waste, following the second collapse of a dam in Brazil in the past three years.

Waterton steps up efforts to oust Hudbay Minerals’ CEO, board

19 February 2019 - 20:20
Hudbay Minerals’ (TSE, NYSE: HBM) second-largest investor, Waterton Global Resource Management, has turned up the heat in a boardroom battle that seeks to replace the Canadian miner’s chief executive officer and overhaul its board.

China atop Iran’s Trade Partners

19 February 2019 - 20:05
China, the UAE, Turkey, Germany and India are the top exporters of goods to Iran, supplying more than 57% of the country's imports, according to the data released by the Islamic Republic of Iran Customs Administration.

Iranian Spokesman Laments EU’s Delay in Implementing INSTEX

19 February 2019 - 17:29
Iranian Foreign Ministry Spokesman Bahram Qassemi took a swipe at the European Union for its delay in implementing the financial mechanism for trade with the Islamic Republic known as the Instrument in Support of Trade Exchanges (INSTEX).

Iran's Trade With Australia Grows 26%

19 February 2019 - 17:15
Iran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.02% growth in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.

Iran AML Amendment in Line With Int'l Standards

19 February 2019 - 16:36
The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized committees in government, parliament, the constitutional watchdog Guardian Council and the top arbiter, the Expediency Council.

Turkish met coke imports drop after 2017 surge

18 February 2019 - 21:14
Turkey's imports of metallurgical coke fell in 2018, following 2017's sharp rise, as the country hiked imports to offset lower domestic output during coke battery upgrades (see chart).

Posco bullish on battery demand

18 February 2019 - 20:59
South Korean steel producer Posco said the electric vehicle (EV) industry this year faces growth limits until a product is available widely enough for demand to achieve large-scale gains.

Iron ore differentials narrow on supply pressure

18 February 2019 - 20:46
Portside discounts for Fortescue Metals' 56.5pc Fe super-special fines (SSF) have dropped below 20pc to the Argus 62pc PCX portside index on 15 February, the narrowest in recent months, and may contract further as supply keeps high-grade prices under pressure.
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