Edition:
India

Ernest Scheyder

Freeport shares drop after quarterly profit misses expectations

25 Apr 2019

Freeport-McMoRan Inc, the world's largest publicly traded copper producer, posted a lower-than-expected quarterly profit on Thursday due to slipping production and rising costs, sending shares down more than 8 percent.

UPDATE 3-Freeport shares drop after quarterly profit misses expectations

25 Apr 2019

April 25 Freeport-McMoRan Inc, the world's largest publicly traded copper producer, posted a lower-than-expected quarterly profit on Thursday due to slipping production and rising costs, sending shares down more than 8 percent.

From turbines to thermostats: Copper miners eyes high-tech demand

10 Apr 2019

SANTIAGO Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity.

CRU-CESCO-From turbines to thermostats: Copper miners eyes high-tech demand

10 Apr 2019

SANTIAGO, April 10 Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity.

UPDATE 1-CRU-CESCO-Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg mine -CEO

10 Apr 2019

SANTIAGO, April 9 Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.

Copper producers gather; electric cars seen driving demand growth

08 Apr 2019

SANTIAGO Global copper producers are converging in Chile this week as tightening supply buoys prices, even as the industry grapples with declining ore quality, project delays and worries the U.S-China trade war may hit long-term demand.

Exclusive: United States sets sights on China in new electric vehicle push

05 Apr 2019

U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.

China's Ganfeng boosts stake in Argentina lithium project

01 Apr 2019

April 1 China's Ganfeng Lithium Co said on Monday it would spend $160 million to boost its ownership stake in an Argentina lithium project with Lithium Americas Corp, part of a plan to solidify its access to the white metal used to make electric vehicle batteries.

Advantage Lithium replaces CEO in wake of college admissions scandal

15 Mar 2019

Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.

Advantage Lithium replaces CEO in wake of college admissions scandal

15 Mar 2019

Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.

World News

Sri Lankan police hunt 140 people after Easter bombings

Sri Lankan police are trying to track down 140 people believed linked to Islamic State, which claimed responsibility for the Easter Sunday suicide bombings of churches and hotels that killed 253 people, President Maithripala Sirisena said on Friday.