Reuters

China plumbs ocean depths to extend its cobalt lead

China, the leading holder of international deep sea exploration licences, increases its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific.

Vale-BHP Brazil joint venture Samarco names mining exec as new CFO

Cavalcanti joins Samarco as it attempts to renegotiate billions of dollars in debt with creditors and restart operations after a tailing dam burst in 2015, killing 19 people.

Chinese copper smelters look to mine investment to secure supply

China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on pollution, exacerbating a heavy reliance on imports.

Iran hangs gold coin ‘sultan’ in crackdown after US curbs

Iran executed a gold dealer known as the “Sultan of Coins,” in a warning to merchants not to exploit the country’s financial troubles as U.S. sanctions squeeze the economy.

India's steel giants to focus on product mix, quality to take on ArcelorMittal

ArcelorMittal's entry into India comes at a time when Indian steel demand is growing at the fastest pace in the world.

VW to convert three German plants to build electric cars

Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.

Global cobalt glut won't be stemmed by Glencore Congo output stoppage

Disruptions to cobalt supplies in the DRC are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.

Chilean regulators reject Albemarle's plans to boost lithium output

The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air.

NZ gov't plans to re-enter doomed Pike River mine to recover remains

It is now our intention to get this job done, and find out why 29 men went to work on 19 November 2010, and never came home.

Brazil lawmakers slam Norsk Hydro, regulators for Alunorte leak

A congressional commission assembled to look into the incident blamed both the company and regulators, and called for civil and criminal investigations to continue.

Trump's steel tariffs create big profits but few new jobs

"The cost of everything made of steel, has gone through the roof this year."

India's Jindal Steel and Power posts Q2 profit on one-time gain

Total revenue from operations jumped 63% to 99.82 billion rupees, while revenue from its iron and steel segment surged 73 percent to 86.45 billion rupees.

Nyrstar plunges as analyst warns shares will get wiped out

Abandon ship!

JP Morgan's co-head of metals to leave around end of the year

Sid Tipples, joint head of JPMorgan's metals business, will leave the bank around the end of the year.

LafargeHolcim sells Indonesian business to Semen Indonesia

The assets sold consist of four cement plants, 33 ready-mix plants and two aggregate quarries.

Standard Lithium, Lanxess mull Arkansas lithium joint venture

The pair aim to eventually produce lithium on a mass scale from brine that is a byproduct of bromine production

ArcelorMittal needs one month to restore Kazakh output

Several gas pipelines had been damaged after a fire broke out at the plant.

Russia's Polymetal starts construction at new gold mine

The plan includes 19 years of open-pit mining in 2019-2037.

Chinese vessel collects cobalt samples in the Pacific – Xinhua

The vessel performed a 138-day survey in the west Pacific.

Brazil's Votorantim profit falls despite higher revenues

Meanwhile, Nexa Resources, a unit of Votorantim, has just approved a $392 million capital expenditure in a zinc mining project in the Brazilian state of Mato Grosso.

Sanjeev Gupta's Liberty gets financing for Dunkirk aluminium smelter

Rio Tinto and Liberty had announced a binding agreement on the sale of the Dunkirk site, Europe's largest aluminium smelter, in a deal expected to be worth $500 million, subject to final adjustments.

U.S. postpones sanctions deadline on Russian tycoon's firms

U.S. authorities had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2019.

Top copper miner's output slump adds to worry on metal shortfall

Codelco reported declines across all of its mines in September as ore grades fell an average of 5% in the first nine months of the year.

Australia lithium miner Altura says it has signed offtake deal with China's Ganfeng

The deal will see Altura supply Ganfeng with 8,000 tonnes of 6-percent spodumene concentrate this year and a minimum of 70,000 tonnes per year from 2019 to 2021.

Gold falls to 1-month low as hawkish Fed boosts dollar

U.S. gold futures fell over 1 percent to $1,212.20 per ounce.