December 20, 2024

Lure of Anglo’s copper mines could test BHP’s spending resolve

BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.

December 19, 2024

Mercuria partners with Zambia on metals trading venture

The joint venture will buy and sell copper domestically and for export, and over time will take responsibility for trading Zambia’s share of copper output from mines.

December 19, 2024

China’s niche metals export ban lifts prospects for Canadian firms

Canadian companies dabbling in these minerals include Teck Resources, Neo Performance Materials and Northern Graphite.

December 19, 2024

Column: Where will Trump and China drive commodities in 2025?

With no predictable mold for how this will work, the only certainties will likely be volatility and numerous factors working in opposing directions.

December 19, 2024

A glut of coal in China is set to push falling prices even lower

China’s booming coal production is running well ahead of demand at the onset of winter.

December 19, 2024

Activist Palliser pushes Rio Tinto to review dual listing

Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value.

December 18, 2024

Nippon Steel, Sojitz to take 49% stake in Champion Iron’s project in Canada

The Kami project will also receive up to A$490 million in contributions from Nippon and Sojitz.

December 18, 2024

PetroChina to start metals trading, eyeing energy transition

In addition to lithium and copper, the new PetroChina unit may also look to trade nickel.

December 18, 2024

Gold price extends loss as Fed cuts rates, signals less easing

New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.

December 18, 2024

Coal demand to keep hitting records through 2027, IEA says

The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels.