December 4, 2024

Mitsubishi Corp loses $90 million in suspected China metal fraud

The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house.

December 4, 2024

China’s trade reprisals may extend to minerals like rare earths

China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US.

December 4, 2024

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.

December 4, 2024

Gold price inches up on political turmoil, US jobs data

Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later.

December 4, 2024

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.

December 3, 2024

Trump tariffs could reshape global copper landscape

Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products.

December 3, 2024

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

December 3, 2024

China bans export of gallium, germanium and antimony to the US

China accounted for 48% of the world’s mined antimony last year, alongside 59.2% of global refined germanium production and 98.8% of refined gallium output in 2023.

December 3, 2024

RG Gold said to consider stake sale to fund growth

RG Gold is developing one of the largest single-gold deposits in Kazakhstan.

December 3, 2024

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

Nippon Steel hopes to close the deal before Trump retakes the White House on January 20.