November 7, 2024

MP Materials posts smaller-than-expected loss on higher output, sales

The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period.

November 7, 2024

Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices

The company posted third-quarter net income of $16.1 million, compared to $87.4 million in the year-ago quarter.

November 7, 2024

Gold ETF demand turns positive for year-to-date, says WGC

Demand was supported by North American and Asian flows, the World Gold Council says.

November 7, 2024

Aldebaran soars to new high as it teams up with Rio Tinto venture on Altar project

Nuton, Rio Tinto's leaching technology venture, can earn 20% of the project by making staged payments totalling $250 million.

November 7, 2024

Gold Fields, AngloGold JV in Ghana hits roadblock

Without the required approvals and a clear timeline from Ghana, the parties will focus on improvements to their respective assets for now.

November 6, 2024

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.

November 6, 2024

Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m

CSN Mineracao is the leading iron ore producer and distributor in Brazil.

November 6, 2024

Albemarle loses more than $1 billion on falling lithium prices

The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China.

November 6, 2024

Metals sell off after Trump win while oil recoups some losses

Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday.

November 6, 2024

Copper price sees biggest drop since May as Trump win boosts dollar

Traders are also bracing for a potential knock to demand if Trump follows through with pledges to deepen the US-China trade war.