October 9, 2024

Rio arrives in lithium with a survival-of-the-fittest mentality

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.

October 9, 2024

Sitka shares rise on visible gold hits at Rhosgobel in Yukon

Rhosgobel is located about 5 kilometers south of the Blackjack deposit within the RC Gold project in Canada's Yukon Territory.

October 9, 2024

Metal trader hiring frenzy sends bonuses soaring

The rush for metals traders has pushed compensation levels higher across the industry, according to several trading house CEOs.

October 9, 2024

Iron ore price spikes briefly as China plans fresh fiscal briefing

The steelmaking staple spiked more than 3%, before giving up most of that gain.

October 9, 2024

Column: Zinc facing supply deficit as mine output falls again

A previously anticipated supply surplus of 56,000 tonnes has been updated to a 164,000-tonnes supply deficit.

October 9, 2024

Ranking the world’s top lithium producers

Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers.

October 9, 2024

Sumitomo Metal forecasts widening global nickel supply surplus in 2025

According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.

October 9, 2024

Rio pays premium multiple for Arcadium in biggest deal since 2007

“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what…

October 9, 2024

Festive hopes fade for India’s gold industry after price surge

A rebound in gold prices to a record peak has dashed the Indian bullion industry's expectations of a lucrative festival season after their hopes were boosted by a deep cut…

October 8, 2024

Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.