January 8, 2025

Glencore loses senior aluminum traders to rivals Vitol, Mercuria

The moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition.

January 8, 2025

Codelco taps debt market to fund record copper mine investments

The Chilean state miner plans to raise about $1.5 billion to help fund investments needed to retain its status as the world’s biggest copper producer.

January 8, 2025

Fortescue partners with China Baowu to tackle steel industry decarbonization

Fortescue also aims to make all its iron ore products green by 2030.

January 8, 2025

Indian steel titan’s coal deal frozen amid Mozambique legal row

JSW Steel agreed in May to buy Minas de Revuboè, but the Mozambican government revoked the mine lease before a deal could be completed.

January 8, 2025

Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel

KNS halted its operations in March after Glencore decided to sell its 49% interest.

January 7, 2025

British Columbia’s EAB upholds $97k fine against Teck Coal for workplace injury

Teck Coal was found to have contravened the Health, Safety and Reclamation Code for Mines in the province.

January 7, 2025

Nickel Asia aims to sell processing plant stake to Sumitomo

The Philippine miner, partly owned by Sumitomo, aims to sell its entire 15.625% stake in Coral Bay Nickel.

January 7, 2025

Ivanhoe Electric-BHP exploration alliance kicks off first survey in Arizona

Initially, the parties will explore six areas of interest, with BHP funding $15 million over a three-year period.

January 7, 2025

Vale at lowest market value since 2016 – Citi

Vale's shares in Brazil fell by more than 23% in 2024.

January 7, 2025

Zijin plans lithium production in Congo from 2026

Zijin launched the project through a joint venture with the state-owned DRC company Cominiere in 2022.