April 2, 2024

Australia regulator extends approval deadline for SQM-Hancock’s $1.1bn bid for Azure

SQM and Australia's richest person Gina Rinehart's Hancock Prospecting, already Azure's two largest shareholders, teamed up in December to buy the lithium developer.

April 2, 2024

BHP and Mitsubishi close $4.1bn sale of Queensland coal mines  

BHP has been working towards making a transition to commodities and away from coal-related assets.

April 2, 2024

US Steel union rejects Nippon Steel’s appeal for takeover support

In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year.

April 2, 2024

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal.

April 2, 2024

Deutsche Bank says Glencore may weigh listing move to US

The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New…

April 2, 2024

Gold Fields begins gold production at new Chilean mine

The almost $1.2bn Salares Norte mine faced some unique challenges, including relocating a handful of endangered rodents, rocketing costs and technical delays.

April 1, 2024

Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte

Meanwhile, it is still awaiting a new special mining permit for its operations beyond 2025.

April 1, 2024

Top China lithium firms look past profit slump and vow expansion

Both Tianqi and Ganfeng said they’ll continue to acquire global reserves of the key battery material.

March 31, 2024

Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal

The Japanese firm has agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle for approval in a US election year.

March 30, 2024

Nornickel says some EU clients refuse to buy products made of Russian metal

Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.