August 30, 2023 Hyundai to invest $400 million for stake in Korea Zinc Hyundai plans to buy 50% of nickel it needs for EV batteries through the partnership by 2031 to comply with President Joe Biden’s Inflation Reduction Act.
August 30, 2023 Zijin Mining slows M&A on valuations, geopolitical risks The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking."
August 30, 2023 Harmony Gold returns to profit as output rises The company said profit in the 12 months through to June rebounded to $275 million from a net loss of $48 million in the prior period.
August 30, 2023 Codelco woes mount with potential rating cut by Moody’s Moody’s Investors Service potential downgrade adds to Codelco's worries, including rising debt, declining ore grades and inflation.
August 30, 2023 BHP mulls taking Escondida underground BHP is studying ways to offset an expected drop in copper grades in Chile, including a new concentrator and taking Escondida underground.
August 29, 2023 Vale considers taking steel decarbonization model to US, Brazil Under the proposal, Vale would build briquetting plants that would feed third-party direct reduction facilities on the same site.
August 29, 2023 Mosaic CEO James O’Rourke to step down at year-end Bruce Bodine, Mosaic's senior vice president of North America, would take charge as the new CEO in January.
August 29, 2023 Chinese steel demand declining less than data suggests, says Vale executive Vale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient.
August 29, 2023 Private credit funds mull jumbo loan for Australian coal mines The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.
August 29, 2023 Polyus H1 adjusted net profit jumps 33% y/y Physical sales volume rose 24%, while gold output jumped 36% to 1.45 million ounces.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
