July 17, 2025

S&P downgrades Nippon Steel to ‘BBB’ on debt strain from US Steel deal

The downgrade reflects concerns over Nippon Steel's financial position, which S&P expects to remain weak over the next one to two years.

July 16, 2025

Alcoa says Trump’s tariffs added $115 million in aluminum costs

The company redirected Canadian-produced aluminum to customers outside the US to mitigate additional tariff costs.

July 16, 2025

Vedanta’s Zambia copper unit will revamp smelter to boost output

The company had pledged to invest more than $1.2 billion over five years to upgrade the Konkola operations and pay creditors.

July 16, 2025

AngloGold buys Augusta Gold in Nevada push

The all-cash deal is worth about C$152 million ($111 million).

July 16, 2025

Newmont nets $470M from selling Greatland, Discovery Silver stakes

Newmont said that with the share sales, it now expects to generate $3 billion in after-tax cash proceeds from its divestiture program in 2025.

July 16, 2025

Rinehart urges Rio Tinto to shift main office to Australia

She also took a swipe at Rio's Simandou project, dubbed the "Pilbara killer," for its potential to rival the region as the top iron ore hub.

July 16, 2025

Rio says Trump tariffs added $300 million in aluminum costs

The miner is Canada’s largest aluminum producer and sells the vast bulk of the metal in the US.

July 16, 2025

BHP says Australian green iron too costly despite joint China deal

Fortescue is set to produce green iron from a pilot plant this year.

July 16, 2025

Antofagasta’s copper production up 11% in strong first half

The Chilean miner, the largest copper producer after Codelco, generated 314,900 tonnes of copper in H1 2025, up from 284,700 in H1 2024.

July 15, 2025

Indigenous groups ask Chile court to pause community review of Codelco-SQM lithium deal

The process is one of the final conditions for a deal to go into effect in which state-run Codelco will take a majority stake in SQM's lithium mining operations.