January 10, 2024

Saudi Arabia earmarks $182 million for minerals exploration in mining push

The Gulf state has revised upwards estimates for its untapped mineral resources to $2.5 trillion.

January 9, 2024

Saudi Arabia ups mineral resource estimates to $2.5 trillion

About 10% of the increase in estimate comes from the addition of rare earths minerals.

January 9, 2024

Alcoa to cut Kwinana refinery production in phased-out shutdown

It will begin curtailment of the Western Australia refinery in the second quarter, and cease all output of alumina by the third.

January 8, 2024

Alcoa set to announce Kwinana refinery closure

The plant, one of Alcoa’s first three Western Australia alumina refineries, has been operating below nameplate capacity for the past year.

January 2, 2024

Vedanta faces investor reckoning over $3.2 billion of bonds

Bondholders have until Jan. 2 to give an early consent on a plan to push out due dates on $3.2 billion in bond repayments.

December 28, 2023

Biden extends EU steel, aluminum tariff exemption for 2 years

The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.

December 28, 2023

Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q

Some Japanese aluminium buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments from January to March, down 7% from…

December 27, 2023

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

December 27, 2023

Guinea Alumina Corp will let Guinea use its fuel berth after blast

Despite the December 18 accident, the Guinea Alumina Corporation doesn't expect interruptions to its mining, rail and export activities.

December 22, 2023

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.