Indonesia may slash nickel output to steady prices The Indonesian government is proposing a 34% reduction in production from this year’s total to 250 million tonnes next year. Blair McBride | December 17, 2025 | 8:20 am
Scotiabank plans to revive metals desk as prices soar The Canadian bank has hired recruiters to reach out to commodities traders, sales specialists and strategists to staff the unit. Bloomberg News | December 17, 2025 | 7:56 am
Korea Zinc’s plan to build US smelter would benefit South Korea, minister says Korea Zinc unveiled a plan to build a $7.4 billion critical minerals refinery in Tennessee that will be funded largely by Washington. Reuters | December 17, 2025 | 7:28 am
Gold and uranium boost Namibia’s tax revenue after diamond prices plunge Diamond income has traditionally boosted Namibia's state coffers, accounting for about 30% of export earnings. Reuters | December 17, 2025 | 7:21 am
Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax A royalty rate of 5% would continue to apply for gold prices between $1,200 and $5,000 per ounce, according to the revised budget bill. Reuters | December 17, 2025 | 7:13 am
Lithium prices surge in China after authorities announce plan to revoke mining licences Beijing said the licences had long expired—some over a decade ago—and most were for ceramic clay or limestone mining. Reuters | December 17, 2025 | 5:36 am
Coal demand hits fresh high as US output rises — IEA Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak. Cecilia Jamasmie | December 17, 2025 | 5:05 am
Copper’s next shortage is structural, not hype: analyst BloombergNEF sees copper deficits from 2026 as demand surges, supply lags and geopolitics reshapes global markets. Cecilia Jamasmie | December 17, 2025 | 3:45 am
Almonty starts Sangdong tungsten mine in South Korea Almonty bought the asset when the US stopped mining tungsten in 2015 and has been working to bring it back into production for a decade. Staff Writer | December 16, 2025 | 4:38 pm