Iron ore price soars to over one-week high on upbeat seasonal demand outlook
Steel demand is expected to return to growth in 2025, ANZ said.
Latest Stories
Sibanye to slash output to turn around US palladium mines
The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast.
Vale sees 10% of its iron ore production coming from tailings by 2030
Last year alone, Vale generated 48.5 million tons of iron ore tailings.
Barrick says feasibility for Lumwana copper mine expansion expected year-end
The expansion would result in a life-of-mine average annual production of 240,000 tonnes, compared with the current average of 120,000 tonnes.
South Africa’s platinum output back to pre-covid levels on job cuts
The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.
Atlantic Lithium secures environmental permit for Ghana mine
The permit serves as Ghana’s Environmental Protection Agency's approval for the company's proposed activities at the project.
China nickel tycoon seeks growth in US energy storage market
REPT BATTERO Energy, a unit of Tsingshan Holding Group, this week opened an office in California, marking its first US outpost.
Vale expects to close deal over Brazil dam collapse in October
Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais.
Codelco reaches early contract agreement with El Teniente unions
The deal encompasses nearly 3,150 workers and will start on Nov. 1.
