Rare earth startups eye slice of $1 billion bounty from Brazil
State-owned entities have spent weeks sifting through 124 pitches for initiatives totaling $15 billion, including many by firms seeking to churn out rare earths.
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China coal imports could drop by up to 100Mt in 2025, industry group says
Coal imports were 8% lower in the five months to the end of May, official data showed.
Lower-grade Australian iron ore sparks global benchmark change
Platts, part of S&P Global Commodity Insights, has proposed to revise down the specification for its benchmark index to 61% iron content from 62%.
Gold rises on bets of Fed interest rate cuts; platinum surges
Bullion rose 0.3% while platinum extended this year’s surge to more than 40%.
Perseus forecasts 2.7 million oz. gold production over five years
The Australian miner is forecasting annual gold production of 515,000-535,000 oz. at an all-in sustaining cost of $1,400-$1,500/oz. over five years.
From boom to bust: battery metal prices tumble as supply floods market
Despite rising EV sales, the market fundamentals for lithium, cobalt, nickel, manganese, graphite and recycled materials worsen.
British Columbia must deliver on its mining potential: PwC
Revenue from BC mining operations fell to C$13.9 billion in 2024 from C$15.8 billion in 2023, PwC's latest report shows.
Gold surpasses euro as second-largest reserve asset: European Central Bank
Bullion made up about 20% of the global official reserves at the end of 2024, surpassing the euro's 16%, the ECB says in its annual report.
Cyclic Materials to open $25M rare earths plant in Canada
The facility in Kingston, Ontario, will mark the startup's first commercial-scale processing and research centre unit.
