Iron ore price slides as Chinese president stresses zero-covid stance
The environment is still not optimistic and the industry faces a “severe market situation”, the China Iron & Steel Association warned.
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Copper price down as demand uncertainty offsets supply woes
Chinese President Xi Jinping reiterated the country's covid-19 stance during his speech at the Communist Party Congress on Sunday.
Gold price rebounds as dollar, yields pull back
Gold prices have fallen 20% since scaling above the key $2,000 per-ounce level in March.
Divisive startup kingpin doubles down on EVs to undercut Musk
India's EV market is expected to reach more than $150 billion by the end of the decade.
Posco’s bold battery materials push dimmed by new US energy bill
By 2030, the Seoul-based steel giant forecasts it will have a production capacity of around 605,000 tons for cathode-active materials.
Miners’ losses mount as ports strike drags on in South Africa
Negotiations to reach a pay deal have been unsuccessful, even after the government and an arbitration body joined the discussions between Transnet and its biggest labor unions.
Aluminum price drops on jump in LME stocks and Russian metal
Metal industry sources say there is concern that Rusal will be unable to sell its metal and will deliver it into the LME system.
Barrick closer to building $7bn copper project in Pakistan
All the documents needed to start building are approved by president Arif Alvi and filed with the supreme court.
Zambia restricts number of mining licences per company to five
"We have had a lot of licences being used for speculative purposes and we want to curtail that," Zambia's mines minister Paul Kabuswe.
