BHP targets $5B Escondida upgrade to fight grade decline
The new concentrator aims to counter lower grades and secure long-term copper production amid rising global demand.
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Congo to approve Chemaf sale to US-backed Virtus
Approval of a high-stakes acquisition signals how a new US partnership aims to secure access to key battery metals.
Codelco output drop casts doubt on 2025 year-end spike
Insiders question the surge, what counts as refined copper, and what it means for Codelco’s 1.7-million-ton 2030 goal.
Lucara finds rare blue diamond at Botswana mine
The diamond, recovered from stockpiled ore, highlights Karowe’s value as Lucara advances underground expansion plans.
China’s aluminum industry draws raw material diverted by war
The upshot of the rerouting of trade flows is that total Chinese imports of alumina could climb to 280,000 tons in April.
Sangdong tungsten mine in South Korea returns to production after 30 years
At full capacity, Sangdong is expected to supply around 40% of the global tungsten demand outside China.
Rio Tinto gains control of Resolution Copper acreage after years-long court fight
The land swap came after a US appeals court last week again rejected requests to block it.
Gold price wavers as high energy prices threaten Fed rate path
Elevated crude prices from the US-Israel war with Iran have put the metal under pressure.
Nth Cycle inks $1B offtake deal with Trafigura
Nth Cycle said it plans to establish new operations in South Carolina and the Netherlands.