Lynas Rare Earths to raise $488 million after China shock The company — backed by Australia’s richest person, Gina Rinehart — will use the funds to streamline existing operations. Bloomberg News | August 28, 2025 | 3:41 pm
Tariffs turn Rio Tinto into aluminum buyer in US market Rio has bought at least 50,000 tons of aluminum from the US spot market since June, according to Bloomberg. Bloomberg News | August 28, 2025 | 11:33 am
Vale, Brazil fail to reach deal for railway concessions renegotiation Vale said the contracts for the Carajas and Vitoria-a-Minas railway concessions, which in 2020 had been extended until 2057, remain in effect. Reuters | August 28, 2025 | 10:33 am
Sweden to scrap uranium mining ban with nuclear buildout looming The change is due to take place from Jan. 1 next year. Bloomberg News | August 28, 2025 | 10:30 am
Nippon Steel bets on $11B investment, tech transfer to lift US Steel profit Plans include a new hot-rolling mill at US Steel's Mon Valley Works in Pennsylvania and the refurbishment of the No. 14 blast furnace at Gary Works in Indiana. Reuters | August 28, 2025 | 10:22 am
Valterra Platinum plans to start underground trial mining in late 2026 Mogalakwena in Limpopo province, north of Johannesburg, is the world's largest open-pit PGM mine. Reuters | August 28, 2025 | 10:09 am
Trinity Metals to supply tungsten concentrate from Rwanda to the US The US has not mined tungsten domestically since 2015. Staff Writer | August 28, 2025 | 10:09 am
Untapped lithium riches are in crosshairs of Bolivian candidate If he wins an Oct. 19 runoff, Jorge Quiroga plans to ensure competitive bidding processes and loosen state control. Bloomberg News | August 28, 2025 | 10:00 am
Codelco-SQM lithium deal to close before Boric’s 2026 exit, minister says Some presidential contenders have said they would review the deal or scrap it altogether. Reuters | August 28, 2025 | 9:24 am