Lithium CEO pledges to forge ahead on project without US grant American Battery Technology lost more than one-third of its market value on Thursday after disclosing the termination of a government grant. Bloomberg News | October 16, 2025 | 12:56 pm
K92 Mining’s Kainantu expansion pours first gold The third-stage expansion targets producing about 300,000 oz. gold-equivalent per year. Henry Lazenby | October 16, 2025 | 12:35 pm
US cancels $500 million cobalt tender in critical minerals blow A fresh sign of the challenges facing Western countries trying to bolster domestic supplies of the battery metal. Bloomberg News | October 16, 2025 | 9:37 am
Brazil eyes financial guarantees, tax breaks for strategic minerals A meeting is scheduled to vote on a resolution creating a working group tasked with analyzing and proposing public policies. Reuters | October 16, 2025 | 9:29 am
Vale drops plan to build Quebec nickel sulphate facility GM and a partner paused the second phase of a cathode factory, leading to Vale's cancellation of a nickel sulphate project. Frédéric Tomesco | October 16, 2025 | 8:57 am
Gold smuggling surges in India as price spikes before festivals Gold smuggling into the world's second-largest buyer has decreased after the government cut import taxes from 15% to 6%. Reuters | October 16, 2025 | 7:49 am
Xi’s rare earth shock gives Trump a chance to win over US allies The tension comes as Xi and Trump prepare for their first sitdown in six years this month in South Korea. Bloomberg News | October 16, 2025 | 7:16 am
Gold price extends record on US-China tensions and Fed rate-cut bets Bullion has risen more than 5% so far this week and touched a peak above $4,243 an ounce. Bloomberg News | October 16, 2025 | 7:07 am
China’s scrambled weather and safety scrutiny tilt coal higher Shanxi and neighboring Shaanxi are two coal hubs already contending with floods that are likely to curtail supply in coming months. Bloomberg News | October 16, 2025 | 6:48 am