POSCO plans $93 billion of investment by 2030
POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries.
Latest Stories
China to restrict exports of metals critical to chip production
Gallium and germanium, along with their chemical compounds, will be subject to export controls starting Aug. 1.
China jumps ahead in the rush to secure lithium from Africa
Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.
Gold price advances on weaker US economic cues
“Gold has probably found a home around $1,900,” said analyst.
The world’s appetite for solar panels is squeezing silver supply
Solar's share of total consumption is forecast to be 14% this year, up from around 5% in 2014.
China set to boost state cobalt reserves after tumble in prices
The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt.
Iron ore price slumps as China production cuts spark fears of demand drop
Market speculation about government intervention in the iron ore market last Friday weighed on sentiment as well.
NRW Holdings to design, construct Northern Star’s KCGM plant for $648m
Last month, Northern Star's board approved an expansion of the processing capacity at KCGM.
Develop Global to buy Essential Metals for $102 million
Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.
