Nippon Steel expects profit to drop 43% this year, US Steel decision by early June
Nippon Steel's $15 billion bid for U.S. Steel, rejected by President Joe Biden, is under review.
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China launches campaign to crack down on strategic minerals smuggling
The campaign urges government departments to target typical evasion methods such as false reporting, concealment, and smuggling.
Cost of Sibanye lithium project in Finland rises 17% to $880M
The revised figure covers the development of the Keliber project through to hot commissioning of the refinery.
China’s copper concentrate imports at record high as more smelters prepare to open
Copper inventories on the Shanghai Futures Exchange are expected to fall again this week, according to traders, with the swift drawdown likely to lift prices and increase the incentive for traders to send copper back to China.
Copper output from Codelco climbs 15% in March
Meanwhile production at BHP's Escondida mine, the world's largest copper mine, leaped almost 19%.
MP Materials swings to quarterly loss on rising production costs
The results are the first since the Las Vegas-based company said last month it would stop shipping the critical minerals to China.
Ouster to supply lidar sensors for Komatsu’s suite of autonomous offerings
The companies have agreed to incorporate 3D digital lidar sensors into mining equipment to advance autonomous solutions.
American Rare Earths sampling returns high grades from Wyoming project
A total of 15 samples exceeded the 4,500 ppm level, with one standout sample returning a TREO grade of 13,651 ppm.
Group Eleven assays highlight Ballywire’s critical minerals role
One highlight intercept in hole 25-3552-31 returned up to 1,880 grams silver per tonne and 10.45% copper.
