Nippon Steel, Sojitz to take 49% stake in Champion Iron’s project in Canada
The Kami project will also receive up to A$490 million in contributions from Nippon and Sojitz.
Latest Stories
Canada clears Paladin’s $789 million Fission Uranium takeover
The deal is expected to be completed by early January 2025.
South32 expects to start rebuilding at Mozambique project after post-election hit
Earlier this month, the company retracted its output prediction for the Mozal aluminum smelter in Mozambique.
US graphite miners ask Washington to impose 920% tariff on Chinese rivals
An existing tariff of 25% on most Chinese graphite is "far too low", the group representing US and Canadian graphite miners said.
Chile’s Enami eyes lithium license in boost to partner search
Altoandinos would be the first project to go through community consultation and permitting under President Gabriel Boric’s public-private approach.
PetroChina to start metals trading, eyeing energy transition
In addition to lithium and copper, the new PetroChina unit may also look to trade nickel.
Gold price extends loss as Fed cuts rates, signals less easing
New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.
Coal demand to keep hitting records through 2027, IEA says
The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels.
Glencore in talks to sell Philippine copper smelting unit
Due to its location, the business — Pasar — has long been a key trading asset for Glencore.
