Next Rio Tinto boss expected to entertain big deals, cut costs
A new CEO will have to walk a fine line between cost discipline and repositioning the miner for a potentially dramatic shift towards copper.
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Canadian mining magnate seeks US projects as Trump deregulates
Frank Giustra’s search for his next mining investments isn’t limited to the US, with only a handful of countries ruled out.
Trafigura prepays $200 million to snap up Ivanhoe’s Congo copper
The world’s biggest copper trader will take 20% of the Congo smelter’s anodes for three years.
Column: London Metal Exchange reaps the rewards of tariff turmoil
The London Metal Exchange has recorded its highest quarterly volumes since 2014.
Glencore to sell Philippine copper smelter to Villar family
The asset, the Philippine Associated Smelting and Refining (Pasar), has long served as a key logistics hub for Glencore.
Banks channeled $385 billion into coal industry since COP26
In a 2021 climate summit, nearly 200 governments agreed to phase down coal, and major banks pledged to decarbonize.
How China tightened its grip over its rare earth sector
Through consolidation and quotas, Beijing has turned a once-unruly sector, responsible for 90% of rare earth processing capacity, into a powerful source of diplomatic leverage.
Aura Minerals seeks $210 million in US listing
The market value of Coconut Grove, Florida-based Aura has more than doubled this year.
Chile’s biggest copper windfall in years signals higher output
The country that accounts for about a quarter of the world’s mined copper shipped $4.7 billion worth of the metal last month.