Anglo suffers setback as Peabody walks away from $3.8B coal deal
The deal collapsed after a fire at the Moranbah North mine in Queensland, which Peabody argued constituted a “material adverse change”.
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Glencore trader who led ill-fated battery recycling push to exit
Kunal Sinha is stepping down after unwinding the firm’s unsuccessful investment partnership with battery metals recycler Li-Cycle Holdings.
First Quantum commissions $1.25B Zambia copper expansion amid debt push
The S3 project includes a new processing plant that nearly doubles ore-milling capacity, expands smelter throughput and develops a new open pit.
US targets Chinese steel and lithium for forced-labor scrutiny
The measure is meant to help combat alleged repression of Uyghurs and other minorities in the province of Xinjiang.
China’s copper output falls from peak with overcapacity in focus
Refined copper output dropped to 1.27 million tons in July, down from 1.3 million tons the previous month.
Trafigura hires traders for deeper push into gold and silver
Although not the initial focus, Trafigura’s move could eventually see the trading house handle refined bullion bars.
KGHM second quarter profit falls on currency impact
The copper miner's second-quarter net profit came in at 249 million zlotys, compared to the 315 million zloty average forecast.
Hindustan Zinc to expand into uranium mining if government allows, CEO says
India may allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector.
US copper firms hike prices even after Trump tariff reprieve
Southwire Co., one of the largest makers of copper wire and cable, and Cerro Wire, owned by Berkshire Hathaway, in recent days announced price increases of 5%.
