Nucor forecasts second-quarter profit above estimates on firmer prices, volumes
The company posted a profit of $3.23 per share in its first quarter, up from 67 cents per share a year earlier.
Latest Stories
LME issues notice on warranting of Russian-origin copper, cobalt in EU
The EU's 20th package of sanctions against Russia included a ban on imports of Russian metals.
Guardian Metal increases property, water rights for Nevada tungsten project
Lincoln acquisition includes 841 acres of real property as well as 2,540 acre-feet of annual water rights across three permits.
Brazilian Nickel seeks anchor investor for $1.4 billion mine
The developer of the Piauí Nickel Project is using Rothschild & Co. as an adviser for global debt and equity financing.
Kenya, US close in on critical minerals deal
"We have agreed that the minerals will be processed in Kenya," President William Ruto said.
Antofagasta seeks to link ore sales to spot market
The proposal was delivered recently to at least two Chinese smelters as part of talks for concentrate shipments.
Allseas deep-sea mining contract violates UN law, says Greenpeace-backed analysis
The legal opinion also states that the Dutch government "is legally bound to intervene."
China could retaliate against threats to critical metal security: analysts
China’s new Mineral Resources Law, which took effect this week, could give the Asian giant a formal legal basis to fight against foreign restrictions.
BHP to sell $1.5B Chile power lines in copper-first pivot
The transaction would include the transmission lines that feed power to its Escondida, Spence and Cerro Colorado mines.