Trump sets stage to sell ocean mining rights off American Samoa
The move follows a request for a lease sale from a company the Interior Department identified as US-based Impossible Metals.
Latest Stories
Argentina approves $2.5B Rio Tinto lithium mining project
Rincon becomes the first mining project under Argentina's new investment incentive regime.
Cyclic Materials, Lime partner to recycle electric motors from US, Canadian micromobility fleet
The agreement marks the first at-scale recycling initiative focused on rare earth magnets in North America in the micromobility sector.
Nippon Steel still committed to full US Steel takeover, says executive
The steelmakers face a May 21 deadline for the completion of a renewed national security review.
LME WEEK: Trump’s copper tariff threat still a lucrative bet for traders
The premium for copper on COMEX has fallen to $600 a ton, a level traders say is still high enough to make a lucrative profit.
Copper price falls as traders weigh US-China tariff truce
Traders are also closely monitoring potential new US import tariffs on copper.
China gold imports surge to 11-month high despite record prices
The rise in imports is likely due to the People’s Bank of China allocating fresh quotas to some commercial banks in April.
Indonesian coal shipments to China slide amid new benchmark push
Domestic prices are at four-year lows, cutting into profit for imported coal.
US battery maker Clarios to build $1B critical minerals plant
Clarios is owned by global investment firm Brookfield and has 16 manufacturing and distribution centers across the US.
