Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March
The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned buyout of US Steel.
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Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says
Trump has talked of tariffs of as much as 10% on global imports as well as 60% on Chinese goods.
Glencore open to deals as investors brace for more mining M&A
Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down.
LME approves warehousing in Hong Kong, a gateway for metals to China
Hong Kong warehouses will be able to store all six of the main metals traded on the exchange.
South African police hunt gang leader of illegal mine where dozens died
A gang leader from Lesotho is believed to have controlled operations at the illegal gold mine in South Africa.
Barrick’s Reko Diq project to generate $74 billion over 37 years
The copper and gold mine, co-owned by Barrick, Pakistan and the province of Balochistan, is expected to begin production by 2029.
Australia iron ore hub resumes operations after cyclone threat
Port Hedland is the world's largest iron ore export hub.
IGO flags impairment on lithium hydroxide division
The miner cited a decline in value of its troubled Kwinana refinery, which is grappling with production delays and a lithium price slump.
Australian government pledges $1.24 billion in green aluminum push
The Australian government is targeting 82% of power supply to come from renewables by 2030.
