Xi’s giant iron ore trader is shaking up a $130 billion market
China Mineral Resources Group is transforming a market that has been a thorn in the side of Chinese leaders for 15 years.
Latest Stories
First Quantum takes small steps in long road to Panama mine restart
The Canadian company has begun preparations to ship out 120,000 metric tons of semi-processed copper.
Niger to nationalize Somair uranium venture operated by Orano
Orano holds a 63% stake in Somair, while Niger's state-owned Sopamin owns the remainder.
Electra Battery Materials begins build to restart North America’s only cobalt sulfate refinery
The early works initiative is partially supported by a $20 million award from the US Department of Defense.
Canada could slap more duties on US steel and aluminum, says Carney
Canada will soon adopt tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum.
India restricts import of gold infused metals
India has imposed curbs on imports of palladium, rhodium and iridium alloys containing more than 1% gold by weight.
Rio Tinto agrees on $139M settlement to end Mongolian copper mine lawsuit
The lawsuit, led by US hedge fund Pentwater Capital, alleged that the Australian miner had failed to accurately disclose the status of the underground expansion.
World’s most profitable nickel plants face cost challenge
The price of sulfur, a chemical used to produce acid, has more than tripled in price over the past year.
Titan Mining soars on $15.8M EXIM funding for zinc-graphite development
Titan is aiming to expand its 100%-owned Empire State Mines zinc operation in New York state.
