Trump’s proposed auto tariffs seen hitting demand for platinum group metals The auto sector accounts for nearly 40% of platinum demand and 80% of palladium offtake globally. Reuters | February 28, 2025 | 8:09 am
Alrosa reports full-year profit slump of 77.3% Diamond reserves for the year rose to 129.9 billion roubles, Alrosa said, up from 84.3 billion roubles at the end of 2023. Reuters | February 28, 2025 | 8:04 am
China’s Chifeng Jilong Gold seeks up to $419M in Hong Kong listing Two cornerstone investors, Zhaojin Mining and Zijin Mining, have subscribed for about $96 million worth of shares. Reuters | February 28, 2025 | 7:59 am
SQM expands into Africa with Namibian lithium deal The deal is SQM’s first partnership in Africa and is expected to speed up project development, located 35 km from Andrada’s Uis tin mine. Staff Writer | February 28, 2025 | 4:05 am
China keeps unprecedented hold on metals with mining push abroad China increased overseas mining investments last year, boosting its control over the metals supply chain amid global reliance concerns. Bloomberg News | February 28, 2025 | 3:48 am
Rio Tinto buyout target Arcadium posts loss on falling lithium prices Rio Tinto plans to create a standalone lithium division after it completes the $6.7 billion acquisition. Reuters | February 27, 2025 | 2:10 pm
Trump’s ‘very big’ minerals deal may pay off with US Republicans Analysts said a successful agreement increased the chances that members of the party would be willing to approve more aid for Ukraine. Reuters | February 27, 2025 | 1:35 pm
Ecora inks $50M streaming deal for Zambian copper mine "The acquisition will cement copper at the core of our commodity exposure," Ecora's CEO said. Staff Writer | February 27, 2025 | 11:52 am
Panama’s ‘novel ideas’ comments offer hope for giant copper mine Speaking to reporters in Panama City Thursday, Jose Raul Mulino said he will visit towns near the mine that have been affected by its closure. Bloomberg News | February 27, 2025 | 11:00 am