US bill supporting seafloor mining lifts The Metals Company
The Responsible Use of Seafloor Resources Act was introduced on Tuesday.
Latest Stories
Smallest Turkish gold imports since 2022 improve current account
Net bullion imports, which peaked at nearly $5 billion a year ago, declined for a fifth month to reach $936 million in January.
Copper price soars to 7-month high on China’s plans to cut output
China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing.
Aclara stock surges on major investment from Chilean conglomerate CAP
CAP is investing up to $80 million to support the development of the company's Penco module in Chile.
China’s copper smelters vow capacity controls after fees plunge
Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects.
China’s top copper smelters agree on rare joint production cuts
Copper price on the Shanghai Futures Exchange hit a 22-month high following the news.
Amid nickel glut, Indonesia’s next president vows to keep ‘downstreaming’ policy
The policy drew investments of billions of dollars from smelting firms, most of them Chinese, and boosted Indonesia's exports.
Wyloo says industry will turn from LME without green nickel
The LME said that low carbon nickel could already be traded on its partner MetalsHub's system.
Marubeni to invest in Hudbay’s exploration activities
The agreement would allow Hudbay to explore Flin Flon land package to potentially bring another mine into production.
