Trump pressure fuels Latin America’s critical minerals push
IDB president Ilan Goldfajn said Latin America aims to refine lithium, copper and other minerals instead of exporting raw materials to Asia.
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US firms are snapping up the rare earths Europe needs to rearm
European defense companies are trying to buy rare earths directly, without coordinating with suppliers, and with little government support.
Navoi Mining receives S&P credit rating upgrade
The upgrade reflects "the company’s solid financial position and the resilience of its operational performance," the firm said.
Citigroup faces $5 million bill to transport its lead from Singapore
Citi had cancelled or earmarked for delivery nearly 112,000 metric tons of lead in LME-approved warehouses in Singapore, Reuters sources said.
UK has no immediate plans for critical minerals price floor, minister says
So far Britain is attracting adequate investment in the critical minerals sector to develop home-grown supply, Industry Minister Chris McDonald said.
Ascot launches $107M placement, restructures debt
Proceeds of the offering, Ascot said, will be used to further develop its mining projects in British Columbia.
Torex finds new high-grade gold zones near Media Luna
Commercial production at Media Luna began in the spring.
Vale, Glencore explore Canada JV in bid to boost copper exposure
The proposed collaboration is to jointly develop a $1.6-$2 billion project at their neighbouring properties in the Sudbury basin.
Vale expects iron ore output to rise by up to 3% in 2026
Company forecast its iron ore output to range between 335 million and 345 million metric tons next year.