Over-optimism among China steelmakers behind iron ore’s price plunge
Iron ore lost almost a quarter of its value in a dizzying eight-day plunge through Monday.
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Cobalt gets cheaper as China’s buyers suffer from battery slump
The benchmark price for cobalt in Europe has slid more than 13% since a peak in May.
China shows it’s serious about enforcing coal price controls
China’s top planning agency has demonstrated its intent to keep coal prices in check.
BHP, Vale reject Brazil steelmaker CSN’s interest, say miner Samarco is not for sale
Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco.
Tesla lithium supplier targets first shipment by year-end
Australia’s Core Lithium is expected to supply Tesla with up to 110,000 tonnes of spodumene concentrate over four years.
Martian moon could be crucial for asteroid mining
Researchers at the Harvard-Smithsonian Center for Astrophysics have shown that mining the Main Belt of asteroids that orbit between Mars and Jupiter could be done profitably.
Glencore unit pleads guilty to bribery in Africa
Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries.
Civil society group flays diamond watchdog over Russia stalemate
The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is partly state-owned.
Surging energy prices force Japanese steel giant to revisit coal
Nippon Steel currently has minority stakes in six coking coal assets, mostly in Australia.
