Iron ore price gains as China pledges package of stimulus polices
A need for restocking as well as decreasing global iron ore shipments from Australia and Brazil also lifted prices.
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Gecamines to buy 100,000t of copper from Tenke Fungurume mine
The purchase represents 20% of TFM’s output, in line with Gecamines’ 20% shareholding.
Indonesia quota talk triggers nickel reality check
The uncertainty hasn’t stopped the market from moving.
Japan launches world’s first deep-sea rare earth mining test
Tokyo has begun a seabed mining trial near Minamitori Island as it seeks to cut reliance on Chinese rare earth supplies.
Australia fast-tracks critical minerals stockpile
Canberra will build a strategic minerals reserve using domestic supply to shore up defence, tech manufacturing and allied supply chains.
US to push for quicker action in reducing reliance on China for rare earths
Aside from Japan, G7 members remain heavily dependent on critical minerals from China, which has threatened to impose strict export controls.
Rio Tinto’s bid for Glencore piles pressure on BHP
If BHP keeps out of the current talks, it may consider another deal to retain its leadership.
SEC to drop long-running fraud case against ex-Rio Tinto CFO over African coal assets
SEC accused Guy Elliott and others of inflating the value of African coal assets the company acquired in a disastrous 2011 deal.
Column: Nickel gluts to zinc deficits — LME shadow stocks tell the story
While LME registered nickel stocks had been flat-lining since September, off-warrant inventory had been steadily accumulating in LME warehouses.