China’s rare earth exports drop as trade war crimps supply
Overseas sales fell 16% in April from March to 4,785 tonnes.
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President Doumbouya instructed his government to withdraw permits from mining companies that don’t respect their legal commitments to the country.
Nippon Steel expects profit to drop 43% this year, US Steel decision by early June
Nippon Steel's $15 billion bid for U.S. Steel, rejected by President Joe Biden, is under review.
China launches campaign to crack down on strategic minerals smuggling
The campaign urges government departments to target typical evasion methods such as false reporting, concealment, and smuggling.
Cost of Sibanye lithium project in Finland rises 17% to $880M
The revised figure covers the development of the Keliber project through to hot commissioning of the refinery.
China’s copper concentrate imports at record high as more smelters prepare to open
Copper inventories on the Shanghai Futures Exchange are expected to fall again this week, according to traders, with the swift drawdown likely to lift prices and increase the incentive for traders to send copper back to China.
US Critical Materials reports highest-grade neodymium deposit in the US
The discovery could help the US reduce its reliance on China for rare earth elements.
BHP-backed SolGold turns to speedier mine plan to woo investors
The company’s Cascabel project has long been heralded for its potential of being a major copper-gold mine.
Iron ore price falls as China steel body says output curbs underway
China announced in March it would push the steel industry to limit output.
