China’s 2025 iron ore imports set to hit new high even as steel demand dwindles
UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario.
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LME nickel hits four-year low as 2025 opens with eyes on China
Prices for nickel, used in stainless steel and batteries, dropped towards $15,000 a ton on the London Metal Exchange.
Manganese X secures $1.4m investment from Sprott
Manganese X said it will use the proceeds to advance the Battery Hill project in New Brunswick.
Cameco suspends uranium production at Inkai JV in Kazakhstan over bureaucratic holdup
The in-situ recovery JV with Kazatomprom didn’t get an extension to submit its project paperwork.
Gates, Bezos-backed KoBold Metals raises $537 million in race for critical minerals
The funding round valued KoBold at $2.96 billion.
Oman makes first copper export in 30 years
Approximately 900 tonnes of copper concentrates were shipped from the Lasail mine in Sohar.
ACG to raise $200m in bonds to finance Turkey copper mine
The funds will be used to transition the Gediktepe mine to copper and zinc concentrate production from gold and silver.
Copper price holds near 9-month low as 2025 opens with eyes on China
Chinese President Xi Jinping acknowledged new challenges from the external environment in a speech on Tuesday
Brazilian miner boosts rare earths output in challenge to China’s grip
Serra Verde started commercially producing concentrate in Brazil’s Goias state about a year ago.
