May 16, 2024

Tin prices may see further support from supply risks, rate cuts, analysts say

BMI analysts increased their 2024 tin price forecast, but predicted prices could ease to around $26,000 to $32,000 a ton in the coming months.

May 16, 2024

Global coal phase-out to cost between $200 billion, $2 trillion – study

Over $200 billion will be given as compensation to workers and local communities affected by coal phase-out programs globally.

May 15, 2024

Coal India, NMDC exploring lithium mines overseas

The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas.

May 15, 2024

Vale Indonesia granted mining permit extension to 2035

Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.

May 14, 2024

Korea Zinc sees US opportunities as it targets big copper growth

The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.

May 14, 2024

Indonesia adds nickel parks worth nearly $40 billion to strategic plan

The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries.

May 13, 2024

OceanaGold Philippines’ shares drop on market debut after IPO

The gold and copper miner's IPO was to comply with a regulatory requirement for its operations in northern Philippines.

May 10, 2024

Philippines eyes boost to nickel processing capacity

The Southeast Asian nation is looking to follow neighbouring Indonesia, which lured major investment in processing plants for its huge deposits.

May 10, 2024

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

May 9, 2024

BHP-Anglo American deal raises alarm in Japan’s steel industry

Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal.