April 1, 2024

Indonesian coal miner Harum Energy buys stake in nickel plant

The miner acquired 51% of PT Blue Sparking Energy by converting part of a loan to the company into equity.

April 1, 2024

Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte

Meanwhile, it is still awaiting a new special mining permit for its operations beyond 2025.

April 1, 2024

Mitsubishi Materials sees H1 copper output up 1.8% y/y

The Japanese copper smelter said it planned to produce 224,094 tonnes of refined copper in the first half.

April 1, 2024

Mitsui Mining sees H1 zinc output rising 0.9% y/y

The Japanese company plans to produce 104,600 tonnes of refined zinc in the first half.

March 31, 2024

Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal

The Japanese firm has agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle for approval in a US election year.

March 29, 2024

CHARTS: Copper price bulls bring back $10,000 forecasts

While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.

March 28, 2024

Adani kicks off $1.2 billion Indian copper smelter

The plant will be the world’s largest single-location custom smelter for the industrial metal.

March 28, 2024

India to send teams to Chile seeking lithium and copper assets

India will send two delegations next month to Chile to scout for lithium and copper resources.

March 28, 2024

Mitsui invests in Atlas Lithium with offtake deal from Brazil mine

The deal by the Japanese trading house follows a similar one unveiled by rival Mitsubishi Corp.

March 28, 2024

Freeport warns copper export ban could cost Indonesia $2bn in lost revenue

Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities.