April 2, 2024 Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.
April 2, 2024 Hyundai Motor ends Indonesia aluminum deal after climate campaign by K-pop fans The South Korean automaker signed a memorandum of understanding with Adaro Minerals in 2022.
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.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am