March 21, 2024

India’s Jindal takes on operations at Venezuela’s largest iron ore mill

Jindal aims to export 600,000 metric tons of the raw material per month by the end of the year.

March 21, 2024

China’s imports of Russian coal slump as import taxes bite

Russia is still China’s No. 2 supplier after Indonesia, but the threat of trade actions could start to affect its eastward flows.

March 20, 2024

India’s mineral production grows nearly 6% in January

The country produced over 99.8 million tonnes of coal in the period on the back of rising power demand.

March 19, 2024

Sigma Lithium receives letter of arbitration from LG Energy Solution

LG Energy alleges that Sigma is in breach of certain provisions in connection to a lithium supply agreement entered in 2021.

March 19, 2024

Alleged $600 million nickel fraudster can’t pay his bills

Prateek Gupta was last year accused by commodities giant Trafigura Group of orchestrating a massive fraud against it.

March 19, 2024

MineHub expands partnership with Sumitomo by adding refined copper trading

The Japanese trading house expects to integrate its refined copper business onto the MineHub platform starting with key customers in the Asian market.

March 19, 2024

Coal, oil, gas resources should remain in the ground to reach Paris Agreement goals – study

In a paper published in the journal Nature Communications, UB scientists present a global atlas of unburnable oil.

March 19, 2024

Indonesia issues nickel production quotas for 152.62mt

In 2023, Indonesia produced 193.5 million tonnes of nickel ore.

March 19, 2024

Indonesian tin miner Timah receives export permit of 30,000 tons for 2024

Earlier this week, tin prices surged to their highest in seven months.

March 18, 2024

Global commodity trading profits topped $100 billion for second-best year ever

While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.