September 12, 2023

Singapore iron ore hits over 5-month high as China loan data lifts sentiment

The benchmark October iron ore on the Singapore Exchange climbed 1.19% to $118.75 a metric ton.

September 12, 2023

Barrick to double copper output to 1 billion lb. by 2031

CEO Mark Bristow said the copper increase plus its gold production was to boost total production to 6.8 million gold equivalent oz. by that date.

September 11, 2023

Malaysia to ban export of rare earths to boost domestic industry

China recently announced curbs of some critical metals used in the semiconductor industry.

September 10, 2023

US lags behind China, India, EU when it comes to battery recycling – report

The US still needs to deploy the necessary infrastructure to match the recycling pace of those regions, a recent report by IDTechEx shows.

September 10, 2023

US, Saudi Arabia in talks to secure metals in Africa – WSJ

A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production.

September 9, 2023

India forges global biofuel alliance in push toward net-zero aim

Biofuel adoption is aimed at reducing emissions in the transportation and industrial sectors.

September 7, 2023

Indonesia proposes critical minerals trade deal with US

The request was made when Indonesian President Joko Widodo met with US Vice President Kamala Harris this week.

September 7, 2023

Saudi Arabia’s crown prince looks to metals as new source of wealth

Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in the country.

September 7, 2023

Vedanta to meet investors as it faces $2 billion debt bill

Representatives of the company are traveling to Singapore and Hong Kong to meet bondholders.

September 7, 2023

Vale Base Metals to invest $10 billion in Indonesia over next decade

Vale is exploring a copper mine, comparable to massive Grasberg site.