August 3, 2023

Craze for anything EV sends steelmaker on $18 billion ride

The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.

August 3, 2023

Tin price rises on confirmation of mining ban in Myanmar

The Wa region is estimated to have accounted for over 70% of Myanmar's tin production in 2022.

August 3, 2023

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM

The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment.

August 3, 2023

Global copper smelting ticked higher in July, but China slid

Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity.

August 3, 2023

Myanmar tin ban in Wa region may cut China’s smelter output in H2

China sources over half of its import needs in tin concentrate from Myanmar.

August 3, 2023

Canadian deep-sea miner TMC to seek licence in 2024

The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025.

August 2, 2023

Almonty advances Sangdong tungsten mine in South Korea

Engineering and civil works are advancing and detailed plans for the crusher and stockpile were completed.

August 2, 2023

Nornickel makes Asia pivot as metals price drop hits H1 profits

Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.

August 2, 2023

World battles to loosen China’s grip on vital rare earths for clean energy transition

Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas.

August 2, 2023

India passes law allowing auction and mining of lithium reserves

Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium.