March 13, 2023

India to auction newly found lithium reserve

The block in the northern federal territory of Jammu and Kashmir is the first known lithium reserve in the country.

March 13, 2023

Rio Tinto starts underground production at Oyu Tolgoi

It is expected to become the fourth-largest copper mine in the world by 2030.

March 12, 2023

Indian govt may put Hindustan Zinc share sale plan on hold

The government is the largest minority shareholder in HZL.

March 10, 2023

Singapore’s central bank boosted gold reserves 30% in January

Central banks worldwide have been building holdings of bullion as the dollar’s strength has waned in recent months.

March 10, 2023

Saudi Arabia and Iran ease Mideast rift that rattled oil

Countries will restore diplomatic ties, easing a geopolitical rivalry in the Persian Gulf that has unnerved oil markets.  

March 8, 2023

China copper exports to jump in rare deliveries to LME depots

At least four major smelters are planning to deliver between 23,000 and 45,000 tons of refined copper in total to LME depots in Asia.

March 8, 2023

Sanjeev Gupta takes on father’s group in metals empire reshuffle

Ownership of the Simec Group will be transferred to his son from Parduman Gupta as he retires near the age of 80.

March 7, 2023

Lynas gets $134 million funding from Japan to boost output

Under the new deal, Japan will receive priority supply rights over Lynas's growth capacity until 2038.

March 6, 2023

Cobalt market saw record-breaking supply boom in 2022

Mined cobalt supply grew by 23% to 187,060 tons in 2022, in a supply swell that wiped out a large deficit seen in 2021.

March 6, 2023

Iron ore slides after China seeks advice on rising prices

"Some market participants with long positions liquidated their positions today to lock profits," analyst says.