October 24, 2018

Copper price drop prompts expansion rethink at top producer

Freeport-McMoRan CEO Richard Adkerson says reduced spending on large-scale projects will add to the impending supply gap on global copper markets.

October 24, 2018

Freeport CEO says miner not actively looking to sell itself soon

Any strategic move would be possible -- as long as it’s in the best interests of shareholders.

October 23, 2018

Dyson picks Singapore to build electric cars rivaling Tesla

From vacuum cleaners to electric vehicles.

October 23, 2018

POSCO posts highest quarterly profit since 2011 on strong steel prices

POSCO's revenue in Q3 rose 9.1% from a year earlier to 16.4 trillion won, beating the analysts' estimate of 16 trillion won.

October 23, 2018

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the…

October 22, 2018

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

October 21, 2018

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

October 21, 2018

Chinese rescuers race to save workers trapped in mine accident -Xinhua

A rock burst at around 11 p.m. on Saturday destroyed part of a water drainage tunnel in a coal mine.

October 19, 2018

Asia Gold-India festival demand dims as price rally bites

Gold demand in this years Dusherra falls by 40% in some pockets.

October 19, 2018

Flow of LME nickel to hidden storage dents bull story

465,000 tonnes of nickel play 'hide and seek'