February 9, 2025

Nippon Steel considering ‘bold’ revision to US Steel buyout, government spokesperson says

Japanese Prime Minister Shigeru Ishiba said on Sunday that there are legal questions regarding the distinction between acquisition and investment.

February 9, 2025

Trump to announce 25% steel and aluminum tariffs in latest trade escalation

The US President said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately.

February 8, 2025

Trump says Nippon Steel eyes US Steel investment, not purchase

His comments add to investor concern that the merger agreement is effectively over.

February 7, 2025

Indonesia trade ministry supports extending Freeport’s copper export permit

Resource-rich country has banned exports of copper concentrate.

February 6, 2025

Trump meets US Steel CEO to discuss its long sought tie up with Japan

Nippon Steel said on Thursday that its bid fits with Trump's goal of a stronger US as the leaders of the two allies prepared to meet.

February 6, 2025

Mongolia seeks to boost coal exports to China with new rail link

Mongolia was China’s fourth-largest supplier of foreign coal last year, and provided 60% of coking coal imports for the nation’s massive steel mills.

February 6, 2025

Barrick says global gold reserves rose 23% last year

Reserves jumped after a new assessment of Pakistan’s giant Reko Diq project.

February 6, 2025

Philippine lawmakers to approve bill to ban ore exports

The Philippines is the world’s second-largest nickel ore supplier with bulk of its shipments going to top market China.

February 6, 2025

Vedanta aims to raise $1 billion via debt to fund Zambian copper mines

The Indian company is trying to raise money to fund development of its Konkola Copper Mines.

February 6, 2025

US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close

Nippon Steel's bid for US Steel was blocked last month by then-US President Joe Biden.