February 4, 2025

Sumitomo raises annual profit forecast despite Ambatovy loss

Sumitomo has been struggling to stabilize production and improve profitability at the Ambatovy project, launched in 2005.

February 4, 2025

China hits back at US tariffs with mineral export curbs

Beijing's retaliation includes export curbs on tungsten, tellurium, bismuth, indium, and molybdenum, vital for defence and clean energy.

February 3, 2025

ICMM members contributed higher portion of profits to host nations in 2024

ICMM members contributed a total of $42 billion to their host countries in 2024.

February 3, 2025

Stardust Power inks long-term lithium supply deal with Sumitomo

The supply agreement has an initial term of 10 years, with annual delivery of 20,000 tonnes of lithium carbonate.

February 3, 2025

Indonesia’s 2024 coal output hits record high

Indonesia produced a record 836 million metric tons of coal in 2024, nearly 18% above its target of 710 million tons.

February 1, 2025

India scraps custom duties on waste and scrap of dozen critical minerals

India scrapped customs duty on waste and scrap of antimony, cobalt, tungsten and copper scrap, among others.

January 31, 2025

Indonesia says coal climate plan ‘certain’ to be scrapped by US

The US will exit the Just Energy Transition Partnership with Indonesia, says Indonesia’s special envoy for climate and energy.

January 31, 2025

Nippon Steel launches $456m bid to acquire Sanyo Special Steel

Nippon Steel's offer is a 37% premium over Sanyo Special Steel's closing price on Friday.

January 31, 2025

Traders load US-bound planes with gold and silver in tariff bet

Gold hit an all-time high this week, as traders looked for safe havens as the Trump administration’s tariffs loomed.

January 30, 2025

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2bn in metals, mining

Wealth fund will focus on mining companies in emerging markets in Africa, Asia and Latin America.