January 8, 2025

Indian steel titan’s coal deal frozen amid Mozambique legal row

JSW Steel agreed in May to buy Minas de Revuboè, but the Mozambican government revoked the mine lease before a deal could be completed.

January 8, 2025

India cuts November gold imports by record $5 billion

This represents the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record.

January 8, 2025

Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel

KNS halted its operations in March after Glencore decided to sell its 49% interest.

January 7, 2025

Nippon Steel’s thwarted bid sets up tougher rivalry with Chinese mills

Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal to purchase US Steel.

January 7, 2025

Nickel Asia aims to sell processing plant stake to Sumitomo

The Philippine miner, partly owned by Sumitomo, aims to sell its entire 15.625% stake in Coral Bay Nickel.

January 7, 2025

Blinken visits Japan as Nippon Steel decision weighs on relations

Japanese Prime Minister Ishiba described Biden's decision to block the sale of US Steel to Nippon Steel as "perplexing".

January 6, 2025

Gold price steady as Trump’s remarks fan uncertainty across markets

President-elect Donald Trump denied on Monday a report he might moderate plans for across-the-board tariffs.

January 6, 2025

India steel ministry proposes KIOCL, NMDC merger

Mining company NMDC aims to export iron ore pellets from KIOCL post the merger.

January 6, 2025

Takeover target Korea Zinc warns of ‘very bad’ outlook for 2025

The takeover threat “has put the management and employees of Korea Zinc on the line to overcome the crisis,” the company said.

January 6, 2025

US Steel, Nippon sue Biden administration over decision to block merger

Biden blocked proposed deal on national security grounds.