November 29, 2024

Global aluminum producers seek Q1 Japan premiums of $230-$260

For the October-December quarter, Japanese buyers agreed to pay a premium of $175/t, up 1.7% from the prior quarter.

November 28, 2024

India, Mongolia in talks for preliminary mining pact

The pact will focus on transit of minerals such as coal and copper, Reuters sources say.

November 28, 2024

Ambatovy nickel project to complete debt restructuring in December, says Sumitomo

As of late October, the nickel and cobalt project was slowly resuming production.

November 28, 2024

India to auction first offshore minerals tranche worth more than $17.8bn

The auction includes seven polymetallic nodules blocks.

November 27, 2024

RANKED: Top 20 automakers by EV battery metal spending

Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.

November 27, 2024

Falling gold prices revive physical demand in key markets

Consumers in price sensitive regions such as India had been finding it difficult to cope with gold's rally in recent months.

November 27, 2024

Singapore prosecutors say trader took $360 million in metal scam

A Singapore businessman is accused of leading investors in Envy Group to believe they could profit from physical nickel trades.

November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 26, 2024

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024.

November 26, 2024

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.