December 3, 2024

Rio Tinto sells copper mine stake to Sumitomo for $399 million

Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia.

December 3, 2024

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

December 3, 2024

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

Nippon Steel hopes to close the deal before Trump retakes the White House on January 20.

December 1, 2024

Global mineral exploration activity in October was highest in a year, S&P data shows

According to S&P, funds raised by junior and intermediate miners nearly quadrupled to $1.61 billion in October, the highest since March 2022.

November 29, 2024

Indonesia to review compliance in move that could affect mine output

Indonesia said it will check miners' compliance with environmental rules and "re-examine" production quotas for those found to be in breach.

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.