November 24, 2024

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.

November 23, 2024

Adani’s Australian coal unit faces human rights complaint

The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine.

November 22, 2024

Indonesia curbing nickel supply to support locals, Eramet says

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

November 21, 2024

Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit

The transaction is expected to close in early 2025.

November 20, 2024

Tycoon Adani charged by US over alleged $250 million bribe plot

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

November 20, 2024

NEO Battery Materials soars on consortium partnership in South Korea

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.

November 19, 2024

Graphjet opens world’s first commercial-scale green graphite facility in Malaysia

The new facility has the capacity to recycle up to 9,000 tonnes of palm kernel shells annually, producing up to 3,000 tonnes of graphite per year.

November 19, 2024

Mitsui said to be top bidder for First Quantum mines stake

The Japanese company is considering buying a roughly 20% interest in the Sentinel and Kansanshi mines.

November 18, 2024

Nippon Steel not to import from overseas mills in bid to save US Steel deal

Nippon is looking to close its $14.9 billion deal for US Steel by the end of the year.

November 18, 2024

Korea Zinc wins export control ruling amid fight to thwart takeover

Korea Zinc has been trying to thwart a takeover by rival zinc maker Young Poong.