October 30, 2024

Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism

The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%.

October 30, 2024

Simandou to mine first cargo by end of 2025

With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.

October 29, 2024

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

October 29, 2024

CHART: Copper price is being held hostage by Beijing

New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility.

October 29, 2024

China’s cobalt king hits output goal months ahead of schedule

The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up.

October 28, 2024

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

October 28, 2024

US recycles the most gold from e-waste, study shows

It is estimated that the US generated 13,767 kg of gold that year worth around £882.8 million from its e-waste in 2022.

October 28, 2024

Vale, Jinnan invest $627m in iron ore plant in Oman

Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.

October 28, 2024

China gold demand plunges as record prices deter jewelry buyers

Gold demand in the world’s biggest consumer plunged by more than a fifth in the third quarter.

October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.