July 16, 2024

China stainless steel mogul fights to avoid a second collapse

A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.

July 16, 2024

Zijin Mining to take 9.9% stake in Montage Gold

As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.

July 16, 2024

Copper market’s biggest whale fuels speculation of a major shift

The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.

July 16, 2024

Ganfeng Lithium plans to build $1.1 billion trading desk

Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said.

July 16, 2024

China copper smelters bracing for shortage of vital scrap metal

Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.

July 15, 2024

Iron ore price extends gains on China stimulus hopes

A highly anticipated third plenum that started from Monday will outline efforts to promote advanced manufacturing.

July 15, 2024

Europe needs way to price critical minerals independently of China, group says

Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups.

July 15, 2024

Seabed mining regulator meets amid mounting pressure for code

Meeting is considered pivotal for the UN body, expected to finalize its decade-long effort to enact regulations by 2025.

July 14, 2024

Liontown signs new deal to supply spodumene to China

The short-term deal is to ship 100,000 dry metric tonnes of spodumene concentrate to Beijing Sinomine over 10 months.

July 14, 2024

Column: After another boom and bust, where next for lithium?

There was a similar boom-bust cycle in 2016-2017 but the difference this time is that no-one seems to be expecting a speedy recovery.