December 4, 2024

Mitsubishi Corp loses $90 million in suspected China metal fraud

The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house.

December 4, 2024

China’s trade reprisals may extend to minerals like rare earths

China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US.

December 4, 2024

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.

December 3, 2024

Canada mining group uses China ban to push back on Trump tariffs

“Imposing tariffs on Canadian mineral and metal exports to the US would run counter to the shared goals of secure and reliable supply chains,” the MAC said.

December 3, 2024

Trump tariffs could reshape global copper landscape

Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products.

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

China bans export of gallium, germanium and antimony to the US

China accounted for 48% of the world’s mined antimony last year, alongside 59.2% of global refined germanium production and 98.8% of refined gallium output in 2023.

December 3, 2024

Zijin takes control of Pan American’s gold mine in Peru

Pan American no longer owns the mine but retains the right to 60% of future copper concentrate from La Arena II.

December 2, 2024

China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says

The Geological Bureau of Hunan Province said it had found more than 35.2 million oz of gold beneath the Wangu gold field in Pingjiang county.

December 2, 2024

Zinc’s wild week may signal volatile era as supplies squeezed

Supply pressures have made zinc the best performer of the LME’s six base metals this year.