January 2, 2025

Biden to ban more offshore oil drilling before Trump arrives

The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production.

January 2, 2025

Investors sell gold ETFs for fourth year even with Fed easing

A stronger dollar following Donald Trump’s election win saw a renewed selloff of those exchange-traded funds.

January 2, 2025

Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment

The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.

January 2, 2025

Chinese firm to build Guinea’s biggest alumina processing plant

The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027.

January 2, 2025

Gold price advances after 27% annual gain as traders eye US rate path

Many analysts see further gains ahead this year.

January 2, 2025

China flexes lithium dominance with plans for tech-export curbs

Beijing proposes including battery cathode material preparation technology to its catalog of applications that are subject to export bans or restrictions.

January 2, 2025

Indonesian prosecutors name five tin mining firms accused of illegal mining

The companies allegedly colluded with former executives at PT Timah to accommodate illegal tin mining.

January 2, 2025

China’s 2025 iron ore imports set to hit new high even as steel demand dwindles

UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario.

January 2, 2025

LME nickel hits four-year low as 2025 opens with eyes on China

Prices for nickel, used in stainless steel and batteries, dropped towards $15,000 a ton on the London Metal Exchange.

January 2, 2025

Copper price holds near 9-month low as 2025 opens with eyes on China

Chinese President Xi Jinping acknowledged new challenges from the external environment in a speech on Tuesday